Star Equity (STRR) COO converts 1,161 RSUs into common shares and holds 20,161
Rhea-AI Filing Summary
Star Equity Holdings, Inc. reports that Chief Operating Officer Richard Kenneth Coleman Jr. settled 1,161 Restricted Stock Units into an equal number of common shares on July 27, 2026, following their scheduled vesting from a July 27, 2023 grant. After this conversion, he directly holds 20,161 shares, including 15,624 shares of common stock and 4,537 RSUs from later grants that remain subject to continued service-based vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,161 shares
Net Buy
2 txns
Insider
Coleman Richard Kenneth Jr.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2, F4 | 1,161 | -- | -- |
| Exercise | Common Stock F1, F2, F3 | 1,161 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 20,161 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- F2. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F3. Includes 15,624 shares of common stock and 4,537 shares of RSUs granted to the Reporting Person on November 8, 2024, March 25, 2025, and March 25, 2026. The RSUs are subject to the Reporting Person continuing to provide service through the RSU's applicable vesting date.
- F4. On July 27, 2023, the Reporting Person was granted Restricted Stock Units, as to this grant, one-third of the Restricted Stock Units vested on July 27, 2024, one-third of the Restricted Stock Units vested on July 27, 2025, and one-third of the Restricted Stock Units vested on July 27, 2026.
Key Figures
RSUs settled into common stock: 1,161 shares
Total direct holdings after transaction: 20,161 shares
Common stock component of holdings: 15,624 shares
+2 more
5 metrics
RSUs settled into common stock
1,161 shares
Restricted Stock Units converted to common stock on July 27, 2026
Total direct holdings after transaction
20,161 shares
Shares beneficially owned by the COO following the July 27, 2026 settlement
Common stock component of holdings
15,624 shares
Portion of the COO’s 20,161 total shares held as common stock
Remaining RSUs from later grants
4,537 RSUs
RSUs granted on November 8, 2024, March 25, 2025, and March 25, 2026, still subject to vesting
Original RSU grant date
July 27, 2023
Grant date for RSUs that vested in three annual tranches ending July 27, 2026
Key Terms
Restricted Stock Unit, vesting date, settlement, service through the RSU's applicable vesting date
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting date financial
"settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date"
settlement financial
"represents the settlement of Restricted Stock Units in shares of common stock"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
service through the RSU's applicable vesting date financial
"The RSUs are subject to the Reporting Person continuing to provide service through the RSU's applicable vesting date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Star Equity (STRR) report for its COO?
Star Equity’s COO, Richard Kenneth Coleman Jr., settled 1,161 Restricted Stock Units into an equal number of common shares on July 27, 2026. The settlement occurred on the RSUs’ scheduled vesting date from a grant originally made on July 27, 2023.
What type of equity award was involved in the Star Equity (STRR) COO’s Form 4?
The transaction involved Restricted Stock Units (RSUs), each representing the right to receive one share of common stock at settlement. On July 27, 2026, 1,161 RSUs vested and were settled into 1,161 shares of Star Equity common stock.
Was the Star Equity (STRR) COO’s RSU settlement under a Rule 10b5-1 plan?
No. The Rule 10b5-1 trading plan checkbox was not marked, so these July 27, 2026 transactions are not reported as being executed under a Rule 10b5-1 trading plan. They reflect scheduled RSU vesting and settlement.
What is the vesting schedule of the RSUs settled by the Star Equity (STRR) COO?
The RSUs settled on July 27, 2026 came from a grant made on July 27, 2023. For that grant, one-third of the RSUs vested on July 27 of 2024, 2025, and 2026, with the 2026 tranche now converted into common shares.
Do the Star Equity (STRR) COO’s remaining RSUs have conditions attached?
Yes. The remaining 4,537 RSUs from grants on November 8, 2024, March 25, 2025, and March 25, 2026 remain subject to the COO continuing to provide service through each RSU’s applicable vesting date, as specified in the award terms.