Star Equity Fund Nominates Director and Seeks Removal of Two Board Members at GEE Group Inc.

Star Equity Fund, LP, along with its affiliates and manager Jeffrey E. Eberwein, filed a Schedule 13D/A reporting a 5.43% stake in GEE Group Inc. (JOB). The filing marks a significant escalation in activist activity, as the reporting group delivered a formal nomination letter to the issuer on June 1, 2026. The group has nominated Richard K. Coleman, Jr. for election to the Board of Directors at the 2026 Annual Meeting. Additionally, Star Equity Fund is proposing the removal of two incumbent directors, Peter Tanous and Thomas Vetrano, citing concerns over 'egregious' 2023 executive employment agreements and poor corporate governance. The filing highlights a 48% decline in revenue since FY 2022 and criticizes the Board's rejection of share repurchases. The reporting persons have entered into a Joint Filing and Solicitation Agreement to coordinate their efforts to seat their nominee and pass their proposal. No transactions in the shares were reported in the 60 days preceding this filing.