Director adds Star Equity (STRR) shares in open-market purchase

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

Equity analyst

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

Net Buyer: 500 shares ($5,615)

Net Buy 1 txn

Insider Fruhbeis Todd Michael

Role null

Bought 500 shs ($6K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	500	$11.23	$6K

Holdings After Transaction: Common Stock — 20,178 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares purchased: 500 shares Purchase price: $11.23 per share Total shares after transaction: 20,178 shares +1 more

4 metrics

Shares purchased 500 shares Open-market purchase on 2026-06-12

Purchase price $11.23 per share Open-market transaction

Total shares after transaction 20,178 shares Direct ownership following purchase

Restricted Stock Units 12,516 RSUs Credited under 2009 Incentive Stock and Awards Plan

Key Terms

Restricted Stock Units, 2009 Incentive Stock and Awards Plan, open-market purchase

3 terms

Restricted Stock Units financial

"Includes 12,516 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan"

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

"credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"

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.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fruhbeis Todd Michael

(Last) (First) (Middle)

C/O STAR EQUITY HOLDINGS, INC.

53 FOREST AVENUE, SUITE 101

(Street)

OLD GREENWICH CONNECTICUT 06870

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Star Equity Holdings, Inc. [ STRR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		P		500	A	$11.23	20,178(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Hannah Bible, as Attorney-in-Fact for Todd Fruhbeis	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Star Equity (STRR) report for Todd Michael Fruhbeis?

Director Todd Michael Fruhbeis reported an open-market purchase of 500 Star Equity common shares at $11.23 per share. This Form 4 filing records his discretionary buy in the company’s stock, increasing his direct ownership position in Star Equity Holdings, Inc.

How many Star Equity (STRR) shares does Todd Michael Fruhbeis own after this Form 4?

After the reported transaction, Todd Michael Fruhbeis directly owns 20,178 Star Equity common shares. This figure includes both his existing holdings and the newly purchased 500 shares, as reflected in the post-transaction ownership line in the Form 4 data.

At what price did the Star Equity (STRR) director buy his new shares?

The director bought 500 Star Equity common shares at an average price of $11.23 per share in an open-market transaction. This per-share price is explicitly reported in the Form 4 and represents the consideration paid for each acquired share.

What are the Restricted Stock Units reported for Star Equity (STRR) director Fruhbeis?

The filing notes 12,516 Restricted Stock Units credited under Star Equity’s 2009 Incentive Stock and Awards Plan. Each Restricted Stock Unit entitles him to receive one common share at settlement, payable on the first anniversary of each respective grant date.

Does this Star Equity (STRR) Form 4 involve any derivative securities or option exercises?

No derivative transactions or option exercises are reported in this Form 4. The filing shows only a single non-derivative open-market purchase of 500 common shares and lists outstanding Restricted Stock Units, which convert into shares at future settlement dates.