Star Equity director granted 5,504 RSUs

Nelson Connia M reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Nelson Connia M reported acquisition or exercise transactions in this Form 4 filing.

Star Equity Holdings, Inc. director Nelson Connia M reported an equity award on Common Stock. He received 5,504 Restricted Stock Units at no cash cost under the company’s 2009 Incentive Stock and Awards Plan, with each unit settling into one share on the first anniversary of the grant. Following this grant, his direct holdings total 40,854 shares, including previously credited Restricted Stock Units and deferred shares.

Insider Trade Summary

Grant/Award: 5,504 shares

Grant/Award 1 txn

Insider Nelson Connia M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,504	$0.00	$0.00

Holdings After Transaction: Common Stock — 40,854 shares (Direct)

Footnotes (2)

1. F1. Includes 5,504 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. The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026.
2. F2. Includes 12,516 Restricted Stock Units and 1,130 deferred shares 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 and deferred share 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

RSUs granted: 5,504 shares Grant price: $0.0000 per share Holdings after grant: 40,854 shares +2 more

5 metrics

RSUs granted 5,504 shares Restricted Stock Units granted on May 27, 2026

Grant price $0.0000 per share Reported transaction price per share for RSU grant

Holdings after grant 40,854 shares Total direct holdings following the reported transaction

Previously granted RSUs 12,516 units Restricted Stock Units previously credited under 2009 Plan

Deferred shares 1,130 shares Deferred shares credited under 2009 Incentive Stock and Awards Plan

Key Terms

Restricted Stock Units, deferred shares, 2009 Incentive Stock and Awards Plan, grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"Includes 5,504 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.

deferred shares financial

"Includes 12,516 Restricted Stock Units and 1,130 deferred shares credited"

Deferred shares are a class of stock whose economic benefits or certain shareholder rights are delayed or paid later than ordinary shares—for example, dividends may be paid only after other shareholders receive theirs, or voting or redemption rights may be postponed. For investors, that timing difference matters because deferred shares typically offer lower near-term income and different risk, affecting expected returns, priority in payouts, and the share’s market value; think of them like a delayed paycheck compared with a regular salary.

2009 Incentive Stock and Awards Plan financial

"under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Star Equity (STRR) report for Nelson Connia M?

Star Equity reported an equity award to director Nelson Connia M. He received 5,504 Restricted Stock Units in Common Stock under the 2009 Incentive Stock and Awards Plan, increasing his direct holdings to 40,854 shares after the award, all reflected in this Form 4 filing.

How many Restricted Stock Units were granted in this Star Equity (STRR) Form 4?

The filing shows a grant of 5,504 Restricted Stock Units. These units were credited to Nelson Connia M’s account under Star Equity’s 2009 Incentive Stock and Awards Plan and were valued using the closing price on May 27, 2026, the stated grant date in the disclosure.

When will the 5,504 Star Equity (STRR) Restricted Stock Units settle into shares?

Each of the 5,504 Restricted Stock Units settles after one year. The filing states that each unit represents the right to receive one share of common stock, payable upon the first anniversary of the May 27, 2026 grant date, subject to the plan’s standard settlement terms.

What are Nelson Connia M’s total Star Equity (STRR) holdings after this grant?

After the grant, Nelson Connia M directly holds 40,854 shares. This total includes the newly granted 5,504 Restricted Stock Units as well as 12,516 previously granted Restricted Stock Units and 1,130 deferred shares credited under the 2009 Incentive Stock and Awards Plan.

Were the Star Equity (STRR) shares in this Form 4 purchased on the open market?

No, the shares were awarded as compensation, not bought in the market. The transaction is coded as a grant or award acquisition, with a reported price per share of $0.0000, indicating a stock-based compensation grant rather than an open-market purchase.

What plan governs the Star Equity (STRR) Restricted Stock Units reported in this Form 4?

The awards are under Star Equity’s 2009 Incentive Stock and Awards Plan. The filing notes that both the new 5,504 Restricted Stock Units and earlier RSUs and deferred shares were credited under this amended and restated plan, which provides for equity-based director compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/28/2026 - 06:35 PM EDT Learn about SEC filing dates

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^*

Nelson Connia M

(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)
05/27/2026

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	05/27/2026		A		5,504(1)	A	$0	40,854(2)	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 5,504 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. The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026.

2. Includes 12,516 Restricted Stock Units and 1,130 deferred shares 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 and deferred share 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 Connia Nelson	05/28/2026
	** 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)