Rhone Neville L. Jr. 4

What Happened
Rhone Neville L. Jr., a director of Stratus Properties, was granted 2,286 restricted stock units (RSUs) on 2026-06-01. The filing reports an acquisition at $0.00 (award), meaning these RSUs were issued as part of the company's director compensation program rather than a cash purchase.

Key Details

• Transaction date: 2026-06-01; transaction type: Award/Grant (code A).
• Shares granted: 2,286 RSUs; reported acquisition price: $0.00.
• Vesting: RSUs vest on the first anniversary of the grant date (per footnote).
• Beneficial ownership: The amount reported after the transaction includes the 2,286 RSUs.
• Filing timeliness: Reported on the same date (Period of Report 2026-06-01); no late filing indicated.

Context
RSUs are awards that convert into common shares if and when they vest; they are not the same as an immediate open-market purchase and are typically part of routine director compensation. This grant increases Neville’s potential future ownership if the RSUs vest, but it does not reflect an immediate cash investment or sale.