{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-23-000012","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2023-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.393172+00:00","generated_at":"2026-06-17T17:24:31.210427+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Stratus Properties reclassifies director Charles W. Porter and reduces board size to 7","bullets":["Charles W. Porter moved from Class III (term until 2025) to Class II (term until 2024) to fill vacancy from James C. Leslie's Nov 2022 retirement.","Board size reduced from 8 to 7 directors to rebalance classes as nearly equal as required by charter.","Current classes: Class I (Dotter, Joseph, Madden) expiring 2023; Class II (Porter, Rhone) expiring 2024; Class III (Armstrong, Henriksen) expiring 2025.","Porter remains designated director for LCHM Holdings under Investor Rights Agreement; no committee assignments."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-23-000012","json":"https://secwatch.observer/filing/0000885508-23-000012.json","markdown":"https://secwatch.observer/filing/0000885508-23-000012.md","text":"https://secwatch.observer/filing/0000885508-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000012/0000885508-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550823000012/strs-20230323.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T17:24:31.210427+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}