Form 4: Camden National Corp Executive Barbara Raths Reports Stock Disposals to Cover Tax Obligations

Barbara Raths, EVP of Camden National Corp, reported disposing of shares to cover tax withholding obligations related to vested restricted stock units.

Summary

• Barbara Raths, an Executive Vice President at Camden National Corp, filed a Form 4 with the SEC.
• The filing reports the disposal of common stock on March 10, 2025, and March 11, 2025, to cover tax withholding obligations on vested restricted stock units.
• On March 10, 2025, 36 shares were disposed of at a price of $40.28.
• On March 11, 2025, 29 shares were disposed of at a price of $40.32.
• Following these transactions, Raths beneficially owns 5,700 shares, which includes 4,391 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, with no indication of positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax obligations. These transactions are closely monitored by investors for insights into executive sentiment and potential impact on stock price.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholders due to the increased supply of shares, but the impact is likely to be minimal given the small number of shares involved.

Key Dates