Jeffrey E. Eberwein, serving in multiple leadership capacities at Star Equity Holdings, Inc. (NASDAQ: STRR), has completed the acquisition of 10,000 shares of the firm's common equity. The total transaction value for these purchases stands at $110,100. According to a Form 4 filing with the Securities and Exchange Commission, the CEO executed these acquisitions through two distinct transactions. On June 25, 2026, Eberwein purchased 5,000 shares at a price of $11.01 per share. A second transaction occurred four days later on June 29, 2026, where he acquired an additional 5,000 shares at the identical price point.
Eberwein holds the positions of Chief Executive Officer and Director at Star Equity Holdings, and maintains a ten percent ownership stake in the company. Following the completion of these recent purchases, his direct ownership of STRR common stock has increased to a total of 1,125,714 shares. This ownership figure encompasses 21,125 shares of restricted stock and 6,750 restricted stock units (RSUs), each RSU representing the right to receive one share of common stock upon settlement. It is important to note that this reported ownership total excludes 2,000 shares that are indirectly held through contributory 401(k) and IRA accounts.
The timing of the CEO's purchases occurs while the stock is trading at $10.97, which is positioned near the $11.01 price at which Eberwein acquired his shares. This activity follows a period of notable market performance for STRR, which has recorded a 31% gain over the past year. Analysis from InvestingPro suggests that the stock may be undervalued based on its Fair Value assessment. Furthermore, an InvestingPro Tip highlights that management has been aggressively engaged in share buyback activity, with eight additional tips available to subscribers regarding this trend.
In a separate development regarding capital structure, Star Equity Holdings, Inc. disclosed through a U.S. Securities and Exchange Commission filing that it has entered into an At Market Issuance Sales Agreement with Ladenburg Thalmann & Co. Inc. This agreement provides the company with the ability to offer and sell shares of its 10% Series A Cumulative Perpetual Preferred Stock for a total amount of up to $8.7 million. The filing explicitly notes that Star Equity Holdings is not obligated to sell any shares under this agreement. The sales agent, Ladenburg Thalmann & Co. Inc., will utilize commercially reasonable efforts to sell the shares based on specific instructions from the company. These instructions may include parameters such as price, timing, or transaction size.