Form 4: Stratus Properties Director Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Laurie L. Dotter, a director of Stratus Properties Inc., acquired 292 shares of common stock on January 1, 2025, in lieu of a portion of her annual retainer fee.
Summary
- On January 1, 2025, Laurie L. Dotter, a director of Stratus Properties Inc., acquired 292 shares of common stock.
- The shares were acquired in lieu of a portion of her annual retainer fee at a price of $20.76 per share.
- Following the transaction, Ms. Dotter beneficially owns 14,231 shares of Stratus Properties Inc., including 3,070 Common Stock Restricted Stock Units.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a slightly positive signal.
Positives
- The director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.
Industry Context
Directors often receive compensation in the form of stock to align their interests with those of shareholders. This transaction reflects that common practice.
Related Party Transactions
- The acquisition of shares in lieu of cash compensation is a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: Laurie L. Dotter acquired 292 shares of common stock. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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