secwatch.observer — SEC 8-K summary
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Issuer:     STRATUS PROPERTIES INC (STRS)
CIK:        0000885508
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0000885508-26-000006
Event type: other_material
Sentiment:  positive
Materiality: 1.00
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000006/0000885508-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000006/strs-20260324.htm
  HTML page:      https://secwatch.observer/filing/0000885508-26-000006

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