Camden National EVP reports 22-share tax withholding
Camden National Corp EVP Barbara Raths reported a small tax-withholding share disposition related to vesting equity.
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Rhea-AI Filing Summary
Camden National Corp EVP Barbara Raths reported a small tax-withholding share disposition related to vesting equity. On March 6, 2026, 22 shares of common stock were withheld at a reference price of $45.92 to cover minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026. After this transaction, she directly holds 8,105 shares of common stock, including 5,868 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. This is a routine compensation-related event rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 22 | $45.92 | $1K |
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 5,868 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
FAQ
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What did Camden National (CAC) EVP Barbara Raths report in this Form 4?
Was this Camden National Form 4 an open-market sale by Barbara Raths?
AI-generated analysis. How Rhea-AI works. Not financial advice.