Whitestone REIT

Reporting person: James C. Mastandrea(individual)

James C. Mastandrea seeks board slate at Whitestone REIT annual meeting

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested annual

What's being contested

Board seatsSale of company

IssuerWhitestone REIT

Issuer solicitor—

Reporting personJames C. Mastandrea (individual)

Dissident solicitorOkapi Partners LLC

Stake1,149,604 sh—

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Dissident slate (6)

Chad D. Champion
Dennis H. Chookaszian
Jerry L. Falwell, Jr.
John A. Good
Kathy M. Jassem
Stewart Morris, Jr.

Primary demands

board refreshment
asset sales to unlock value
improved shareholder accountability
strategic review of company operations

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

James C. Mastandrea, a former CEO and current large shareholder of Whitestone REIT owning approximately 1.1 million shares, is soliciting proxies to elect six independent trustee nominees to replace the current board. Mastandrea contends the company has suffered from share price underperformance, persistent valuation discounts, and ineffective board oversight despite possessing valuable real estate assets in high-growth markets. The nominees—Chad D. Champion, Dennis H. Chookaszian, Jerry L. Falwell Jr., John A. Good, Kathy M. Jassem, and Stewart Morris Jr.—are intended to unlock value through asset sales and improved governance.

Item id: 7093e568-3261-4186-8d5e-a8cdb492a525 · ingested Apr 24, 2026