Form 4: Camden National Corp Executive Jennifer Lloyd Mirabile Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP Jennifer Lloyd Mirabile of Camden National Corp reports disposing of 123 shares of common stock to cover tax obligations related to vested restricted shares.
Summary
- On April 25, 2024, Jennifer Lloyd Mirabile, an Executive Vice President at Camden National Corp, disposed of 123 shares of common stock.
- The transaction was executed to cover the minimum tax withholding obligation on restricted shares that vested on the same date.
- The shares were disposed of at a price of $30.69 per share.
- Following the transaction, Mirabile beneficially owns 14,554.42 shares, which includes 4,892 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of transaction: Disposal of shares and vesting of restricted shares. |
| 04/29/2024 | Date of signature on the report. |
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