Thatcher Butcher - 03 Mar 2025 Form 4 Insider Report for STAR EQUITY HOLDINGS, INC. (STRR)

Role: President - KBS
Signature: /s/ Hannah Bible, as Attorney-in-fact
Issuer symbol: STRR
Transactions as of: 03 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2025, 16:43:59 UTC
Previous filing: 28 Mar 2024
Next filing: 14 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRR	Common Stock	Options Exercise		+1,715	+100%		3,430	03 Mar 2025	Direct	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	STRR	Restricted Stock Unit	Options Exercise		-1,715	-50%		1,714	03 Mar 2025	Common Stock	1,715		Direct	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
F3	This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F4	On March 1, 2023, the Reporting Person was granted 5,144 Restricted Stock Units (after giving effect to the Reverse Stock Split). As to this grant, one-third of the Restricted Stock Units vested on March 1, 2024, one-third of the Restricted Stock Units vested on March 1, 2025, and one-third of the Restricted Stock Units are scheduled to vest on March 1, 2026, subject to the Reporting Person continuing to provide service through such date.