Camden National EVP reports small tax share withholding
Camden National Corp EVP Michael R. Archer reported a small, routine tax-related share disposition.
Rhea-AI Filing Summary
Camden National Corp EVP Michael R. Archer reported a small, routine tax-related share disposition. On March 6, 2026, 49 shares of common stock were withheld to satisfy minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026, using the March 6, 2026 price.
After this tax-withholding disposition, Archer directly holds 18,952.073 shares of Camden National common stock, including 8,666 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 49 | $45.92 | $2K |
Footnotes (2)
- F1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on the Management Stock Purchase Plan ("MSPP") shares that vested on March 7, 2026, using the March 6, 2026 price.
- F2. Includes 8,666 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
FAQ
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What insider transaction did Camden National (CAC) EVP Michael R. Archer report?
Was the Camden National (CAC) insider transaction an open-market sale?
What triggered the tax withholding in Michael R. Archer’s Camden National (CAC) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.