Form 4: Camden National Corp Executive Patricia A. Rose Reports Stock Transaction
SEC Form 4 Filing
Patricia A. Rose, EVP of Camden National Corp, reports disposition of 304 common stock shares to cover tax obligations related to vested shares.
Summary
- On March 8, 2024, Patricia A. Rose, an EVP at Camden National Corp, disposed of 304 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of shares under the Management Stock Purchase Plan (MSPP).
- The price per share for the transaction was $32.92.
- Following the transaction, Rose directly owns 20,898.12 shares of Camden National Corp, which includes 7,683 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
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 |
|---|---|
| 03/08/2024 | Date of stock transaction (disposal of shares). |
| 03/12/2024 | Date of signature on the report. |
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