secwatch.observer — SEC 8-K summary
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Issuer:     Star Equity Holdings, Inc. (STRR)
CIK:        0001210708
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001210708-25-000145
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Eberwein exchanges preferred shares for common; amended contract removes change-in-control severance
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- Exchanged 320,855 Series A Preferred shares for 287,631 common shares at $10.43/share (closing bid price).
- After exchange, Eberwein holds 26.15% of common stock and 34.19% of preferred stock outstanding.
- Amended employment agreement extends CEO term to Dec 31, 2026, with annual auto-renewals; base salary remains $500,000.
- Removed obligation for severance or additional term upon a Change in Control; cash/RSU bonus replaced by discretionary bonus.
- Termination without cause or non-renewal entitles Eberwein only to earned but unpaid compensation, subject to release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210708/000121070825000145/0001210708-25-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210708/000121070825000145/hson-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001210708-25-000145

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