Star Equity Holdings CEO Jeffrey Eberwein sells $27,400 preferred stock
Star Equity Holdings' CEO, Jeffrey Eberwein, divested 3,000 shares of the company's Series A Preferred Stock during October 2026. The sales occurred over three days, with Eberwein trading 1,000 shares each on October 9th, 12th, and 13th at prices ranging from $9.13 to $9.14 per share. The total value of these sales amounted to around $27,400.
These transactions were executed under a Rule 10b5-1 trading plan adopted by Eberwein, overseen by Clear Street LLC. The plan commenced on October 1st, 2026, and is set to conclude on the same date in 2028, unless terminated earlier. Currently, Eberwein holds 756,937 shares of Star Equity Holdings' Series A Preferred Stock, trading at $9.99, slightly above the sale prices.
Despite the company's undervaluation, as per InvestingPro analysis, it faces financial challenges, including cash burn and profitability concerns.
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