---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-151658"
form_type: "8-K"
ticker: "CPT"
cik: "0000906345"
company_name: "CAMDEN PROPERTY TRUST"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:45:20.026227+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Camden Property Trust establishes new $500M ATM equity program with multiple managers

## Summary
- New at-the-market agreements allow up to $500M in common share sales through Deutsche Bank, Scotia Capital, Truist, and Wells Fargo.
- Program includes forward sales; company may physically settle for net cash proceeds or cash/net share settle.
- Proceeds intended for general corporate purposes, including reducing $1.2B credit facility or $300M term loan borrowings.
- Agents and forward sellers capped at 1.5% commission on gross sales price.
- Company has no obligation to sell shares and may suspend offerings at any time.

## SEC filing metadata
- accession: 0001193125-23-151658
- form_type: 8-K
- ticker: CPT
- cik: 0000906345
- company_name: CAMDEN PROPERTY TRUST
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906345/000119312523151658/0001193125-23-151658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906345/000119312523151658/d489281d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-151658
- JSON: https://secwatch.observer/filing/0001193125-23-151658.json
- Plain text: https://secwatch.observer/filing/0001193125-23-151658.txt

## Key facts
- Material Agreements
  CAMDEN PROPERTY TRUST entered into At the Market Sales Program Agreements with Deutsche Bank Securities Inc., Scotia Capital (USA) Inc., Truist Securities, Inc., Wells Fargo Securities, LLC valued at up to $500,000,000 (effective 2023-05-22).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Deutsche Bank Securities Inc., Scotia Capital (USA) Inc., Truist Securities, Inc., Wells Fargo Securities, LLC
  - Value: up to $500,000,000
  - Effective: 2023-05-22
  source text: on May 22, 2023, Camden Property Trust, a Texas real estate investment trust (the “Company”), entered into separate replacement “at the market” agreements (collectively, the “Agreements”) for the offer and/or sale of common shares of beneficial interest, par value $0.01 per share (“Common Shares”) with an aggregate offering price of up to $500,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/906345/000119312523151658/0001193125-23-151658-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.