Star Equity director buys 500 shares in open market
Star Equity Holdings, Inc. director Todd Michael Fruhbeis made an open-market purchase of 500 shares of common stock at $11.23 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Star Equity Holdings, Inc. director Todd Michael Fruhbeis made an open-market purchase of 500 shares of common stock at $11.23 per share. After this trade, he directly owns 20,178 common shares. This total includes 12,516 Restricted Stock Units that will each settle into one share on their respective first anniversaries of grant.
Insights
Small open-market purchase modestly increases a director’s direct stake.
Director Todd Michael Fruhbeis bought 500 shares of Star Equity Holdings common stock in an open-market transaction at $11.23 per share. Open-market purchases are discretionary and generally indicate the insider chose to increase exposure at the current trading level.
Following the trade, he directly holds 20,178 common shares, including 12,516 Restricted Stock Units that convert one-for-one into shares on the first anniversaries of their grants. The purchase size is small relative to his total reported holdings, so the transaction appears routine rather than thesis-changing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $11.23 | $6K |
Footnotes (1)
- F1. 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
Key Terms
Restricted Stock Units financial
2009 Incentive Stock and Awards Plan financial
open-market purchase financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Star Equity (STRR) report for Todd Michael Fruhbeis?
What are the Restricted Stock Units reported for Star Equity (STRR) director Fruhbeis?
Does this Star Equity (STRR) Form 4 involve any derivative securities or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.