Camden Property Trust (CPT) COO logs 1,162-share option exercise, 96,636 held

Rhea-AI Filing Summary

Camden Property Trust's Executive Vice President and Chief Operating Officer reported several equity transactions. On 01/05/2026, the officer exercised an option to repurchase and acquired 1,162 common shares at $10.513 per share, then reported multiple open-market sales. These included sales of 147 shares at $109.692, 384 shares at $109.821 on 01/05/2026, and 150 shares at $110.206 on 01/06/2026.

After these transactions, the officer beneficially owned 96,636 common shares directly, which includes 209 shares acquired through the issuer's employee share purchase plan. The filing also notes outstanding options to repurchase common shares at an exercise price of $10.513, originally granted between 2004 and 2005 and vesting over multiple annual installments.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Baker Laurie

(Last) (First) (Middle)

2800 POST OAK BOULEVARD

SUITE 2700

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CAMDEN PROPERTY TRUST [ CPT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	01/05/2026		M		1,162	A	$10.513	97,317(1)	D
Common Shares	01/05/2026		S		147(2)	D	$109.692	97,170	D
Common Shares	01/05/2026		S		384(2)	D	$109.821	96,786	D
Common Shares	01/06/2026		S		150(2)	D	$110.206	96,636	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Repurchase	$10.513	01/05/2026		M			1,162	(3)	(3)	Common Shares	1,162	$10.513	15,916	D

Explanation of Responses:

1. Includes 209 shares acquired through the issuer's Employee Share Purchase Plan.

2. The reporting person's shares were held in the issuer's executive deferred compensation plan for the benefit of the reporting person. The distribution of these shares from the plan to the reporting person became irrevocable after 2024 and the shares were sold pursuant to a further irrevocable election made by the reporting person in December 2025 in accordance with Section 409A of the Internal Revenue Code.

3. Options to Repurchase vest in four or five annual installments and expire thirty years from date of grant. These Options to Repurchase were granted between 2004 and 2005.

	/s/:Laurie Baker, Executive Vice President-Chief Operating Officer, by power of attorney.	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Camden Property Trust (CPT) report in this Form 4?

The filing reports that the Executive Vice President and Chief Operating Officer of Camden Property Trust exercised an option to repurchase and acquired 1,162 common shares on 01/05/2026, followed by several open-market sales of common shares on 01/05/2026 and 01/06/2026.

How many Camden Property Trust (CPT) shares did the officer buy and sell?

The officer acquired 1,162 common shares at an exercise price of $10.513 per share through an option to repurchase, then sold 147 shares at $109.692, 384 shares at $109.821, and 150 shares at $110.206.

How many Camden Property Trust (CPT) shares does the insider own after these trades?

Following the reported transactions, the Executive Vice President and Chief Operating Officer beneficially owned 96,636 common shares of Camden Property Trust directly.

What is the exercise price and nature of the options reported for Camden Property Trust (CPT)?

The filing lists an option to repurchase Camden Property Trust common shares with an exercise price of $10.513 per share. These options were granted between 2004 and 2005, vest in four or five annual installments, and expire thirty years from the date of grant.

What does the filing say about the deferred compensation plan shares for the CPT officer?

The filing explains that certain shares were held in the issuer's executive deferred compensation plan for the officer's benefit. The distribution of these shares became irrevocable after 2024, and the shares were sold pursuant to a further irrevocable election made in December 2025 in accordance with Section 409A of the Internal Revenue Code.

Are employee share purchase plan shares included in the insider’s CPT ownership?

Yes. The beneficial ownership figure includes 209 shares acquired through Camden Property Trust's Employee Share Purchase Plan, as noted in the explanation of responses.