Stratus Properties (STRS) CFO logs RSU tax share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stratus Properties Senior VP & CFO Erin D. Pickens reported tax-withholding dispositions of company common stock tied to the vesting of restricted stock units. On February 13, 2026, 1,865 shares were withheld at $29.69 per share, leaving 63,858 shares directly owned.
On February 15, 2026, an additional 333 shares were withheld at $29.40 per share, resulting in direct beneficial ownership of 63,525 common shares, which includes 2,116 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PICKENS ERIN D
Role
Senior VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 333 | $29.40 | $10K |
| Tax Withholding | Common Stock | 1,865 | $29.69 | $55K |
Holdings After Transaction:
Common Stock — 63,525 shares (Direct)
Footnotes (1)
- Shares withheld to cover the taxes due upon the vesting of Common Stock Restricted Stock Units ("RSUs"). Amount beneficially owned following the reported transaction includes 2,116 RSUs.
FAQ
What did Stratus Properties (STRS) CFO Erin D. Pickens report on this Form 4?
Erin D. Pickens reported two tax-withholding dispositions of Stratus Properties common stock. Shares were withheld on February 13 and 15, 2026, to cover taxes due on vesting restricted stock units, rather than being bought or sold in open-market transactions.
What transaction code is used in the Stratus (STRS) Form 4 and what does it mean?
The Form 4 uses transaction code F for both entries. Code F represents the payment of exercise price or tax liability by delivering securities, here reflecting shares withheld to cover taxes upon vesting of restricted stock units, not an open-market sale.
Were derivative securities involved in this Stratus Properties (STRS) Form 4 filing?
The Form 4 includes a table for derivative securities, but no derivative transactions are listed. Only non-derivative common stock entries appear, both reflecting shares withheld to satisfy tax obligations on vesting restricted stock units granted to the executive.
Who signed the Stratus Properties (STRS) Form 4 on behalf of Erin D. Pickens?
The Form 4 was signed by Kelly C. Simoneaux on behalf of Erin D. Pickens. The signature was made pursuant to a power of attorney, authorizing Simoneaux to execute Section 16 ownership reports for Pickens in connection with her role at Stratus Properties.