Form 4: Camden National Corp Executive Vice President Reports Stock Transaction
SEC Form 4 Filing
David Ackley, EVP of Camden National Corp, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 7, 2025, David Ackley, an Executive Vice President at Camden National Corp, disposed of 53 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $41.47 per share.
- Following the transaction, Ackley beneficially owns 9,536.069 shares, including 4,855 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any significant change in the executive's holdings or company outlook.
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 tax obligation fulfillment related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock transaction (disposal of shares). |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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