Form 4: Camden National Corp Executive Stock Withholding

EVP Patricia A. Rose reported the withholding of 292 shares to satisfy tax obligations related to restricted stock vesting.

Summary

• Patricia A. Rose, EVP of Camden National Corp, executed two transactions involving the withholding of shares for tax purposes.
• On April 29, 2026, 158 shares were withheld at a price of $47.97.
• On April 30, 2026, 134 shares were withheld at a price of $48.17.
• The reporting person also acquired 145.759 shares through a dividend reinvestment program since the last filing.
• The total beneficial ownership following these transactions is 28,777.352 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive tax compliance.

Positives

• The reporting person continues to maintain a significant equity stake of 28,777.352 shares.
• Participation in the dividend reinvestment program indicates long-term commitment to the company.

Negatives

• The transactions represent a reduction in total share count, though strictly for tax compliance purposes.

Risks

• None identified; these are routine tax-related transactions.

Future Outlook

Not applicable as this is a routine insider transaction filing.

Industry Context

StockSavvy.ai notes that share withholding for tax obligations upon the vesting of equity awards is a standard corporate governance practice for executives in the banking sector.

Comparison to Industry Standards

• The transaction aligns with standard executive compensation practices observed at regional banks like Camden National Corp.

Stakeholder Impact

• Minimal impact on shareholders as these are routine tax-related transactions.

Key Dates

Keywords

Camden National Corp, CAC, Insider Trading, Form 4, Executive Compensation, Tax Withholding