Form 4: Camden Property Trust Executive Sells 600 Shares
SEC Form 4 Filing
Laurie Baker, EVP and Chief Operating Officer of Camden Property Trust, sold 600 common shares at $120.35 each on November 14, 2024.
Summary
- Laurie Baker, the Executive Vice President and Chief Operating Officer of Camden Property Trust, sold 600 common shares of the company on November 14, 2024.
- The sale was executed at a price of $120.35 per share.
- Following the transaction, Ms. Baker directly owns 80,852 common shares, which includes 236 shares acquired through the company's Employee Share Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock sale by an executive. It does not indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for executives of publicly traded companies when they buy or sell shares. It provides transparency into insider transactions.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the US.
- The transaction is typical for executives managing their personal investment portfolios.
- The sale of 600 shares is not a significant amount compared to the total outstanding shares of Camden Property Trust.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2024-05-21 | Date of the Power of Attorney document, authorizing certain individuals to act on behalf of Laurie Baker for SEC filings. |
| 2024-11-14 | Date of the transaction where Laurie Baker sold 600 shares of Camden Property Trust. |
| 2024-11-18 | Date the Form 4 was signed by power of attorney. |
Keywords
Camden Property Trust, CPT, insider trading, executive sale, Form 4, Laurie Baker, share sale
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