Form 4: Camden National Corp Executive EVP McKnight Garrett Reports Stock Transaction
SEC Form 4 Filing
EVP McKnight Garrett of Camden National Corp reports disposition of shares to cover tax obligations from vested restricted stock units.
Summary
- On May 15, 2025, Garrett McKnight, an EVP at Camden National Corp, disposed of 45 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $41.49 per share.
- Following the transaction, McKnight directly owns 4,321 shares of Camden National Corp, including 3,694 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into insider transactions.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock transaction and vesting of restricted stock units. |
| 05/19/2025 | Date of signature on the report. |
Keywords
Form 4, Camden National Corp, CAC, Garrett McKnight, EVP, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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