Oasis Management Co Ltd. 4

What Happened
Oasis Management Co Ltd., reported as a 10% owner, sold 10,000 shares of Stratus Properties, Inc. (STRS) in an open-market/private sale on 2026-05-26. The shares were disposed at $29.05 per share for a total transaction value of approximately $290,502. This was a sale (liquidity event), which is often routine for institutional holders and does not by itself indicate company-specific sentiment.

Key Details

• Transaction date and price: 2026-05-26 — 10,000 shares sold at $29.05 per share (total ≈ $290,502).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes:
  • F1: The reported securities are held directly by Oasis Investments II Master Fund Ltd.; Oasis Management Company Ltd. is the investment manager and Seth Fischer supervises investment decisions for the manager.
  • F2: The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Report filed 2026-05-27 for a 2026-05-26 transaction — appears timely (no late filing indicated).

Context
This filing reflects institutional selling by a 10% owner (via its managed fund), not an individual executive. Institutional sales can be for many reasons (portfolio rebalancing, redemptions, etc.); the filing provides transaction facts but does not state motivation. There were no option exercises, awards, or gifts reported in this transaction.