Camden National (CAC) CEO reports 322-share tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp's CEO reported a small change in ownership on December 15, 2025. The Form 4 shows that 322 shares of common stock were withheld at $45.68 per share to satisfy the minimum tax withholding obligation on restricted stock units that vested that day.
Following this tax-related withholding, the CEO beneficially owns 31,275 shares, including 22,762 restricted stock units and restricted shares that are still subject to vesting and forfeiture restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffiths Simon
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 322 | $45.68 | $15K |
Holdings After Transaction:
Common Stock — 31,275 shares (Direct)
Footnotes (1)
- Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on December 15, 2025. Includes 22,762 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
FAQ
What insider transaction did Camden National Corp (CAC) report in this Form 4?
The CEO reported that 322 shares of common stock were withheld on December 15, 2025 at $45.68 per share to cover minimum tax withholding on vested restricted stock units.
What portion of the CEO's Camden National (CAC) holdings are restricted stock units or restricted shares?
The filing states that the CEO's holdings include 22,762 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions.
Was the Camden National (CAC) CEO’s Form 4 transaction an open-market sale?
No. The filing explains that the 322 shares "consist of shares withheld in order to satisfy the minimum tax withholding obligation" on restricted stock units that vested on December 15, 2025.
What transaction code was used in the Camden National (CAC) CEO Form 4?
The transaction is marked with code "F", indicating shares withheld to satisfy tax withholding obligations related to equity awards.
What role does the reporting person hold at Camden National Corp (CAC)?
The reporting person is identified as an Officer of Camden National Corp and is specifically listed as the CEO.