{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-26-000021","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2026-05-12T12:17:32+00:00","discovered_at":"2026-05-12T12:20:00.334864+00:00","generated_at":"2026-05-12T12:20:51.154918+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Stratus Properties to liquidate; board approves plan, estimated distributions $29.73-$37.69 per share","bullets":["Board unanimously approved complete liquidation and dissolution; stockholder vote at June 1, 2026 annual meeting.","Estimated liquidating distributions of $29.73 to $37.69 per share.","Q1 net income $6.6M ($0.82 diluted EPS) vs loss $(2.9M) ($(0.36)) in prior year.","Sold Kingwood Place for $60.8M; received $16.2M net; recorded $13.4M pre-tax gain.","Received $46.5M offer for Jones Crossing retail; contracts for New Caney land (~$12.7M) and Amarra Villas ($3.6M)."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-26-000021","json":"https://secwatch.observer/filing/0000885508-26-000021.json","markdown":"https://secwatch.observer/filing/0000885508-26-000021.md","text":"https://secwatch.observer/filing/0000885508-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550826000021/0000885508-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550826000021/strs-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T12:20:51.154918+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":[{"claim_id":"f95c8882469e38069316e5646f1e3186a0c98fbd","claim":"STRATUS PROPERTIES INC reported first-quarter 2026 results: revenue $3.8 million, net income $6.6 million, EPS $0.82 per diluted share.","evidence_excerpt":"$3.6 million, which is subject to satisfaction of closing conditions. In April 2026, Stratus sold one Amarra Villas home for $3.6 million. • Revenues for first-quarter 2026 were $3.8 million compared to revenues of $5.0 million for first-quarter 2025. The decrease was primarily due to decreased revenue from Lantana Place – Retail, which was sold in fourth-quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885508/000088550826000021/0000885508-26-000021-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first-quarter 2026"},{"label":"Revenue","value":"$3.8 million"},{"label":"Net income","value":"$6.6 million"},{"label":"EPS","value":"$0.82 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}