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Camden Property Trust 8-K Filings

CPT NYSE

Every 8-K that Camden Property Trust (CPT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CPT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CPT filings page.

Rhea-AI 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.

Rhea-AI Summary

Camden Property Trust reports that D. Keith Oden has notified the company he will retire from his role 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 after stepping down from the executive vice chair position.

Rhea-AI Summary

Camden Property Trust reported second‑quarter 2026 diluted EPS of $0.18 versus $0.74 a year earlier. FFO per diluted share was $1.68 versus $1.67 and Core FFO per share was $1.68 versus $1.70, with all three measures coming in above the 2Q26 guidance midpoints.

Property revenues were $392.9 million versus $396.5 million in 2025. Same‑property results excluding California showed revenues down 0.1%, expenses up 2.4%, and NOI down 1.4% year over year, with occupancy of 95.7%. Core AFFO per diluted share was $1.39 versus $1.43, and the dividend was $1.06 per share.

Camden sold its California portfolio of 11 communities (3,620 apartment homes) for approximately $1.625 billion, with about $0.9 billion of proceeds to retire balances under its unsecured revolving credit facility and commercial paper program. The company acquired five communities during the quarter plus two more shortly after, along with two land parcels, for a combined $690.4 million.

The company repurchased 1,429,136 shares in the quarter for $144.1 million and 4,062,166 shares year to date for $422.9 million, leaving $297.9 million under its authorization. Liquidity at June 30, 2026 was $287.4 million, and net debt to annualized Adjusted EBITDAre was 5.3x. Camden agreed to fund a $53.0 million class‑action settlement related to revenue management software, with these costs excluded from 2026 Core FFO and Core AFFO. Full‑year 2026 guidance calls for EPS of $9.76–$10.10 and Core FFO per share of $6.68–$6.82.

Rhea-AI Summary

Camden Property Trust announced a planned leadership transition in its accounting function. Senior Vice President and Chief Accounting Officer Michael P. Gallagher, the company’s principal accounting officer, will retire effective July 2, 2026. The board appointed Kevin J. Necas, Jr. as Senior Vice President – Chief Accounting Officer and designated him as principal accounting officer, also effective July 2, 2026.

Necas, age 42, joined Camden in 2023 as Director of Accounting and became Vice President–Accounting in 2024, after prior roles at CenterPoint Energy and Phillips 66. The company states there are no special arrangements, family relationships, or related-party transactions requiring disclosure in connection with his appointment.

Rhea-AI Summary

Camden Property Trust reported the results of its annual shareholder meeting. As of the record date, 104,726,511 common shares were outstanding, of which 95,836,749 were voted in person or by proxy. Shares held in deferred benefit plans totaling 2,003,396 were not entitled to vote.

Shareholders elected eleven Trust Managers, each receiving significantly more affirmative than negative votes, and there were 3,805,174 broker non-votes for these elections. On an advisory basis, shareholders approved the Company’s executive compensation and ratified Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2026.

Shareholders also approved the Amended and Restated 2018 Share Incentive Plan and the Amended and Restated 2018 Employee Share Purchase Plan, each receiving strong support and the requisite number of votes for approval.

Rhea-AI Summary

Camden Property Trust reported first-quarter 2026 results showing stable core performance but heavier non-core items and balance sheet activity. Net income attributable to common shareholders was $42.4 million, or $0.40 per diluted share, up from $0.36 a year ago, helped by a $67.9 million gain on the sale of a Texas community.

FFO fell to $1.15 per diluted share from $1.70, while Core FFO eased slightly to $1.70 from $1.72 and came in modestly above the $1.66 guidance midpoint. Same-property NOI declined 0.7% year over year with occupancy at 95.1%.

The company issued $600 million of senior unsecured notes due 2036 and ended the quarter with $4.25 billion of total debt and net debt to annualized adjusted EBITDAre of 4.7x. Camden repurchased 2.63 million shares for $278.8 million during the quarter and a further 1.43 million shares for $144.1 million after quarter end, leaving $297.8 million under its buyback program.

Liquidity was $881.9 million as of March 31, 2026. The company entered into a binding term sheet to settle a class action related to revenue management software, agreeing to pay $53.0 million, which was recorded in other non-operating expenses and excluded from 2026 Core FFO and Core AFFO. For 2026, Camden now targets EPS of $0.51–$0.81, FFO of $5.95–$6.25 per share (midpoint reduced to $6.10), and maintains Core FFO guidance at $6.60–$6.90 per share.

Rhea-AI Summary

Camden Property Trust renewed its equity financing flexibility by replacing its existing at-the-market sales program with new agreements allowing offers and sales of up to $500,000,000 of common shares. The program includes both direct share issuance and forward sale structures with several major banks acting as sales agents and forward counterparties.

Camden may sell newly issued shares through these managers or enter forward sale agreements where banks borrow and sell shares now, with Camden settling later in cash or stock. Camden plans to use any net proceeds for general corporate purposes, including potential repayment of borrowings under its $1.2 billion unsecured revolving credit facility and other debt or equity repurchases.

Rhea-AI Summary

Camden Property Trust has agreed to a binding term sheet to settle the RealPage rental software antitrust class action litigation for an aggregate $53 million, subject to court approval. The amount will fund class member recoveries, plaintiffs’ legal fees and settlement administration costs.

The company will pay the settlement in two equal installments of $26.5 million, after execution of a long-form agreement expected on or before May 7, 2026. Camden plans to record settlement payments as Other Non-Operating Expenses and exclude them from 2026 Core FFO and Core AFFO, and it does not expect a material impact on liquidity, leverage, debt covenants or its dividend policy.

Rhea-AI Summary

Camden Property Trust announced a major leadership reorganization effective March 24, 2026. Richard J. Campo moved to Executive Chairman, Alexander J. Jessett became Chief Executive Officer, Laurie A. Baker became President and Chief Operating Officer, and Benjamin D. Fraker became Executive Vice President–Chief Financial Officer. Jessett also joined the Board of Trust Managers.

The company entered into new employment agreements with Jessett, Baker and Fraker, and a letter agreement with Campo. These agreements provide cash severance of two times Gross Income for certain terminations without cause, rising to 2.99 times Gross Income if such a termination or a resignation for Good Reason occurs in connection with a Change in Control, along with COBRA premium reimbursements and accelerated vesting of time-based equity awards. Severance is conditioned on a release of claims and compliance with restrictive covenants.

Camden also adopted a Second Amendment to its Sixth Amended and Restated Bylaws tied to these executive changes and filed it as an exhibit, along with the employment and letter agreements and a related press release.

Rhea-AI Summary

Camden Property Trust entered into a Fifth Amended and Restated Credit Agreement on March 17, 2026, replacing its prior credit facility. The amendment removes a $300 million unsecured delayed-draw term loan and extends the revolving credit facility maturity from August 2026 to March 2030, with two optional six‑month extensions.

Borrowings will bear interest at SOFR plus a ratings-based spread or a base rate tied to Federal Funds, prime, or Term SOFR, subject to a 1.0% floor. A subsidiary guarantees the obligations. The company plans to use the facility for general corporate purposes, including debt repayment, development, and acquisitions.

Rhea-AI Summary

Camden Property Trust completed a debt financing by issuing $600,000,000 aggregate principal amount of 4.900% notes due February 28, 2036. The notes were sold under an existing shelf registration and priced at 99.936% of face value.

The notes bear interest at 4.900% from February 19, 2026, payable each February 28 and August 28, starting August 28, 2026, and are redeemable at the company’s option, with a make-whole premium except in the final three months before maturity. Net proceeds of approximately $594.0 million are earmarked to repay portions of the $1.2 billion unsecured revolving credit facility and the $600 million commercial paper program, and for general corporate purposes including acquisitions, development, capital expenditures and working capital.

Rhea-AI Summary

Camden Property Trust reported solid fourth quarter and full-year 2025 results with modest underlying growth and active capital allocation. Q4 diluted EPS rose to $1.44 from $0.37, including about $0.12 per share of land impairment charges and a sizable gain on property sales. Per share FFO increased to $1.73 from $1.68 and Core FFO to $1.76 from $1.73, while Core AFFO held flat at $1.46. Same-property NOI was essentially unchanged year over year, with revenue up 0.5%, expenses up 1.5%, and occupancy at 95.2%.

The company acquired a 322-home Orlando community for about $85.2 million and sold three communities totaling 979 homes for about $201.0 million, recognizing an approximately $128.0 million gain. Camden repurchased 2.1 million shares in the quarter for $220.6 million and 2.5 million shares year-to-date for $270.6 million, then bought an additional 1.1 million shares after quarter end and authorized a new $600.0 million repurchase program. Liquidity at December 31, 2025 was about $635.2 million, with $213.8 million remaining to fund its development pipeline.

For 2026, guidance calls for diluted EPS of $0.40–$0.70, FFO of $6.46–$6.76 per share, and Core FFO of $6.60–$6.90 per share, with same-property NOI growth guided between (2.50)% and 1.50% at the midpoint of (0.50)%. The Board declared a first quarter 2026 dividend of $1.06 per share.

Rhea-AI Summary

Camden Property Trust (CPT) furnished an 8-K announcing its consolidated financial results for the three and nine months ended September 30, 2025. The company issued a press release and made supplemental financial information available, furnished as Exhibits 99.1 and 99.2. These materials accompany the Item 2.02 update on results of operations and financial condition.