STOCK TITAN

Oasis entities tied to STRS (STRS) report sale of 12,548 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Oasis Investments II Master Fund Ltd., an entity associated with major shareholder Oasis Management, reported open-market sales of Stratus Properties common stock. On April 7 and 8, 2026, the fund sold a total of 12,548 shares at prices around $30 per share. Following these sales, the reporting group indirectly held 1,116,095 shares. The reporting persons expressly disclaim beneficial ownership of these securities except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Oasis Management Co Ltd., Oasis Investments II Master Fund Ltd., Fischer Seth
Role 10% Owner | 10% Owner | 10% Owner
Sold 12,548 shs ($378K)
Type Security Shares Price Value
Sale Common Stock, par value $0.01 per share 3,148 $30.0813 $95K
Sale Common Stock, par value $0.01 per share 9,400 $30.1724 $284K
Holdings After Transaction: Common Stock, par value $0.01 per share — 1,116,095 shares (Indirect, See footnotes)
Footnotes (1)
  1. The securities to which this filing relates are held directly by Oasis Investments II Master Fund Ltd., a Cayman Islands exempted company (the "Oasis II Fund"). Oasis Management Company Ltd., a Cayman Islands exempted company (the "Investment Manager"), is the investment manager of Oasis II Fund. Seth Fischer is responsible for the supervision and conduct of all investment activities of the Investment Manager, including all investment decisions with respect to the assets of the Oasis II Fund. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.
Shares sold April 7, 2026 9,400 shares at $30.1724 Open-market sale of common stock
Shares sold April 8, 2026 3,148 shares at $30.0813 Open-market sale of common stock
Total shares sold 12,548 shares Net insider sales across two days
Shares held after transactions 1,116,095 shares Indirect holdings following April 8, 2026 sale
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: See footnotes"
beneficial owner regulatory
"shall not be deemed an admission that any of the Reporting Persons is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Oasis Management Co Ltd.

(Last)(First)(Middle)
4TH FLOOR ANDERSON SQUARE
64 SHEDDEN ROAD, P.O. BOX 10324

(Street)
GRAND CAYMANKY1-1103

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)
2. Issuer Name and Ticker or Trading Symbol
STRATUS PROPERTIES INC [ STRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share04/07/2026S9,400D$30.17241,119,243ISee footnotes(1)(2)
Common Stock, par value $0.01 per share04/08/2026S3,148D$30.08131,116,095ISee footnotes(1)(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Oasis Management Co Ltd.

(Last)(First)(Middle)
4TH FLOOR ANDERSON SQUARE
64 SHEDDEN ROAD, P.O. BOX 10324

(Street)
GRAND CAYMANKY1-1103

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Oasis Investments II Master Fund Ltd.

(Last)(First)(Middle)
PO BOX 309, UGLAND HOUSE

(Street)
GRAND CAYMANKY1-1103

(City)(State)(Zip)

CAYMAN ISLANDS

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Fischer Seth

(Last)(First)(Middle)
C/O OASIS MANAGEMENT (HONG KONG)
25/F, LHT TOWER, 31 QUEEN'S ROAD CENTRAL

(Street)
CENTRAL0

(City)(State)(Zip)

HONG KONG

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The securities to which this filing relates are held directly by Oasis Investments II Master Fund Ltd., a Cayman Islands exempted company (the "Oasis II Fund"). Oasis Management Company Ltd., a Cayman Islands exempted company (the "Investment Manager"), is the investment manager of Oasis II Fund. Seth Fischer is responsible for the supervision and conduct of all investment activities of the Investment Manager, including all investment decisions with respect to the assets of the Oasis II Fund.
2. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.
/s/ Oasis Management Company Ltd., By: Phillip Meyer, its General Counsel04/09/2026
/s/ Oasis Investments II Master Fund Ltd., By: Phillip Meyer, its Director04/09/2026
/s/ Seth Fischer04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Oasis entities report in STRS?

Oasis Investments II Master Fund Ltd. reported open-market sales of 12,548 Stratus Properties shares. The trades occurred on April 7 and 8, 2026 at prices near $30 per share, and were reported as indirect holdings through Oasis-related entities.

At what prices were the recent STRS insider share sales executed?

The reported STRS insider sales were executed around $30 per share. One trade of 9,400 shares priced at $30.1724 and another of 3,148 shares priced at $30.0813 reflect open-market activity by Oasis Investments II Master Fund Ltd.

How many STRS shares do the Oasis reporting persons hold after these sales?

After the reported transactions, the Oasis reporting group indirectly held 1,116,095 Stratus Properties shares. This figure reflects holdings following the April 8, 2026 sale of 3,148 shares and the April 7, 2026 sale of 9,400 shares disclosed in the Form 4.

Who actually holds the STRS shares in the Oasis filings?

The STRS shares are held directly by Oasis Investments II Master Fund Ltd., a Cayman Islands exempted company. Oasis Management Company Ltd. acts as investment manager, and Seth Fischer oversees its investment activities, while all reporting persons disclaim beneficial ownership beyond any pecuniary interest.

Are the STRS insider sales attributed personally to Seth Fischer?

The sales are attributed to entities associated with Seth Fischer, not to him personally. The filing explains that Oasis Investments II Master Fund Ltd. holds the STRS shares, and all reporting persons, including Fischer, expressly disclaim beneficial ownership except for any pecuniary interest they may have.