---
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"
generated_at: "2026-05-15T09:08:52.539455+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties board approves plan to dissolve, estimates $29.73-$37.69 per share distributions

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-26-000006
- JSON: https://secwatch.observer/filing/0000885508-26-000006.json
- Plain text: https://secwatch.observer/filing/0000885508-26-000006.txt

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