Form 4: Camden National Corp Executive Jennifer Lloyd Mirabile Reports Stock Transactions
SEC Form 4 Filing
EVP Jennifer Lloyd Mirabile reports stock transactions including disposal of shares to cover tax obligations and acquisition of deferred stock awards.
Summary
- On March 14, 2024, Jennifer Lloyd Mirabile, an Executive Vice President at Camden National Corp, disposed of 49 shares of common stock at a price of $31.26 to cover tax obligations related to vested restricted stock units.
- On March 15, 2024, Mirabile acquired 1,035 shares of common stock through deferred stock awards under the Defined Contribution Retirement Plan (DCRP).
- Following these transactions, Mirabile beneficially owns 13,788.42 shares of Camden National Corp, which includes 4,356 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reports routine stock transactions related to executive compensation and tax obligations.
Positives
- Acquisition of 1,035 shares through deferred stock awards indicates continued participation in the company's retirement plan.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Disposal of 49 shares to cover tax obligations on vested restricted stock units. |
| 03/15/2024 | Acquisition of 1,035 shares through deferred stock awards under the DCRP. |
| 03/18/2024 | Date of signature by Christopher G. Hutchinson, POA. |
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