Dotter Laurie L. 4
Research Summary
AI-generated summary
Stratus Properties Director Laurie Dotter Receives 198-Share Award
What Happened
Laurie L. Dotter, a director of Stratus Properties Inc. (STRS), was granted 198 shares on April 1, 2026. The shares were issued at $30.52 each for a total value of approximately $6,043. This was an award/acquisition (not a sale) resulting from her election to receive stock instead of cash for part of her annual retainer.
Key Details
- Transaction date: 2026-04-01; transaction type: Award/Grant (code A)
- Shares acquired: 198 at $30.52 per share; total value ≈ $6,043
- Shares owned after transaction: filing notes the amount beneficially owned following the reported transaction includes 3,380 Restricted Stock Units (RSUs)
- Footnotes: F1 — shares issued pursuant to her election to receive stock in lieu of cash retainer; F2 — beneficial ownership includes 3,380 RSUs
- Filing timeliness: Reported for period 2026-04-01; no late filing indicated
Context
This appears to be routine director compensation (stock issued in lieu of cash) rather than a market-timing trade. Such awards are common and don’t necessarily signal the insider’s view on the company’s near-term stock performance.