Form 4: Oasis Management Reports Sale of STRS Shares

Oasis Management entities and Seth Fischer reported the sale of 1,998 shares of Stratus Properties Inc. common stock at $21.0201 per share.

Summary

• Oasis Management Co Ltd., Oasis Investments II Master Fund Ltd., and Seth Fischer reported a transaction involving Stratus Properties Inc. (STRS) common stock.
• On September 18, 2025, 1,998 shares of common stock, par value $0.01 per share, were disposed of.
• The shares were sold at a price of $21.0201 per share.
• Following this transaction, the reporting persons beneficially own 1,134,878 shares of common stock.
• Oasis Investments II Master Fund Ltd. directly holds the securities.
• Oasis Management Company Ltd. serves as the investment manager for Oasis Investments II Master Fund Ltd.
• Seth Fischer is responsible for supervising all investment activities of Oasis Management Company Ltd., including decisions related to Oasis Investments II Master Fund Ltd.'s assets.
• The reporting persons are identified as 10% Owners of Stratus Properties Inc., and Seth Fischer is also a Director.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction (a small sale) and does not contain information that would significantly alter the sentiment towards the company.

Future Outlook

The filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• 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.

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The sale of 1,998 shares by a 10% owner/director is a relatively small transaction and is unlikely to have a significant impact on the broader shareholder base or the company's stock price.

Key Dates

Keywords

Stratus Properties, STRS, Oasis Management, Seth Fischer, SEC Form 4, Insider Transaction, Stock Sale, Beneficial Ownership