CEO Jeffrey Eberwein Boosts Common Stock Stake to 30.66%, Establishes Preferred Stock Sales Plan
STRR has more than doubled off its 52-week low of $1.93.
Summary
CEO Jeffrey Eberwein has further increased his common stock ownership to 30.66% through recent purchases, while also setting up a future, pre-planned sales program for his preferred stock holdings.
Key Events · Ownership and Investor Activity · STRR
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Increased Common Stock Ownership
CEO Jeffrey Eberwein's beneficial ownership of common stock has increased to 1,149,289 shares, representing 30.66% of the outstanding shares.
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Continued Open Market Purchases
Mr. Eberwein made additional open market purchases of common stock totaling approximately $503,892 between June 2 and June 29, 2026, reinforcing his significant stake.
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Preferred Stock Sales Plan Established
Mr. Eberwein adopted a Rule 10b5-1 Sales Trading Plan on June 25, 2026, to sell his 765,077 shares of Series A Cumulative Perpetual Preferred Stock. Sales are authorized to begin on October 1, 2026, and the plan expires on October 1, 2028.
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Coordination with Company ATM Program
The sales plan for preferred stock explicitly states that the broker will not sell under this plan while also acting as sales agent for the Issuer's existing ATM offering program for preferred stock.
Analysis · STRR · Trade & Services
CEO Jeffrey Eberwein continues to demonstrate strong conviction in Star Equity Holdings by increasing his beneficial ownership of common stock to 30.66% through additional open market purchases totaling approximately $503,892. This follows a pattern of significant accumulation. Concurrently, he has established a Rule 10b5-1 plan to sell Series A Cumulative Perpetual Preferred Stock, starting in October 2026, which is a pre-planned disposition of a different class of security.
At the time of this filing, STRR was trading at $10.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $40.5M. The 52-week trading range was $1.93 to $11.99. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.