Gallagher Michael P 4
Research Summary
AI-generated summary
Camden Property (CPT) CAO Michael Gallagher Receives Award of 4,034 Shares
What Happened
Michael P. Gallagher, Chief Accounting Officer of Camden Property Trust (CPT), was granted 4,034 shares on February 25, 2026. The Form 4 shows the acquisition at $108.84 per share, a total value of approximately $439,061. This was an award/grant (Form 4 code A), i.e., company‑issued equity rather than an open‑market purchase.
Key Details
- Transaction date: 2026-02-25; reported on Form 4 filed 2026-02-27.
- Grant details: 4,034 shares at $108.84 per share; total ≈ $439,061.
- Transaction type: Award/Grant (code A on Form 4).
- Shares owned after transaction: Not specified in the information provided in this summary (not disclosed in the supplied transaction data).
- Footnotes/conditions: No 10b5-1 plan, tax‑withholding, or cashless sale noted in the provided filing details.
- Timeliness: Filing appears timely (reported two days after the transaction).
Context
This was a company equity award as part of insider compensation, not an open‑market buy. Such grants are common for executives and may be tied to compensation, performance, or retention; they do not by themselves signal an insider buying stock on the open market.