4/A: Stratus Properties Inc. Executive Erin D. Pickens Amends Filing to Correct Share Withholding and Ownership
SEC Filing Amendment
Erin D. Pickens, Senior VP & CFO of Stratus Properties Inc., amended a previous SEC Form 4 filing to correct the number of shares withheld for taxes and the total amount beneficially owned after a transaction involving Restricted Stock Units.
Summary
- This is an amendment to a Form 4 filing by Erin D. Pickens, Senior VP & CFO of Stratus Properties Inc.
- The amendment corrects the number of shares withheld to cover taxes upon the vesting of Restricted Stock Units (RSUs) on February 17, 2025.
- It also corrects the total amount of shares beneficially owned as reported in the original Form 4 filed on February 18, 2025.
- On February 17, 2025, 901 shares of common stock were disposed of to cover taxes at a price of $19.9 per share.
- Following the transaction, Pickens beneficially owns 66,089 shares, which includes 11,673 RSUs.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of the transaction involving the vesting of Restricted Stock Units and withholding of shares for taxes. |
| 02/18/2025 | Date of the original Form 4 filing that is being amended. |
Keywords
Form 4, Amendment, Beneficial Ownership, Stratus Properties Inc, Erin D. Pickens, RSUs, Shares, Transaction, SEC Filing
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