[Form 4] Star Equity Holdings, Inc. Series A Cumulative Perpetual Preferred Stock Insider Trading Activity

Rhea-AI Filing Summary

Director Bradley A. Alford filed a Form 4 disclosing an equity award from Lamb Weston Holdings (LW) dated 07/25/2025. The grant includes 1,417 restricted stock units (RSUs) that will vest on the earlier of one year or the next annual meeting, and 862 stock options with a $60.86 exercise price expiring 07/25/2035. Both awards were received at no cash cost to the director.

After the transaction Alford now beneficially owns 1,417 common shares directly, 19,233 shares indirectly through a revocable trust, and 862 options. Because the grant was part of regular director compensation, no open-market buying or selling occurred. The additional shares represent an immaterial fraction of Lamb Weston’s outstanding equity but further align the director’s incentives with shareholder value.

Positive

• Director received 1,417 RSUs and 862 options, modestly increasing insider equity alignment.

Negative

• Equity issuance introduces minimal dilution, though immaterial to shareholders.

Insights

Securities Analyst

TL;DR: Routine equity award; negligible dilution, neutral share-price impact.

The RSU and option grant adds only ~1.4k shares and 862 options versus a ~145 m share count—dilution is de minimis. No cash outlay or sale signals, so the filing provides limited insight into near-term fundamentals or insider sentiment. Given the small scale and standard vesting terms, I view the event as informational with neutral market impact.

Corporate Governance Expert

TL;DR: Grant modestly strengthens director-shareholder alignment without red flags.

The compensation structure ties Director Alford’s wealth to future share performance, reinforcing alignment best practices. Vesting on the next annual meeting ensures a one-year performance horizon. No accelerated vesting provisions beyond standard change-of-control language were noted. Governance risk remains unchanged; impact is largely symbolic rather than material.

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

1. Name and Address of Reporting Person^*

Coleman Richard Kenneth Jr.

(Last) (First) (Middle)

C/O STAR EQUITY HOLDINGS, INC.

53 FOREST AVENUE SUITE 101

(Street)

OLD GREENWICH CT 06870

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STAR EQUITY HOLDINGS, INC. [ STRR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2025

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

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

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

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	07/27/2025		M		5,051(1)	A	(2)(3)	44,233(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
Restricted Stock Unit	(2)(3)	07/27/2025		M			5,051(1)	(4)	(4)	Common Stock	5,051(1)	(2)	5,051(1)	D

Explanation of Responses:

1. On June 12, 2024, the Issuer effected a 1-for-5 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

2. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.

3. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.

4. As to this grant, one-third of the Restricted Stock Units vested on each of July 27, 2024 and July 27,2025, and one-third of the Restricted Stock Units are scheduled to vest on July 27, 2026, subject to the Reporting Person continuing to provide service through such date.

Remarks:

	/s/ Richard K. Coleman, Jr.	07/28/2025
	** 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.
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FAQ

What insider transaction did LW report on 07/25/2025?

Director Bradley A. Alford received 1,417 RSUs and 862 stock options at a $60.86 strike price.

Did the LW director buy or sell shares in the open market?

No. The Form 4 shows a grant of RSUs and options; no open-market purchases or sales occurred.

How many Lamb Weston shares does Director Alford now own?

He holds 1,417 shares directly and 19,233 shares indirectly, plus 862 options.

When do the new RSUs and options vest or become exercisable?

Both vest or become exercisable on the earlier of one year after grant or the next annual meeting.

Is this filing likely to impact LW’s share price?

Impact should be neutral; the grant is routine and immaterial relative to total shares outstanding.