Form 4: Camden National Corp EVP Ryan A. Smith Reports Stock Transaction
SEC Form 4 Filing
Ryan A. Smith, EVP of Camden National Corp, reports the disposal of 30 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 12, 2025, Ryan A. Smith, an Executive Vice President at Camden National Corp, disposed of 30 shares of common stock to cover tax obligations.
- The shares were sold at a price of $40.87 per share.
- Following the transaction, Smith directly owns 20,536 shares of Camden National Corp, which includes 8,895 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. There is no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction: disposal of 30 shares of common stock. |
| 03/14/2025 | Date of signature by Christopher G. Hutchinson, POA. |
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