Form 4: Camden National Corp EVP Barbara Raths Reports Stock Transaction
SEC Form 4 Filing
Barbara Raths, EVP of Camden National Corp, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On April 25, 2025, Barbara Raths, an Executive Vice President at Camden National Corp, disposed of 98 shares of common stock to cover tax obligations.
- The shares were withheld to satisfy the minimum tax withholding obligation on restricted shares that vested on the same date.
- The transaction price was $38.74 per share.
- Following the transaction, Raths beneficially owns 6,204 shares of Camden National Corp, which includes 4,460 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction related to tax obligations on vested shares.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations on vested shares, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of stock transaction and vesting of restricted shares. |
| 04/29/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Camden National Corp, CAC, Barbara Raths, Executive Vice President, Stock Transaction, Restricted Stock, Tax Withholding
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