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Stratus Properties (NASDAQ: STRS) director receives 2,286 RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Porter Charles W. reported acquisition or exercise transactions in this Form 4 filing.

Stratus Properties director Charles W. Porter received an equity award of 2,286 shares of Common Stock in the form of Restricted Stock Units (RSUs). The RSUs were granted on the date of the company’s annual meeting under the approved director compensation program and will vest on the first anniversary of the grant date. Following this award, Porter beneficially owns 32,001 shares, including the 2,286 RSUs.

Positive

  • None.

Negative

  • None.
Insider Porter Charles W.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,286 $0.00 --
Holdings After Transaction: Common Stock — 32,001 shares (Direct, null)
Footnotes (1)
  1. Represents an annual award of Common Stock Restricted Stock Units ("RSUs"), which were granted on the date of the Issuer's annual meeting of stockholders in accordance with the Issuer's previously approved director compensation program. The RSUs vest on the first anniversary of the grant date. Amount beneficially owned following the reported transaction includes 2,286 RSUs.
RSU grant size 2,286 RSUs Annual director equity award granted on issuer’s annual meeting date
Beneficial ownership after grant 32,001 shares Common Stock beneficially owned after reported RSU award, includes 2,286 RSUs
Grant price per share $0.0000 per share Reported transaction price for RSU grant, compensation award not market purchase
RSU vesting period 1 year RSUs vest on the first anniversary of the grant date
Restricted Stock Units ("RSUs") financial
"Represents an annual award of Common Stock Restricted Stock Units ("RSUs"), which were granted on the date..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual meeting of stockholders financial
"were granted on the date of the Issuer's annual meeting of stockholders in accordance with the Issuer's..."
director compensation program financial
"granted on the date of the Issuer's annual meeting of stockholders in accordance with the Issuer's previously approved director compensation program."
vest on the first anniversary financial
"The RSUs vest on the first anniversary of the grant date."
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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*
Porter Charles W.

(Last)(First)(Middle)
212 LAVACA STREET
SUITE 300

(Street)
AUSTIN TEXAS 78701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
STRATUS PROPERTIES INC [ STRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 Stock06/01/2026A2,286(1)A$032,001(2)D
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
Explanation of Responses:
1. Represents an annual award of Common Stock Restricted Stock Units ("RSUs"), which were granted on the date of the Issuer's annual meeting of stockholders in accordance with the Issuer's previously approved director compensation program. The RSUs vest on the first anniversary of the grant date.
2. Amount beneficially owned following the reported transaction includes 2,286 RSUs.
Remarks:
Kelly Simoneaux on behalf of Charles W. Porter pursuant to a power of attorney06/01/2026
** 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 transaction did Charles W. Porter report for STRS?

Charles W. Porter reported receiving 2,286 Restricted Stock Units (RSUs) of Stratus Properties Common Stock as an annual equity award. The grant occurred on the date of the company’s annual shareholder meeting under its previously approved director compensation program and vests after one year.

How many STRS shares does Charles W. Porter hold after this Form 4?

After this award, Charles W. Porter beneficially owns 32,001 shares of Stratus Properties Common Stock. This total explicitly includes the 2,286 RSUs granted in the reported transaction, as noted in the footnotes accompanying the Form 4 insider filing.

What are the terms of the RSU grant reported by Charles W. Porter at STRS?

The reported grant consists of 2,286 Common Stock RSUs awarded as part of Stratus Properties’ director compensation program. According to the filing, these RSUs vest on the first anniversary of the grant date, which is the date of the issuer’s annual meeting of stockholders.

Was the STRS Form 4 transaction a market buy or sell of shares?

The Form 4 transaction was not a market buy or sell. It was a grant or award acquisition coded as “A,” meaning Porter received 2,286 RSUs at no stated cash price per share as compensation for board service rather than through open-market trading.

How is the RSU award to Charles W. Porter structured in STRS’s program?

The RSU award represents an annual equity grant under Stratus Properties’ previously approved director compensation program. It is delivered as 2,286 Common Stock RSUs on the annual meeting date, with full vesting scheduled on the first anniversary of that grant date, subject to standard conditions.