JOSEPH JAMES 4

What Happened Joseph James, a director of Stratus Properties, sold 12,335 shares of STRS on May 18, 2026. The reported weighted-average sale price was $29.08 per share, for total gross proceeds of approximately $358,702. The filing reports these were disposals (sale), not purchases.

Key Details

• Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-19). Filing appears timely.
• Price: weighted average $29.08; actual trade prices ranged from $28.85 to $29.40 (sold in multiple transactions).
• Shares sold: 12,335; total proceeds about $358,702.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: the price is a weighted average (F1). The reporting person offered to provide the breakdown of shares sold at each price on request.
• Transaction code: S (sale). No 10b5-1 plan, option exercise, gift, or tax-withholding reported in this filing.

Context Sales by directors can be routine (liquidity needs, diversification, pre-set plans) and do not by themselves indicate company performance or inside information. Retail investors should view this as an insider sale record; purchases generally carry more weight as a potential bullish signal.