Form 4: Camden National SVP Sells Shares for Tax Obligations

Camden National Corp's SVP, Brandon Y. Boey, disposed of 18 shares of common stock to cover tax obligations on vested restricted stock units.

Summary

• Brandon Y. Boey, Senior Vice President (SVP) of Camden National Corp (CAC), reported a transaction on January 15, 2026.
• The transaction involved the disposition of 18 shares of Common Stock at a price of $45.68 per share.
• These shares were withheld to satisfy the minimum tax withholding obligation on restricted stock units that vested on January 15, 2026.
• Following this transaction, Mr. Boey beneficially owns 2,373 shares of Common Stock directly.
• The beneficially owned shares include 1,860 restricted stock units that are subject to future vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event from an investment perspective and does not indicate any significant positive or negative sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction related to executive compensation and tax compliance, common across all industries for publicly traded companies with equity compensation plans. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a small, routine transaction for tax compliance, not a discretionary sale indicating a change in management's view of the company.

Key Dates

Keywords

Camden National Corp, CAC, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, SVP, Common Stock