Form 4: Camden Property Trust Director Sells Shares Following Deferred Compensation Plan Distribution

Heather J. Brunner, a director at Camden Property Trust, sold a portion of her shares following a distribution from the company's executive deferred compensation plan.

Summary

• Heather J. Brunner, a director at Camden Property Trust, sold 1,853 common shares on January 6, 2025, at a price of $114.505 per share.
• She then sold an additional 264 common shares on January 8, 2025, at a price of $110.059 per share.
• These sales occurred after the distribution of shares from the company's executive deferred compensation plan, which became irrevocable after 2023.
• The sales were made pursuant to an irrevocable election made by Ms. Brunner in December 2024, in accordance with Section 409A of the Internal Revenue Code.
• Following these transactions, Ms. Brunner beneficially owns 10,273 common shares.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and is not indicative of any broader trend in the real estate industry or at Camden Property Trust.

Comparison to Industry Standards

• Executive stock sales following deferred compensation distributions are common across publicly traded companies.
• The sale prices are within the typical range for Camden Property Trust's stock during the period.

Stakeholder Impact

• The share sales have a minimal impact on shareholders as they are part of a pre-planned transaction.

Key Dates

Keywords

Camden Property Trust, Heather J. Brunner, Director, Share Sale, Deferred Compensation, SEC Form 4, Executive Compensation, Stock Transaction