Form 4: Camden National Corp Executive Vice President David Ackley Reports Stock Transaction
SEC Form 4 Filing
Executive Vice President David Ackley of Camden National Corp reports disposition of shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 12, 2025, David Ackley, an Executive Vice President at Camden National Corp, disposed of 29 shares of common stock to cover tax obligations.
- The shares were sold at a price of $40.87 per share.
- Following the transaction, Ackley directly owns 9,401.069 shares of Camden National Corp, which includes 4,455 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock transaction (disposal of shares). |
| 03/14/2025 | Date of signature on the report. |
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