Star Equity (STRR) CAO reports 763-share tax withholding from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings, Inc. Chief Accounting Officer Matthew K. Diamond reported a routine tax-withholding transaction related to equity compensation. On May 29, 2026, the company withheld 763 shares of Common Stock at $11.62 per share to cover taxes due on the vesting of performance-based restricted stock units.
After this withholding, Diamond’s reported direct position totals 20,175 shares, consisting of 4,813 Share Units credited under the 2009 Incentive Plan and 15,362 shares of common stock. This was not an open-market sale but a non-discretionary tax settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Diamond Matthew K
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 763 | $11.62 | $9K |
Holdings After Transaction:
Common Stock — 20,175 shares (Direct, null)
Footnotes (1)
- This number represents shares of Star Equity Holdings, Inc. Common Stock withheld to satisfy the tax withholding obligation due upon vesting of performance-based restricted stock units. Includes (i) 4,813 Share Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Plan ("2009 Plan"); and (ii) 15,362 shares of common stock. Each Share Unit is the economic equivalent of one share of Common Stock. Share Units may be settled pursuant to the 2009 Plan by the issuance of Common Stock, the payment of cash, or a combination of both.
Key Figures
Shares withheld for taxes: 763 shares
Tax withholding price: $11.62 per share
Total shares after transaction: 20,175 shares
+2 more
5 metrics
Shares withheld for taxes
763 shares
Common Stock withheld on May 29, 2026 for tax obligations
Tax withholding price
$11.62 per share
Value used for 763 withheld shares of Common Stock
Total shares after transaction
20,175 shares
Direct holdings reported following tax-withholding disposition
Share Units under 2009 Plan
4,813 Share Units
Credited to Diamond’s account under the 2009 Incentive Plan
Common stock held
15,362 shares
Star Equity common stock directly held after the transaction
Key Terms
performance-based restricted stock units, Share Units, 2009 Incentive Plan, economic equivalent
4 terms
performance-based restricted stock units financial
"tax withholding obligation due upon vesting of performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
2009 Incentive Plan financial
"credited to the Reporting Person's account under the Issuer's 2009 Incentive Plan"
economic equivalent financial
"Each Share Unit is the economic equivalent of one share of Common Stock"
FAQ
What insider transaction did Star Equity (STRR) report for Matthew K. Diamond?
Star Equity reported a non-discretionary tax-withholding transaction for Matthew K. Diamond. The company withheld shares of common stock to satisfy tax obligations triggered by vesting performance-based restricted stock units, rather than an open-market buy or sell decision by the executive.
Was Matthew Diamond’s Star Equity (STRR) Form 4 an open-market sale?
No, the Form 4 did not report an open-market sale. It showed a tax-withholding disposition, where 763 shares were retained by the company to cover taxes due on vesting performance-based restricted stock units, a common administrative step in equity compensation plans.