Stratus Properties (NASDAQ: STRS) director receives 2,286 RSU equity award
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
RSU grant size: 2,286 RSUs
Beneficial ownership after grant: 32,001 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
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
Key Terms
Restricted Stock Units ("RSUs"), annual meeting of stockholders, director compensation program, vest on the first anniversary
4 terms
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."
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.
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.
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.