---
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"
generated_at: "2026-05-12T12:20:51.154918+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties to liquidate; board approves plan, estimated distributions $29.73-$37.69 per share

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-26-000021
- JSON: https://secwatch.observer/filing/0000885508-26-000021.json
- Plain text: https://secwatch.observer/filing/0000885508-26-000021.txt

## Key facts
- Earnings Releases
  STRATUS PROPERTIES INC reported first-quarter 2026 results: revenue $3.8 million, net income $6.6 million, EPS $0.82 per diluted share.
  - Period: first-quarter 2026
  - Revenue: $3.8 million
  - Net income: $6.6 million
  - EPS: $0.82 per diluted share
  - Result: reported results
  source text: $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_url: https://www.sec.gov/Archives/edgar/data/885508/000088550826000021/0000885508-26-000021-index.htm

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