Stratus Properties Inc. Files 8-K on Shareholder Vote Matters

TL;DR

STRATUS PROPERTIES INC (STRS) filed an 8-K for shareholder vote matters on May 9th.

AI Summary

Stratus Properties Inc. filed an 8-K on May 10, 2024, reporting on a submission of matters to a vote of security holders that occurred on May 9, 2024. The company, incorporated in Delaware with its principal executive offices in Austin, Texas, is a land subdivider and developer.

Why It Matters

This filing indicates that Stratus Properties Inc. is engaging in corporate governance activities requiring shareholder approval, which could impact the company's strategic direction or operational decisions.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure regarding a shareholder vote, not indicating any immediate financial distress or significant operational change.

Key Numbers

• 001-37716 — SEC File Number (Identifies the company's filing with the SEC.)
• 72-1211572 — I.R.S. Employer Identification Number (Company's tax identification number.)

Key Players & Entities

• STRATUS PROPERTIES INC (company) — Registrant
• May 9, 2024 (date) — Date of earliest event reported
• May 10, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• Austin, Texas (location) — Address of Principal Executive Offices
• 0000885508-24-000035 (filing_id) — Accession Number

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share STRS The NASDAQ Stock Market

Filing Documents

• strs-20240509.htm (8-K) — 38KB
• strs-20240509_g1.jpg (GRAPHIC) — 14KB
• 0000885508-24-000035.txt ( ) — 210KB
• strs-20240509.xsd (EX-101.SCH) — 2KB
• strs-20240509_def.xml (EX-101.DEF) — 6KB
• strs-20240509_lab.xml (EX-101.LAB) — 25KB
• strs-20240509_pre.xml (EX-101.PRE) — 16KB
• strs-20240509_htm.xml (XML) — 3KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders . Stratus Properties Inc. (Stratus) held its 2024 annual meeting of stockholders (Annual Meeting) on May 9, 2024, in Austin, Texas. At the Annual Meeting, Stratus' stockholders (1) elected Charles W. Porter and Neville L. Rhone, Jr. to serve as Class II directors of Stratus, each for a three-year term and until his successor is elected and qualified ; (2) approved, on an advisory basis, the compensation of Stratus' named executive officers; and (3) ratified, on an advisory basis, the appointment of CohnReznick LLP as Stratus' independent registered public accounting firm for 2024. Of the 8,065,322 shares of Stratus' common stock outstanding as of the record date, 6,307,665 shares were represented in person or by proxy at the Annual Meeting. The inspector of elections reported the final vote of stockholders as follows: Proposal No. 1: Election of two Class II directors. Name Votes For Votes Withheld Broker Non-Votes Charles W. Porter 3,940,866 171,403 2,195,396 Neville L. Rhone, Jr. 3,789,145 323,124 2,195,396 Proposal No. 2: Approval, on an advisory basis, of the compensation of Stratus' named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 3,920,475 175,967 15,827 2,195,396 Proposal No. 3: Ratification, on an advisory basis, of the appointment of CohnReznick LLP as Stratus' independent registered public accounting firm for 2024. Votes For Votes Against Abstentions Broker Non-Votes 6,301,374 1,038 5,253 N/A SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Stratus Properties Inc. By: /s/ Erin D. Pickens Erin D. Pickens Senior Vice President and Chief Financial Officer (authorized signatory and Principal Financial Officer and Principal Accounting Officer) Date: May 10, 2024

View Full Filing

View this 8-K filing on SEC EDGAR