Whitestone REIT

Reporting person: James C. Mastandrea(individual)

Mastandrea seeks 6 board seats at Whitestone REIT 2026 Annual Meeting

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested annual

What's being contested

Board seatsCompensationSale 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
accountability to shareholders
unlock trapped asset value
strategic review for asset sales
effective board oversight

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

James C. Mastandrea, a significant shareholder owning 1,149,604 common shares, has nominated six independent candidates to Whitestone REIT's board, citing prolonged share price underperformance, persistent valuation discount, and ineffective board oversight. Mastandrea, a former Chairman and CEO, believes meaningful board composition changes are necessary to establish accountability and unlock the company's trapped potential, including realizing full value from its real estate assets. The dissident slate consists of Chad D. Champion, Dennis H. Chookaszian, Jerry L. Falwell Jr., John A. Good, Kathy M. Jassem, and Stewart Morris Jr., who collectively possess deep real estate, capital-markets, and governance experience.

Item id: f5bb6056-afa8-4d43-b9d8-8e250fb544ef · ingested Apr 24, 2026