Camden National (CAC) EVP has 235 shares withheld to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp executive Barbara Raths reported routine tax-withholding share dispositions tied to restricted stock vesting. On April 29, 2026, 131 shares of common stock were withheld at $47.97 per share, and on April 30, 2026, 104 shares were withheld at $48.17 per share to cover minimum tax obligations on vested restricted shares. After these non‑market transactions, she directly owned 9,106 common shares, and her holdings also include 5,252 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
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 | 104 | $48.17 | $5K |
| Tax Withholding | Common Stock | 131 | $47.97 | $6K |
Holdings After Transaction:
Common Stock — 9,106 shares (Direct, null)
Footnotes (1)
- Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 29, 2026. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 30, 2026. Includes 5,252 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
Tax-withheld shares Apr 29 2026: 131 shares at $47.97
Tax-withheld shares Apr 30 2026: 104 shares at $48.17
Total tax-withheld shares: 235 shares
+2 more
5 metrics
Tax-withheld shares Apr 29 2026
131 shares at $47.97
Common stock withheld to satisfy tax on vested restricted shares
Tax-withheld shares Apr 30 2026
104 shares at $48.17
Common stock withheld to satisfy tax on vested restricted shares
Total tax-withheld shares
235 shares
Sum of F-code tax-withholding dispositions in this filing
Shares held after transactions
9,106 shares
Direct common stock ownership after April 30, 2026 disposition
Restricted stock units and shares
5,252 units/shares
Subject to vesting and forfeiture restrictions per footnote
Key Terms
restricted shares, restricted stock units, tax withholding obligation, Form 4
4 terms
restricted stock units financial
"Includes 5,252 restricted stock units and restricted shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"shares withheld in order to satisfy the minimum tax withholding obligation"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Camden National (CAC) EVP Barbara Raths report in this Form 4?
Barbara Raths reported share dispositions for tax withholding related to restricted stock vesting. A total of 235 Camden National common shares were withheld over two days to satisfy minimum tax obligations, rather than sold in open-market transactions.
Were Barbara Raths’ Camden National (CAC) transactions open-market sales?
No, the filing describes tax-withholding dispositions, not market sales. Shares were withheld by the company to pay minimum tax due on restricted shares that vested on April 29 and April 30, 2026, instead of being sold on the open market.
What do the restricted stock footnotes mean for Camden National (CAC) EVP Barbara Raths?
The footnotes explain that some holdings are restricted, meaning 5,252 units and shares are subject to vesting and forfeiture terms. They also clarify that the reported 235-share dispositions were strictly to satisfy minimum tax withholding obligations on restricted shares that vested on specific April 2026 dates.
How is the Form 4 transaction code F used in this Camden National (CAC) filing?
In this filing, code F indicates payment of tax liability by delivering securities. For Barbara Raths, the F-coded entries show Camden National withheld 235 common shares in total to cover minimum tax on restricted shares that vested on April 29 and April 30, 2026.