Star Equity (STRR) director Louis A. Parks adds 1,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings director Louis A. Parks bought additional company stock in the open market. On this Form 4, he purchased 1,000 shares of common stock at an average price of $11.60 per share. After the trade, he directly owns 15,813 common shares.
The filing also notes 12,516 Restricted Stock Units credited to his account under Star Equity’s 2009 Incentive Stock and Awards Plan. Each unit is settled in one share of common stock on the first anniversary of its grant date, adding to his longer-term equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($11,600)
Net Buy
1 txn
Insider
Parks Louis A.
Role
null
Bought
1,000 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $11.60 | $12K |
Holdings After Transaction:
Common Stock — 15,813 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 1,000 shares
Purchase price: $11.60 per share
Direct holdings after trade: 15,813 shares
+2 more
5 metrics
Shares purchased
1,000 shares
Open-market purchase of common stock
Purchase price
$11.60 per share
Price paid for 1,000 common shares
Direct holdings after trade
15,813 shares
Common stock directly owned post-transaction
Restricted Stock Units
12,516 units
Credited under 2009 Incentive Stock and Awards Plan
Net buy shares
1,000 shares
Net buy direction per transaction summary
Key Terms
open-market purchase, Restricted Stock Units, Incentive Stock and Awards Plan
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Restricted Stock Units financial
"Includes 12,516 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.
Incentive Stock and Awards Plan financial
"under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"
FAQ
What insider transaction did Louis A. Parks report for Star Equity Holdings (STRR)?
Louis A. Parks reported an open-market purchase of 1,000 Star Equity common shares. He bought the stock at an average price of $11.60 per share, increasing his directly held position to 15,813 shares according to the Form 4 filing.
What Restricted Stock Units does Louis A. Parks hold at Star Equity Holdings?
Louis A. Parks has 12,516 Restricted Stock Units credited under Star Equity’s 2009 Incentive Stock and Awards Plan. Each unit entitles him to receive one common share at settlement on the first anniversary of its respective grant date, expanding his future equity exposure.
Does this Star Equity Form 4 include any derivative or option transactions?
This Form 4 reports only a non-derivative open-market purchase of common stock. It shows no derivative exercises or option trades, though a separate footnote discloses 12,516 Restricted Stock Units that may convert into common shares upon their respective settlement dates.