Camden National (CAC) EVP has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp EVP Barbara Raths reported share dispositions tied to tax withholding on vested equity awards. On March 10 and 11, 2026, a total of 54 common shares were withheld at prices around $45 per share to satisfy minimum tax obligations on restricted stock units that vested on those dates.
After these withholdings, she directly holds 8,008 common shares, along with 5,538 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions. These are compensation-related tax withholdings, not open‑market stock sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Raths Barbara
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24 | $45.41 | $1K |
| Tax Withholding | Common Stock | 30 | $45.84 | $1K |
Holdings After Transaction:
Common Stock — 8,008 shares (Direct)
Footnotes (1)
- Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on March 10, 2026. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on March 11, 2026. Includes 5,538 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
FAQ
What insider transaction did Camden National (CAC) report for EVP Barbara Raths?
Camden National EVP Barbara Raths reported share dispositions related to tax withholding. A total of 54 common shares were withheld in March 2026 to cover minimum tax obligations on restricted stock units that vested on March 10 and March 11, 2026.
Were Barbara Raths’ Camden National (CAC) transactions open-market stock sales?
No, these transactions were tax-withholding dispositions, not open-market sales. The shares were withheld by the company to pay minimum tax obligations on restricted stock units that vested on March 10 and March 11, 2026, as described in the footnotes.
What restricted stock units does Camden National (CAC) EVP Barbara Raths still have?
Her position includes 5,538 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. These awards represent future potential share delivery as long as vesting requirements are met, separate from the small number of shares withheld for taxes.