Baker Laurie 4

What Happened

• Laurie Baker, Chief Operating Officer of Camden Property Trust (CPT), sold a total of 2,168 shares in open-market transactions on February 18, 2026. The sales consisted of 2,163 shares at $108.40 each ($234,465) and 5 shares at $108.47 each ($542), for combined proceeds of approximately $235,007. These were outright sales (transaction code S), which are typically routine insider selling rather than an explicit signal of company outlook.

Key Details

• Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-19) — filing appears timely.
• Trades:
  • 2,163 shares sold at $108.40 = $234,465
  • 5 shares sold at $108.47 = $542
  • Total sold: 2,168 shares for ~$235,007
• Transaction type: Open-market sale (S)
• Shares owned after transaction: Not disclosed in the material provided
• Footnotes/plan indicators: None reported in the provided filing (no 10b5-1 plan, tax withholding, or gift notation shown)

Context

• Open-market sales by executives can be for many personal or routine reasons (diversification, liquidity, tax planning) and do not by themselves prove a change in company fundamentals. This was a modest-sized sale by a non-10% executive; purchases generally carry more weight as a bullish signal.