{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-26-000006","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.916627+00:00","generated_at":"2026-05-15T09:08:52.539455+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Stratus Properties board approves plan to dissolve, estimates $29.73-$37.69 per share distributions","bullets":["Board unanimously approved complete liquidation and dissolution after strategic review initiated March 11, 2026.","Estimated total stockholder distributions of $29.73 to $37.69 per share from asset sales.","Plan subject to stockholder approval; proxy statement to be filed with SEC.","Board expects to reduce overhead costs and may voluntarily delist from Nasdaq.","Company reports 20-year record of profitable asset sales: 39% average pre-tax gain on $1.3B total sales."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-26-000006","json":"https://secwatch.observer/filing/0000885508-26-000006.json","markdown":"https://secwatch.observer/filing/0000885508-26-000006.md","text":"https://secwatch.observer/filing/0000885508-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550826000006/0000885508-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550826000006/strs-20260324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:08:52.539455+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"}