PICKENS ERIN D bought STRS
February 15, 2024 · Form 4 insider transaction
PICKENS ERIN D bought 4,099 shares of Stratus Properties Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
Represents the grant of stock-settled Common Stock Restricted Stock Units ("RSUs") in payment of participation interests in a development project pursuant to the terms of the Issuer's Profit Participation Incentive Plan. The grant was approved by the Issuer's Compensation Committee on February 15, 2024. The RSUs vest in three equal installments on February 15, 2025 and on each of the next two anniversaries thereof, provided that the recipient satisfies the applicable service conditions. For additional information, see Note 8 to the Issuer's financial statements included in its Form 10-K for the year ended December 31, 2022.