Star Holdings Announces 2024 Annual Meeting of Shareholders

Ticker: STHO · Form: DEF 14A · Filed: Apr 10, 2024 · CIK: 1953366

Star Holdings DEF 14A Filing Summary
FieldDetail
CompanyStar Holdings (STHO)
Form TypeDEF 14A
Filed DateApr 10, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$40 billion
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, Shareholder Vote, Corporate Governance, Auditor Ratification

TL;DR

<b>Star Holdings will hold its 2024 Annual Meeting of Shareholders on May 21, 2024, to elect trustees and ratify auditor appointments.</b>

AI Summary

Star Holdings (STHO) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. The 2024 Annual Meeting of Shareholders for Star Holdings will be held virtually on May 21, 2024, at 9:00 a.m. Eastern time. Shareholders of record as of March 27, 2024, are entitled to vote at the meeting. The meeting agenda includes the election of three trustees and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2024. The company's principal executive offices are located at 1114 Avenue of the Americas, 39th Floor, New York, NY 10036. Austin L. Lee, Deputy General Counsel, Corporate and Secretary, issued the notice on April 10, 2024.

Why It Matters

For investors and stakeholders tracking Star Holdings, this filing contains several important signals. This filing is a proxy statement (DEF 14A), indicating it contains important information for shareholders regarding voting matters and corporate governance. The meeting's focus on electing trustees and ratifying the auditor suggests a routine governance process, but shareholder participation is crucial for these decisions.

Risk Assessment

Risk Level: low — Star Holdings shows low risk based on this filing. The risk is low as this is a standard proxy filing detailing routine corporate governance matters like trustee elections and auditor ratification, with no immediate financial or operational concerns highlighted.

Analyst Insight

Shareholders should review the proxy materials to understand the proposals and vote accordingly to exercise their governance rights.

Key Numbers

  • May 21, 2024 — Annual Meeting Date (Tuesday, May 21, 2024)
  • 9:00 a.m. Eastern time — Meeting Time (9:00 a.m. Eastern time)
  • March 27, 2024 — Record Date (The close of business on March 27, 2024)
  • Three — Trustees to be Elected (Election of three trustees)

Key Players & Entities

  • Star Holdings (company) — Registrant
  • Deloitte & Touche LLP (company) — independent registered public accounting firm
  • Austin L. Lee (person) — Deputy General Counsel, Corporate and Secretary
  • 2024 (date) — Annual Meeting of Shareholders
  • May 21, 2024 (date) — Annual Meeting date
  • March 27, 2024 (date) — Record Date
  • 1114 Avenue of the Americas (address) — Business Address
  • New York (location) — Business Address

FAQ

When did Star Holdings file this DEF 14A?

Star Holdings filed this Proxy Statement (DEF 14A) with the SEC on April 10, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Star Holdings (STHO).

Where can I read the original DEF 14A filing from Star Holdings?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Star Holdings.

What are the key takeaways from Star Holdings's DEF 14A?

Star Holdings filed this DEF 14A on April 10, 2024. Key takeaways: The 2024 Annual Meeting of Shareholders for Star Holdings will be held virtually on May 21, 2024, at 9:00 a.m. Eastern time.. Shareholders of record as of March 27, 2024, are entitled to vote at the meeting.. The meeting agenda includes the election of three trustees and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2024..

Is Star Holdings a risky investment based on this filing?

Based on this DEF 14A, Star Holdings presents a relatively low-risk profile. The risk is low as this is a standard proxy filing detailing routine corporate governance matters like trustee elections and auditor ratification, with no immediate financial or operational concerns highlighted.

What should investors do after reading Star Holdings's DEF 14A?

Shareholders should review the proxy materials to understand the proposals and vote accordingly to exercise their governance rights. The overall sentiment from this filing is neutral.

How does Star Holdings compare to its industry peers?

Star Holdings operates in the real estate sector, specifically as a lessor of real property. This filing is a standard proxy statement for its annual shareholder meeting.

Are there regulatory concerns for Star Holdings?

This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

Industry Context

Star Holdings operates in the real estate sector, specifically as a lessor of real property. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

  1. Review the proxy statement for details on trustee nominees.
  2. Understand the proposal for ratifying Deloitte & Touche LLP as the auditor.
  3. Vote by the deadline to ensure participation in corporate governance.

Key Dates

  • 2024-05-21: Annual Meeting of Shareholders — Shareholders will vote on proposals and other business.
  • 2024-03-27: Record Date — Determines shareholders eligible to vote.
  • 2024-04-10: Filing Date — Date the proxy statement was filed with the SEC.

Glossary

DEF 14A
Definitive Proxy Statement filed with the SEC. (Provides detailed information to shareholders for voting.)
Record Date
A specific date used to determine which shareholders are entitled to receive notice of and vote at a shareholders' meeting. (Ensures only eligible shareholders can participate in voting.)

Year-Over-Year Comparison

This is the initial filing for the 2024 Annual Meeting of Shareholders, detailing the upcoming meeting and proposals.

Filing Stats: 4,548 words · 18 min read · ~15 pages · Grade level 14.8 · Accepted 2024-04-10 16:30:16

Key Financial Figures

  • $40 billion — tive Investments, where he managed over $40 billion in private equity, real estate, structu

Filing Documents

Executive Compensation

Executive Compensation 19

Executive Compensation Tables and Other Information

Executive Compensation Tables and Other Information 22 Stock Ownership Information 23

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 23 Certain Relationships and Related Party Transactions 25 Information about the Annual Meeting of Stockholders 28 Additional Information 32 Star Holdings 2024 Proxy Statement | i Table of Contents Proposal 1 — Election of Trustees Star Holdings was formed to succeed to the legacy non-ground lease real estate assets of iStar Inc. ("iStar"). On March 31, 2023, iStar completed its transition to a ground lease focused business through the merger of iStar and Safehold Inc., a ground lease company previously founded by iStar (the "Merger"). iStar continued as the surviving corporation in the Merger and changed its name to "Safehold Inc." ("Safe"). Immediately prior to the closing of the Merger, iStar completed a series of reorganization and separation transactions (collectively, the "Spin-Off"). To effectuate the Spin-Off: (i) iStar contributed its remaining legacy non-ground lease assets, 13,522,651 shares of common stock of Safehold Inc. previously owned by iStar and certain other assets to us; and (ii) iStar distributed 100% of our common shares of beneficial interest to holders of common stock of iStar by way of a pro rata distribution of 0.153 common shares of the Company for each outstanding share of iStar common stock held on the record date of the distribution. Following the Spin-Off, we became an independent, publicly traded company. Our common shares commenced regular-way trading on the Nasdaq Global Market (the "Nasdaq") under the symbol "STHO" on March 31, 2023. We are externally managed by a wholly-owned subsidiary of Safe (the "manager"). We are an &quot;emerging growth company&quot; as defined in the Jumpstart Our Business Startups Act of 2020, and, as such, are allowed to provide more limited information in this proxy statement than an issuer that is not an emerging growth company. Our business strategy is to focus on realizing value for our shareholders primarily by m

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.