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Camden Property Trust exec vice chair retires

Camden Property Trust (CPT) reported that, effective August 31, 2026, D. Keith Oden retired from his role as Executive Vice Chairman of the Board of Trust Managers.

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Camden Property Trust (CPT) reported that, effective August 31, 2026, D. Keith Oden retired from his role as Executive Vice Chairman of the Board of Trust Managers. He will continue to serve as a member of the Board of Trust Managers.

In connection with the retirement, Camden Property Trust and its wholly owned subsidiary Camden Development, Inc. entered into a Separation and Release Agreement with Mr. Oden. His existing employment agreement was terminated, and he will receive payments representing the anticipated value of amounts he would have been eligible to receive in February 2027 had he remained employed through that date. These payments will be credited to a cash deferral account under the company’s Non-Qualified Deferred Compensation Plan and will be governed by that plan’s terms. The executed Separation and Release Agreement is filed as Exhibit 10.1.

Positive

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Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Material Definitive Agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement"
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Separation and Release Agreement regulatory
"entered into a Separation and Release Agreement (the “Separation Agreement”)"
Non-Qualified Deferred Compensation Plan financial
"under the Company’s Non-Qualified Deferred Compensation Plan, as amended and restated"
An arrangement where an employer agrees to pay part of an employee’s salary or bonus at a later date, often to attract or keep key staff. Think of it as a company IOU or a delayed paycheck held on the company’s books rather than in a protected retirement account; investors care because these promises create future cash obligations that are typically unsecured and depend on the company’s financial health, affecting risk, liabilities, and cash-flow planning.
cash deferral account financial
"payments will be credited to a cash deferral account established in Mr. Oden’s name"

FAQ

What executive change did CAMDEN PROPERTY TRUST (CPT) announce on August 31, 2026?
D. Keith Oden retired as Executive Vice Chairman of the Board of Trust Managers effective August 31, 2026. He will continue to serve as a member of the Board of Trust Managers of Camden Property Trust.

Will D. Keith Oden remain involved with CAMDEN PROPERTY TRUST (CPT) after his retirement?
Yes. Although he retired as Executive Vice Chairman, Mr. Oden will continue to serve as a member of the Board of Trust Managers of Camden Property Trust.

What agreement governs D. Keith Oden’s retirement from CAMDEN PROPERTY TRUST (CPT)?
His retirement is governed by a Separation and Release Agreement among Mr. Oden, Camden Property Trust, and Camden Development, Inc., which terminates his prior employment agreement and sets out his post-retirement payments.

How will D. Keith Oden’s retirement payments from CPT be handled?
The payments, representing the anticipated value of amounts he would have been eligible to receive in February 2027, will be credited to a cash deferral account under Camden Property Trust’s Non-Qualified Deferred Compensation Plan and are subject to that plan’s terms.

Where can investors find the detailed terms of D. Keith Oden’s Separation and Release Agreement with CPT?
The detailed terms are contained in Exhibit 10.1, titled “Separation and Release Agreement,” which is incorporated by reference as part of the current report.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 31, 2026

CAMDEN PROPERTY TRUST
(Exact name of Registrant as Specified in Charter)

Texas1-1211076-6088377
(State or Other Jurisdiction of
Incorporation)
(Commission File Number)

(I.R.S. Employer
Identification Number)

2800 Post Oak Boulevard, Suite 2700, Houston, Texas 77056
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (713) 354-2500

Not applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common shares of beneficial interest, par value $0.01 per shareCPTNew York Stock Exchange
NYSE Texas
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected to not use the extended transition period for complying with any new or revised financial accounting standards provided pursuant of Section 13(a) of the Exchange Act. ☐



Item 1.01 Entry into a Material Definitive Agreement

The information contained in Item 5.02 below is incorporated herein by reference.


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

As previously announced, effective as of August 31, 2026, D. Keith Oden retired as Executive Vice Chairman of the Board of Trust Managers of Camden Property Trust (the “Company”). Mr. Oden will continue to serve as a member of the Board of Trust Managers of the Company. In connection with Mr. Oden's retirement, the Company and Camden Development, Inc., a wholly-owned subsidiary of the Company, on one hand, and Mr. Oden, on the other hand, entered into a Separation and Release Agreement (the “Separation Agreement”) pursuant to which Mr. Oden’s current employment agreement with the Company was terminated and Mr. Oden will receive various payments representing the anticipated value of previously accrued for amounts he would have been eligible to receive in February 2027 had he remained employed through such date. Such payments will be credited to a cash deferral account established in Mr. Oden’s name under the Company’s Non-Qualified Deferred Compensation Plan, as amended and restated (the “DCP”). Once credited, the deferred compensation credit amount is subject to all applicable terms and conditions of the DCP.

A copy of the Separation Agreement is filed as Exhibit 10.1 to this Current Report, and the description of the terms of the Separation Agreement is qualified in its entirety by reference to such Exhibit, which is incorporated herein by reference.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number
Title
10.1
Separation and Release Agreement, executed on August 31, 2026, between D. Keith Oden, on one hand, and Camden Property Trust and Camden Development, Inc., on the other hand
104Cover Page Interactive Data File (formatted as Inline XBRL)













SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 31, 2026
CAMDEN PROPERTY TRUST
By: /s/ Kevin J. Necas, Jr.                
           Kevin J. Necas, Jr.
           Senior Vice President - Chief Accounting Officer





Source: View Original Filing on SEC EDGAR

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