Key facts
- This page summarizes COWEN INC.'s Form 4 filing for Star Holdings (STHO).
- 8 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 15 Mar 2024, 19:44.
COWEN INC. - 08 Mar 2024 Form 4 Insider Report for Star Holdings (STHO)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- STHO
- Reported as of
- 08 Mar 2024
- Net transaction value
- -$45,495
- SEC form
- 4
- Accepted by SEC
- 15 Mar 2024, 19:44:20 UTC
- Prior SEC filing
- 15 Mar 2024
- Next SEC filing
- 22 May 2024
- Source filing
- View source filing
- Reporting owner signature
- Cowen Inc., By: /s/ Stephen A. Lasota, Chief Financial Officer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
COWEN INC. filed Form 4 for Star Holdings (STHO) on 15 Mar 2024.
Change
- Previous filing in this sequence was filed on 15 Mar 2024.
- Current net transaction value: -$45,495.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
STHO
transaction
Common Shares of Beneficial Interest
Purchase
- Transaction value
- $139,970
- Shares
- +11,472
- Change %
- +1.2%
- Price
- $12.20
- Shares after
- 1,000,920
- Date
- 08 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F5
STHO
transaction
Common Shares of Beneficial Interest
Sale
- Transaction value
- $85,627
- Shares
- -7,013
- Change %
- -0.7%
- Price
- $12.21
- Shares after
- 993,907
- Date
- 08 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F6, F12
STHO
transaction
Common Shares of Beneficial Interest
Purchase
- Transaction value
- $54,324
- Shares
- +4,431
- Change %
- +1.3%
- Price
- $12.26
- Shares after
- 347,203
- Date
- 08 Mar 2024
- Ownership
- By Cowen and Company, LLC
- Footnotes
- F1, F2, F4, F7
STHO
transaction
Common Shares of Beneficial Interest
Purchase
- Transaction value
- $55,291
- Shares
- +4,595
- Change %
- +0.46%
- Price
- $12.03
- Shares after
- 998,502
- Date
- 11 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F8, F12
STHO
transaction
Common Shares of Beneficial Interest
Sale
- Transaction value
- $17,922
- Shares
- -1,500
- Change %
- -0.15%
- Price
- $11.95
- Shares after
- 997,002
- Date
- 11 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F9, F12
STHO
transaction
Common Shares of Beneficial Interest
Purchase
- Transaction value
- $5,336
- Shares
- +448
- Change %
- +0.13%
- Price
- $11.91
- Shares after
- 347,651
- Date
- 11 Mar 2024
- Ownership
- By Cowen and Company, LLC
- Footnotes
- F1, F2, F4, F12
STHO
transaction
Common Shares of Beneficial Interest
Purchase
- Transaction value
- $12,920
- Shares
- +1,100
- Change %
- +0.11%
- Price
- $11.75
- Shares after
- 998,102
- Date
- 12 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F10, F12
STHO
transaction
Common Shares of Beneficial Interest
Sale
- Transaction value
- $209,786
- Shares
- -17,700
- Change %
- -1.8%
- Price
- $11.85
- Shares after
- 980,402
- Date
- 12 Mar 2024
- Ownership
- By Cowen Overseas Investment LP
- Footnotes
- F1, F2, F3, F11
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
COWEN INC. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 12 footnotes
Footnote F1
This Form 4 is filed jointly by Cowen Inc., Cowen Overseas Investment LP ("COIL"), Cowen and Company, LLC ("Cowen and Company"), Cowen Holdings, Inc. ("Cowen Holdings") and RCG LV Pearl LLC ("RCG", and collectively, the "Reporting Persons").
Footnote F2
Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
Footnote F3
Represents securities owned directly by COIL. RCG is the sole owner of COIL. Cowen Inc. is the sole member of RCG. In such capacities, each of RCG and Cowen Inc. may be deemed to beneficially own the securities owned directly by COIL, but disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
Footnote F4
Represents securities owned directly by Cowen and Company. Cowen Holdings is the sole member of Cowen and Company. RCG is the sole owner of Cowen Holdings. Cowen Inc. is the sole member of RCG. In such capacities, each of Cowen Holdings, RCG and Cowen Inc. may be deemed to beneficially own the securities owned directly by Cowen and Company, but disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
Footnote F5
The transaction was executed in multiple trades in prices ranging from $12.11 to $12.27, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
Footnote F6
The transaction was executed in multiple trades in prices ranging from $12.19 to $12.40, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Footnote F7
The transaction was executed in multiple trades in prices ranging from $12.139 to $12.392, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
Footnote F8
The transaction was executed in multiple trades in prices ranging from $11.90 to $12.12, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
Footnote F9
The transaction was executed in multiple trades in prices ranging from $11.89 to $12.08, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Footnote F10
The transaction was executed in multiple trades in prices ranging from $11.73 to $11.77, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
Footnote F11
The transaction was executed in multiple trades in prices ranging from $11.805 to $11.875, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
Footnote F12
The sales by COIL on March 6, 2024 (reported on a separate Form 4) and on March 8 and March 11, 2024 (reported herein) of an aggregate 7,513 shares were matchable under Section 16(b) of the Exchange Act with the purchases by COIL and Cowen and Company of an aggregate 7,513 shares on March 6 and March 7, 2024 (reported on a separate Form 4) and on March 11 and March 12, 2024 (reported herein). The Reporting Persons have agreed to deliver a payment to the Issuer in the amount of $2,284.27, which represents the full amount of the profit realized in connection with these short-swing transactions under Section 16(b) of the Exchange Act.