Form 4: Camden Property Trust Director Sells Shares

Camden Property Trust Director Javier Benito sold 101 common shares for $109.692 each, reducing his direct beneficial ownership to 7,872 shares.

Summary

• Javier Benito, a Director of Camden Property Trust (CPT), disposed of 101 common shares.
• The transaction occurred on January 5, 2026, with a sale price of $109.692 per share.
• The shares were held in the issuer's executive deferred compensation plan for Mr. Benito's benefit.
• The distribution of these shares became irrevocable after 2024, and the sale was pursuant to a further irrevocable election made in December 2025, in accordance with Section 409A of the Internal Revenue Code.
• Following this transaction, Mr. Benito directly beneficially owns 7,872 common shares.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-scheduled sale.

Sentiment

Score: 5

Explanation: The transaction is a pre-planned sale under a Rule 10b5-1 plan, originating from a deferred compensation plan. This context mitigates any negative signaling typically associated with insider sales, rendering the sentiment neutral.

Negatives

• A director selling shares, even if pre-planned, can sometimes be perceived as a neutral to slightly negative signal by some investors, though the context of a deferred compensation plan and 10b5-1 plan mitigates this.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is specific to Camden Property Trust and does not provide broader industry trends or competitive insights.

Related Party Transactions

• Director Javier Benito sold 101 common shares of Camden Property Trust, an insider transaction.

Stakeholder Impact

• Shareholders: The sale of a relatively small number of shares by a director, even if pre-planned, may be noted by shareholders but is unlikely to have a significant impact on the company's valuation or investor sentiment.

Key Dates

Keywords

Camden Property Trust, CPT, Javier Benito, Insider Sale, Form 4, Director Transaction, Deferred Compensation, Rule 10b5-1