Oasis fund trims Stratus Properties (STRS) stake with 40031-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oasis Investments II Master Fund Ltd., advised by Oasis Management Company Ltd., reported open-market sales of Stratus Properties common stock. Over April 15–16, 2026, the fund sold a total of 40031 shares at prices around $30 per share. Following these transactions, the filing shows 1076064 shares of Stratus Properties common stock held indirectly. The reporting persons state they disclaim beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,031 shares ($1,206,162)
Net Sell
6 txns
Insider
Oasis Management Co Ltd., Oasis Investments II Master Fund Ltd., Fischer Seth
Role
10% Owner | 10% Owner | 10% Owner
Sold
40,031 shs ($1.21M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 10,000 | $30.2211 | $302K |
| Sale | Common Stock, par value $0.01 per share | 10,000 | $30.023 | $300K |
| Sale | Common Stock, par value $0.01 per share | 5,600 | $29.9499 | $168K |
| Sale | Common Stock, par value $0.01 per share | 4,188 | $30.0004 | $126K |
| Sale | Common Stock, par value $0.01 per share | 10,000 | $30.29 | $303K |
| Sale | Common Stock, par value $0.01 per share | 243 | $30.6987 | $7K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 1,095,852 shares (Indirect, See footnotes)
Footnotes (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.
Key Figures
Total shares sold: 40031 shares
Shares held after transactions: 1076064 shares
Highest reported sale price: $30.6987 per share
+2 more
5 metrics
Total shares sold
40031 shares
Aggregate open-market sales on April 15–16, 2026
Shares held after transactions
1076064 shares
Indirect holdings following last reported sale on April 16, 2026
Highest reported sale price
$30.6987 per share
Open-market sale on April 15, 2026
Lowest reported sale price
$29.9499 per share
Open-market sale on April 16, 2026
Largest single block sold
10000 shares
Multiple 10000-share sales on April 15–16, 2026
Key Terms
beneficial owner, pecuniary interest, Section 16, investment manager
4 terms
beneficial owner financial
"shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities"
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 therein"
Section 16 regulatory
"beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
investment manager financial
"Oasis Management Company Ltd., a Cayman Islands exempted company (the "Investment Manager"), is the investment manager of Oasis II Fund"
FAQ
What insider activity did STRATUS PROPERTIES INC (STRS) report in this Form 4?
The Form 4 reports that Oasis Investments II Master Fund Ltd. executed open-market sales of Stratus Properties common stock. Across April 15–16, 2026, the fund sold 40031 shares at prices near $30 per share, reducing but not eliminating its indirect position.
Who is responsible for investment decisions for the Oasis fund in STRATUS PROPERTIES INC (STRS)?
According to the filing, Oasis Management Company Ltd. is the investment manager of Oasis Investments II Master Fund Ltd. Seth Fischer is responsible for supervising and conducting all investment activities of the investment manager, including decisions regarding the fund’s Stratus Properties holdings.
Do the reporting persons claim full beneficial ownership of the STRATUS PROPERTIES INC (STRS) shares?
The reporting persons expressly disclaim beneficial ownership of the reported Stratus Properties securities except to the extent of their pecuniary interest. The filing states that it should not be deemed an admission that any reporting person is the beneficial owner for Section 16 purposes.