Form 4: Camden National Corp Executive Vice President Barbara Raths Reports Stock Transaction
SEC Form 4 Filing
EVP Barbara Raths of Camden National Corp reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 14, 2025, Barbara Raths, an Executive Vice President at Camden National Corp, disposed of 75 shares of common stock to satisfy tax withholding obligations related to vested restricted stock units.
- The transaction price was $41.31 per share.
- Following the transaction, Raths beneficially owns 5,614 shares, including 4,148 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders engage in transactions involving their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock transaction and vesting of restricted stock units. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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