Stratus Properties (STRS) director takes fee in stock award

Rhea-AI Filing Summary

Dotter Laurie L. reported acquisition or exercise transactions in this Form 4 filing.

Stratus Properties Inc director Laurie L. Dotter reported receiving a grant of 198 shares of common stock at $30.52 per share. The shares were issued under her prior election to take part of her annual retainer fee in stock instead of cash. After this award, she beneficially owns 19,007 common shares, including 3,380 common stock restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dotter Laurie L.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	198	$30.52	$6K

Holdings After Transaction: Common Stock — 19,007 shares (Direct)

Footnotes (1)

1. Represents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for a portion of her annual retainer fee. Amount beneficially owned following the reported transaction includes 3,380 Common Stock Restricted Stock Units.

Key Figures

Stock grant size: 198 shares Grant value per share: $30.52 per share Total shares after transaction: 19,007 shares +1 more

4 metrics

Stock grant size 198 shares Common stock award in lieu of cash retainer

Grant value per share $30.52 per share Reported value of common stock grant

Total shares after transaction 19,007 shares Beneficially owned following the award

Restricted stock units 3,380 RSUs Common Stock Restricted Stock Units included in ownership

Key Terms

Restricted Stock Units, annual retainer fee, beneficially owned, grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"includes 3,380 Common Stock Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

annual retainer fee financial

"in lieu of cash for a portion of her annual retainer fee"

beneficially owned financial

"Amount beneficially owned following the reported transaction includes"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Dotter Laurie L.

(Last) (First) (Middle)

3615 WEST LAWTHER DRIVE

(Street)

DALLAS TEXAS 75214

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A(1)		198	A	$30.52	19,007(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares acquired pursuant to the Reporting Person's previous election to receive shares of common stock in lieu of cash for a portion of her annual retainer fee.

2. Amount beneficially owned following the reported transaction includes 3,380 Common Stock Restricted Stock Units.

Remarks:

	Kelly Simoneaux on behalf of Laurie L. Dotter pursuant to a power of attorney	04/01/2026
	** Signature of Reporting Person	Date
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 Laurie L. Dotter report for STRS?

Laurie L. Dotter reported receiving 198 shares of Stratus Properties common stock as a grant. The shares were issued in lieu of cash for a portion of her annual director retainer fee, reflecting routine equity-based compensation rather than an open-market purchase or sale.

At what price was the Stratus Properties (STRS) stock grant valued?

The 198-share stock grant to Laurie L. Dotter was valued at $30.52 per share. This per-share value is used for reporting the compensation award and does not represent an open-market trade, but rather the accounting value of the equity compensation granted.

How many STRS shares does Laurie L. Dotter own after this Form 4 transaction?

Following the reported grant, Laurie L. Dotter beneficially owns 19,007 shares of Stratus Properties common stock. This total includes both directly held shares and 3,380 common stock restricted stock units, which are equity awards that may settle in shares upon vesting under applicable terms.

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

The transaction is not a market buy or sell; it is a grant acquisition. The 198 shares were issued as part of Laurie L. Dotter’s election to receive stock instead of cash for a portion of her annual director retainer, categorized as a compensation-related award.

What do the 3,380 restricted stock units mean in the STRS filing?

The 3,380 common stock restricted stock units are equity awards included in Laurie L. Dotter’s beneficial ownership total. These units typically represent the right to receive shares in the future upon vesting, aligning director compensation with shareholder interests through long-term stock-based incentives.