Camden National (CAC) SVP covers RSU taxes with withheld shares
Rhea-AI Filing Summary
Camden National Corp senior vice president Brandon Y. Boey reported a small tax-withholding transaction in company stock. On January 15, 2026, 18 shares of common stock were withheld at a price of $45.68 per share to satisfy minimum tax obligations tied to restricted stock units that vested on that date. Following this transaction, Boey beneficially owns 2,373 shares of Camden National common stock, which includes 1,860 restricted stock units that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 18 | $45.68 | $822.24 |
Footnotes (1)
- Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on January 15, 2026. Includes 1,860 restricted stock units that are subject to vesting and forfeiture restrictions.
FAQ
What insider transaction did Camden National (CAC) report in this Form 4?
The Form 4 reports that SVP Brandon Y. Boey had 18 shares of Camden National common stock withheld on January 15, 2026 to cover taxes on vested restricted stock units.
How many restricted stock units does the Camden National (CAC) SVP still hold?
The beneficial ownership total includes 1,860 restricted stock units that are still subject to vesting and forfeiture restrictions.
Was this Camden National (CAC) Form 4 transaction an open-market sale?
No. The Form 4 indicates the transaction code F, and the footnote explains that the 18 shares were withheld to satisfy minimum tax withholding obligations on vested restricted stock units.
What is the reporting persons role at Camden National (CAC)?
The reporting person, Brandon Y. Boey, is an officer of Camden National Corp with the title Senior Vice President (SVP).