Form 4: Camden Property Trust CEO Richard Campo Sells Shares
SEC Form 4 Filing
Richard Campo, Chairman and CEO of Camden Property Trust, sold a portion of his shares in two transactions on January 6th and January 8th, 2025.
Summary
- Richard Campo, the Chairman and CEO of Camden Property Trust, sold 7,324 common shares on January 6, 2025, at a price of $114.505 per share.
- He then sold an additional 1,043 common shares on January 8, 2025, at a price of $110.059 per share.
- These sales reduced his direct holdings to 299,092 shares.
- Mr. Campo also has indirect holdings of 7,446 shares through a family partnership and 3,929 shares through the Estate of Richard Campo, Sr., his father.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing detailing share sales by an executive, which is a neutral event. There is no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade their company's stock. It is not unusual for executives to sell shares for personal financial management.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- Executive share sales are a common occurrence across the real estate industry and other sectors, often for diversification or personal financial planning.
Stakeholder Impact
- The share sales may have a minor impact on the stock price, but it is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Richard Campo sold 7,324 common shares at $114.505 per share. |
| 01/08/2025 | Richard Campo sold 1,043 common shares at $110.059 per share. |
Keywords
Camden Property Trust, Richard Campo, share sale, executive compensation, insider trading, stock transaction
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