Oasis Management Co Ltd. 4

What Happened Oasis Management Co Ltd., reported as a 10% owner of Stratus Properties, sold 720 shares on May 7, 2026 at $30.03 per share for proceeds of approximately $21,619. The transaction is reported on Form 4 as a sale (code S) and is described as an open-market or private sale.

Key Details

• Transaction date and price: 2026-05-07 at $30.03 per share; total ≈ $21,619.
• Filing date: Form 4 filed 2026-05-11 (transaction reported for the period ending 2026-05-07).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 notes the shares are held directly by Oasis Investments II Master Fund Ltd., for which Oasis Management Company Ltd. is the investment manager and Seth Fischer supervises investment decisions. F2 disclaims beneficial ownership except to the extent of any pecuniary interest.
• Timeliness: No late-filing indicator was provided in the material you supplied.

Context This filing reflects institutional selling by a reported 10% owner (via its managed fund), not an individual executive. Institutional disposals can be for portfolio rebalancing or fund flows and are generally less informative about management’s view of the company than insider purchases. The filing also clarifies that the securities are held by a Cayman Islands fund managed by Oasis and that the reporting persons disclaim beneficial ownership beyond any pecuniary interest.