Director at Star Equity (STRR) receives 5,504 restricted stock units
Rhea-AI Filing Summary
Star Equity Holdings, Inc. director Jennifer Palmer reported an equity compensation grant of 5,504 shares of common stock, recorded at a price of $0.00 per share. The Form 4 classifies this as a grant or award acquisition, not an open-market purchase.
Following this transaction, Palmer directly holds 13,273 shares of common stock. Footnotes explain that these 5,504 shares are in the form of Restricted Stock Units under the company’s 2009 Incentive Stock and Awards Plan, with each unit settling into one share of common stock on the first anniversary of the grant date. Additional footnote disclosure references other Restricted Stock Units credited under the same plan from earlier grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,504 shares
Net Buy
1 txn
Insider
Palmer Jennifer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,504 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,273 shares (Direct)
Footnotes (2)
- F1. Includes 5,504 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock payable upon the first anniversary of the grant date. The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026.
- F2. Includes 12,516 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock payable upon the first anniversary of the respective dates of grant of each award of Restricted Stock Units.
Key Figures
RSU grant size: 5,504 shares
Transaction price: $0.00 per share
Shares after transaction: 13,273 shares
+1 more
4 metrics
RSU grant size
5,504 shares
Restricted Stock Units granted on May 27, 2026
Transaction price
$0.00 per share
Grant or award acquisition, not open-market purchase
Shares after transaction
13,273 shares
Total Star Equity common shares held directly after grant
Additional RSUs referenced
12,516 units
Restricted Stock Units credited under 2009 Incentive Stock and Awards Plan
Key Terms
Restricted Stock Units, 2009 Incentive Stock and Awards Plan, grant, award, or other acquisition, settlement, +1 more
5 terms
Restricted Stock Units financial
"Includes 5,504 Restricted Stock Units credited to the Reporting Person's account"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2009 Incentive Stock and Awards Plan financial
"under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
settlement financial
"represents the right to receive, at settlement, one share of common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
closing price financial
"The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Star Equity (STRR) director Jennifer Palmer report in this Form 4?
Director Jennifer Palmer reported an equity compensation grant of 5,504 shares of Star Equity common stock. The filing classifies this as a grant or award acquisition, rather than an open-market transaction, and updates her total directly held common shares after the award.
What is the size and nature of Jennifer Palmer’s recent Star Equity (STRR) award?
The award covers 5,504 shares of Star Equity common stock recorded at a price of $0.00 per share. It is categorized as a grant or award acquisition, indicating compensation rather than a cash purchase, and is structured as Restricted Stock Units under the company’s incentive plan.
How are the 5,504 Restricted Stock Units for Star Equity (STRR) structured and settled?
Each of the 5,504 Restricted Stock Units represents the right to receive one share of Star Equity common stock. According to the footnote, the shares are payable upon settlement on the first anniversary of the grant date, aligning with the company’s 2009 Incentive Stock and Awards Plan.
Which Star Equity (STRR) equity plan governs Jennifer Palmer’s Restricted Stock Units?
Jennifer Palmer’s Restricted Stock Units are credited under Star Equity’s 2009 Incentive Stock and Awards Plan, as amended and restated. This plan governs both the newly granted 5,504 Restricted Stock Units and additional previously credited units referenced in the Form 4 footnotes.
How was the number of 5,504 Restricted Stock Units for Star Equity (STRR) determined?
The number of 5,504 Restricted Stock Units was determined using the closing price of Star Equity common stock on May 27, 2026. The footnote explains that this closing price served as the basis for calculating the size of the equity award credited to Jennifer Palmer.