GEE Group Inc. (NYSE American: JOB) signed a cooperation agreement with activist investor Star Equity Fund on August 21, 2026. In exchange for Star withdrawing its plan to nominate a director candidate and submit a proposal at this year's annual meeting — and stopping all related solicitation activity — GEE Group agreed to declassify its board, moving to annual elections with one-year terms for all directors. Star also agreed to customary standstill terms: capping its stake at 7.5% of shares outstanding, generally voting in line with board recommendations, and mutual non-disparagement. The deal runs until roughly the lead-up to the 2027 annual meeting.
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