Form 4: Stratus Properties Director Kate Henriksen Receives Stock Grant
SEC Form 4
Director Kate Henriksen of Stratus Properties Inc. reports receiving a grant of 2,720 shares of common stock on May 9, 2024, increasing her total holdings to 9,035 shares.
Summary
- On May 9, 2024, Kate Henriksen, a director of Stratus Properties Inc., acquired 2,720 shares of common stock.
- This acquisition was in the form of a grant.
- Following this transaction, Henriksen's total beneficial ownership in Stratus Properties Inc. amounts to 9,035 shares, which includes 4,388 Common Stock Restricted Stock Units (RSUs).
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The grant of stock to a director is generally viewed as a positive sign, aligning interests with shareholders.
Positives
- The grant of stock to a director could align her interests more closely with those of the shareholders.
Industry Context
Stock grants to directors are a common practice to align their interests with those of the shareholders and incentivize them to work towards the company's long-term success.
Stakeholder Impact
- The stock grant could have a slightly positive impact on shareholders by aligning the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Kate Henriksen acquired 2,720 shares of common stock. |
| 05/13/2024 | Date of signature on the report. |
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