Star Equity director buys 1,000 STRR shares
Star Equity Holdings director Mimi K. Drake bought 1,000 shares of common stock in an open-market transaction at $11.65 per share.
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Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings director Mimi K. Drake bought 1,000 shares of common stock in an open-market transaction at $11.65 per share. After this purchase on June 5, 2026, she directly and equity-based beneficially owns 44,834 shares. This total includes 12,516 Restricted Stock Units and 1,674 deferred shares credited under the company’s 2009 Incentive Stock and Awards Plan, each convertible into one share of common stock at settlement.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Drake Mimi K
Role
Director
Bought
1,000 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $11.65 | $12K |
Holdings After Transaction:
Common Stock — 44,834 shares (Direct)
Footnotes (1)
- F1. Includes 12,516 Restricted Stock Units and 1,674 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
Shares purchased: 1,000 shares
Purchase price: $11.65 per share
Total holdings after transaction: 44,834 shares
+3 more
6 metrics
Shares purchased
1,000 shares
Open-market common stock buy on June 5, 2026
Purchase price
$11.65 per share
Price for June 5, 2026 open-market transaction
Total holdings after transaction
44,834 shares
Common stock beneficially owned following the purchase
Restricted Stock Units
12,516 units
RSUs under 2009 Incentive Stock and Awards Plan
Deferred shares
1,674 shares
Deferred shares credited under 2009 Incentive Stock and Awards Plan
Net share change
1,000 shares
Net-buy shares from reported transaction
Key Terms
Restricted Stock Units, deferred shares, 2009 Incentive Stock and Awards Plan, open-market purchase, +1 more
5 terms
Restricted Stock Units financial
"Includes 12,516 Restricted Stock Units and 1,674 deferred shares 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.
2009 Incentive Stock and Awards Plan financial
"under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"
open-market purchase financial
"transaction_action: "open-market purchase" for the common stock transaction"
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.
beneficially owns financial
"represents the right to receive, at settlement, one share of common stock"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Star Equity Holdings (STRR) disclose for Mimi K. Drake?
Star Equity Holdings reported that director Mimi K. Drake bought 1,000 shares of common stock in an open-market transaction at $11.65 per share. The Form 4 shows this as a direct ownership purchase, increasing her overall equity position in the company.
What Restricted Stock Units does Mimi K. Drake have in Star Equity Holdings (STRR)?
Mimi K. Drake has 12,516 Restricted Stock Units credited under Star Equity Holdings’ 2009 Incentive Stock and Awards Plan. Each unit represents a right to receive one common share at settlement, generally payable on the first anniversary of each respective grant date.
How does the Form 4 describe the nature of Mimi K. Drake’s Star Equity (STRR) ownership?
The Form 4 classifies Mimi K. Drake’s reported position as direct ownership of common stock, supplemented by Restricted Stock Units and deferred shares. These equity awards are part of Star Equity’s 2009 Incentive Stock and Awards Plan and convert into common stock at future settlement dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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