Star Equity (NASDAQ: STRR) director adds 2,400 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings director Todd Michael Fruhbeis increased his stake through a mix of option-like vesting and open‑market buying. On March 25, he acquired 460 shares of common stock at $0.00 per share upon settlement of Restricted Stock Units that fully vested that day. He then made six open‑market purchases from March 25–27 totaling 2,400 common shares at prices between $9.76 and $10.17 per share. After these transactions, he directly holds 13,073 common shares. Footnotes indicate an additional 7,012 Restricted Stock Units are credited to his account, each convertible into one share of common stock at future settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,400 shares ($24,047)
Net Buy
8 txns
Insider
Fruhbeis Todd Michael
Role
Director
Bought
2,400 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $10.10 | $5K |
| Purchase | Common Stock | 300 | $10.15 | $3K |
| Purchase | Common Stock | 500 | $10.15 | $5K |
| Purchase | Common Stock | 300 | $10.17 | $3K |
| Exercise | Restricted Stock Unit | 460 | $0.00 | -- |
| Exercise | Common Stock | 460 | $0.00 | -- |
| Purchase | Common Stock | 500 | $9.76 | $5K |
| Purchase | Common Stock | 300 | $9.82 | $3K |
Holdings After Transaction:
Common Stock — 12,773 shares (Direct);
Restricted Stock Unit — 0 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date. Includes 7,012 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. On March 25, 2025, the Reporting Person was granted Restricted Stock Units by Star Operating Companies, Inc. ("SOC"), each of which represented the right to receive, at settlement, one share of SOC common stock ("SOC RSUs"). Pursuant to the Agreement and Plan of Merger, dated as of May 21, 2025, by and among SOC, the Issuer and HSON Merger Sub, Inc., a wholly owned subsidiary of the Issuer, the Reporting Person's SOC RSUs were exchanged for 460 Restricted Stock Units. As to this grant, one hundred percent (100%) of the Restricted Stock Units vested on March 25, 2026.
FAQ
What insider activity did Todd Michael Fruhbeis report at Star Equity (STRR)?
Todd Michael Fruhbeis reported multiple transactions increasing his holdings. He exercised 460 Restricted Stock Units into common stock at $0.00 and made six open‑market purchases totaling 2,400 common shares between $9.76 and $10.17 per share.
What was the Restricted Stock Unit transaction reported by Todd Michael Fruhbeis?
On March 25, he settled 460 Restricted Stock Units into 460 shares of Star Equity common stock at a conversion price of $0.00. Footnotes state these RSUs fully vested on that date as part of a prior grant exchanged in a merger transaction.
Does Todd Michael Fruhbeis have additional Star Equity RSUs outstanding?
Yes. Footnotes state 7,012 Restricted Stock Units are credited to his account under the company’s incentive plan. Each RSU represents the right to receive one share of common stock upon settlement, typically payable on the first anniversary of the grant date.
Star Equity Holdings Inc