[Form 4] CAMDEN NATIONAL CORP Insider Trading Activity
Rhea-AI Filing Summary
Camden National Corp EVP David Ackley reported a small, routine share disposition related to taxes. On March 6, 2026, 28 shares of common stock were withheld at $45.92 per share to satisfy minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026.
After this tax-withholding transaction, Ackley holds a total of 12,253.958 shares of Camden National common stock directly, including 5,957 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ackley David
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28 | $45.92 | $1K |
Holdings After Transaction:
Common Stock — 12,253.958 shares (Direct)
Footnotes (1)
- 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. Includes 5,957 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
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FAQ
What insider transaction did Camden National (CAC) EVP David Ackley report?
EVP David Ackley reported a small tax-related share disposition. On March 6, 2026, 28 Camden National common shares were withheld to cover minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026.
Does the Camden National (CAC) Form 4 show an open-market sale by the EVP?
The Form 4 does not show an open-market sale. It records a tax-withholding disposition, where 28 shares were withheld by the company to satisfy minimum tax obligations on vested Management Stock Purchase Plan shares, rather than sold on the open market.
What role do restricted stock units play in David Ackley’s Camden National (CAC) holdings?
Ackley’s holdings include 5,957 restricted stock units and restricted shares. These awards are subject to vesting and forfeiture restrictions, meaning he will only fully benefit from them as they vest over time and are not forfeited under plan conditions.
What is the Management Stock Purchase Plan mentioned in the Camden National (CAC) Form 4?
The Management Stock Purchase Plan, or MSPP, is a program under which shares can vest for executives. In this case, shares vested on March 7, 2026, and 28 shares were withheld using the March 6, 2026 price to cover the related minimum tax withholding requirement.