Star Equity Holdings (STRR) COO purchases 977 Series A preferred shares
Rhea-AI Filing Summary
Star Equity Holdings, Inc. Chief Operating Officer Richard Kenneth Coleman Jr. purchased 977 shares of its 10% Series A Cumulative Perpetual Preferred Stock on March 25, 2026 at $9.95 per share, increasing his direct holdings of this preferred stock to 8,477 shares. This amendment corrects an earlier report that had misclassified the purchase as common stock and states that future insider reports will reflect updated totals for both common and preferred shares beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 977 shares
Net Buy
1 txn
Insider
Coleman Richard Kenneth Jr.
Role
Chief Operating Officer
Bought
977 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series A Preferred Stock F1 | 977 | $9.95 | $10K |
Holdings After Transaction:
Series A Preferred Stock — 8,477 shares (Direct)
Footnotes (1)
- F1. On March 27, 2026, the Reporting Person filed a Form 4 which reported that the Reporting Person had purchased 977 shares of Common Stock of the Issuer. In fact, as reported in this amendment, the Reporting Person purchased 977 shares of 10% Series A Cumulative Perpetual Preferred Stock ("Preferred Stock") of the Issuer, and not 977 shares of Common Stock. Subsequent Form 4s filed by the Reporting Person will include the corrected amount of Common Stock and Preferred Stock beneficially owned by the Reporting Person.
Key Figures
Preferred shares purchased: 977.0000 shares
Purchase price per share: $9.9500 per share
Preferred shares held after transaction: 8477.0000 shares
+1 more
4 metrics
Preferred shares purchased
977.0000 shares
Series A Preferred Stock acquired on March 25, 2026
Purchase price per share
$9.9500 per share
Price paid for Series A Preferred Stock on March 25, 2026
Preferred shares held after transaction
8477.0000 shares
Direct holdings of Series A Preferred Stock following the purchase
Series A Preferred dividend rate
10%
Security described as 10% Series A Cumulative Perpetual Preferred Stock
Key Terms
10% Series A Cumulative Perpetual Preferred Stock, beneficially owned, Form 4
3 terms
10% Series A Cumulative Perpetual Preferred Stock financial
"the Reporting Person purchased 977 shares of 10% Series A Cumulative Perpetual Preferred Stock"
beneficially owned financial
"Subsequent Form 4s filed by the Reporting Person will include the corrected amount of Common Stock and Preferred Stock beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"On March 27, 2026, the Reporting Person filed a Form 4 which reported"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Star Equity (STRR) report for its COO?
Star Equity’s COO, Richard Kenneth Coleman Jr., bought 977 shares of the company’s 10% Series A Cumulative Perpetual Preferred Stock on March 25, 2026 at $9.95 per share, increasing his direct preferred holdings to 8,477 shares.
What correction does this Form 4/A make for Star Equity (STRR)?
The amendment corrects a prior Form 4 filed March 27, 2026 that incorrectly identified the 977-share purchase as common stock. It clarifies the shares were 10% Series A Cumulative Perpetual Preferred Stock and notes future reports will show corrected common and preferred holdings.
Was the Star Equity (STRR) COO’s purchase under a Rule 10b5-1 plan?
No. The Form 4/A indicates the Rule 10b5-1 checkbox is not selected, meaning the reported March 25, 2026 purchase of 977 preferred shares was not executed pursuant to a pre-arranged Rule 10b5-1 trading plan.