Form 4: Camden Property CFO Sells Shares in Pre-Planned Transaction

Camden Property Trust's President & CFO, Alexander J. Jessett, sold 5,627 common shares for $109.692 each, a pre-planned transaction from a deferred compensation plan.

Summary

• Alexander J. Jessett, President & CFO of Camden Property Trust (CPT), reported a sale of common shares.
• The transaction involved the disposition of 5,627 common shares.
• The shares were sold at a price of $109.692 per share.
• The transaction date was January 5, 2026.
• Following the transaction, Jessett beneficially owns 141,821 common shares directly.
• The shares were held in the issuer's executive deferred compensation plan.
• The distribution of these shares became irrevocable after 2024.
• The sale was executed pursuant to a further irrevocable election made by Jessett in December 2025, in accordance with Section 409A of the Internal Revenue Code, indicating a pre-planned transaction.

Sentiment

Score: 5

Explanation: The transaction is a pre-planned sale from a deferred compensation plan, indicating a routine liquidity event rather than a signal of management's confidence or lack thereof in the company's future prospects. This is a neutral event.

Industry Context

This filing reports a routine, pre-planned insider transaction by a senior executive, which is common across industries for managing deferred compensation and personal financial planning. It does not inherently reflect on broader industry trends or the company's operational performance.

Stakeholder Impact

• Shareholders: The sale of shares by a key executive, while pre-planned, slightly reduces insider ownership. However, the pre-planned nature mitigates concerns about management confidence.

Key Dates

Recommendation

The reported transaction is a pre-planned sale of shares from a deferred compensation plan by a senior executive. Such transactions, executed under Rule 10b5-1, are typically for personal financial management and do not reflect new information about the company's performance or outlook. Therefore, this filing alone does not provide a basis to change an existing investment recommendation for Camden Property Trust.

Keywords

Camden Property Trust, CPT, Insider Transaction, Form 4, Stock Sale, Executive Compensation, Deferred Compensation, Rule 10b5-1