---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-22-000053"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:17:48.948161+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties repurchases 24,029 shares from retiring director, enters consulting agreement

## Summary
- James C. Leslie retired from the Board after 26 years, effective November 4, 2022; no disagreement cited.
- Stratus repurchased 24,029 shares for $732,884.50 under its share repurchase program.
- Two-year consulting agreement for strategy and operations advice; aggregate fee of $200,000.
- Transactions approved by Compensation, Audit Committees and Board.

## SEC filing metadata
- accession: 0000885508-22-000053
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550822000053/0000885508-22-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550822000053/strs-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-22-000053
- JSON: https://secwatch.observer/filing/0000885508-22-000053.json
- Plain text: https://secwatch.observer/filing/0000885508-22-000053.txt

## Key facts
- Executive change
  James C. Leslie retired as Director at STRATUS PROPERTIES INC.
  - Action: retired
  - Role: Director
  source text: After 26 years of service, Mr. Leslie, a Class II director with a term expiring at Stratus’ 2024 annual meeting of stockholders, retired from Stratus’ Board and from all Board committees on which he served, effective November 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/885508/000088550822000053/0000885508-22-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.