William H. Armstrong III - 13 Feb 2025 Form 4 Insider Report for STRATUS PROPERTIES INC (STRS)

Role: Chair of Board, President, CEO, Director
Signature: Kelly C. Simoneaux, on behalf of William H. Armstrong III pursuant to a power of attorney
Issuer symbol: STRS
Transactions as of: 13 Feb 2025
Net transactions value: -$139,638
Form type: 4
Filing time: 18 Feb 2025, 16:14:18 UTC
Previous filing: 18 Mar 2024
Next filing: 18 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRS	Common Stock	Award	$0	+17,258	+2.7%	$0.000000	668,072	13 Feb 2025	Direct	F1
transaction	STRS	Common Stock	Tax liability	$73,391	-3,688	-0.55%	$19.90	664,384	15 Feb 2025	Direct	F2
transaction	STRS	Common Stock	Tax liability	$66,247	-3,329	-0.5%	$19.90	661,055	17 Feb 2025	Direct	F2, F3
holding	STRS	Common Stock						3,250	13 Feb 2025	IRA for Self

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of Common Stock Restricted Stock Units ("RSUs") in partial payment of the Reporting Person's 2024 annual bonus under the Issuer's Executive Annual Incentive Plan. The RSUs will vest in one installment on February 13, 2026, the first anniversary of the date of grant, provided the recipient satisfies the applicable service conditions.
F2	Shares withheld to cover the taxes due upon the vesting of RSUs.
F3	Amount beneficially owned following the reported transaction includes 37,876 RSUs.