Form 4: Camden National Corp Executive Ryan A. Smith Reports Tax Withholding on Vested Shares
SEC Form 4 Filing
EVP Ryan A. Smith of Camden National Corp reports disposition of shares to cover tax obligations upon vesting of restricted stock on April 25, 2024.
Summary
- On April 25, 2024, Ryan A. Smith, an Executive Vice President at Camden National Corp, had shares withheld to cover tax obligations.
- A total of 116 shares of common stock were disposed of at a price of $30.69 per share to satisfy the minimum tax withholding requirement.
- Following the transaction, Smith directly owns 18,861 shares, which includes 8,791 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 compensation and tax obligations, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of transaction: shares withheld for tax obligations on vested restricted shares. |
| 04/29/2024 | Date of signature on the report. |
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