Form 4: Camden National Corp Executive Jennifer Lloyd Mirabile Reports Stock Transaction

EVP Jennifer Lloyd Mirabile reports disposition of Camden National Corp shares to cover tax obligations and updates beneficial ownership.

Summary

• On March 8, 2024, Jennifer Lloyd Mirabile, an Executive Vice President at Camden National Corp, disposed of 232 shares of common stock to satisfy tax withholding obligations related to vested shares from the Management Stock Purchase Plan (MSPP).
• The transaction price was $32.92 per share.
• Following the transaction, Mirabile's beneficial ownership includes 12,570.42 shares, which includes 56.98 shares acquired through the company's dividend reinvestment program since the last filing.
• This total also includes 5,112 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 stock ownership and tax obligations, with no indication of positive or negative sentiment.

Positives

• Mirabile's participation in the dividend reinvestment program increased her holdings by 56.98 shares since the last filing.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine adjustment of executive stock ownership.

Key Dates