Raths Barbara 4

What Happened Barbara Raths, Executive Vice President of Camden National Corp. (CAC), had 22 shares withheld on March 6, 2026 to satisfy tax withholding related to the Management Stock Purchase Plan (MSPP). The withheld shares were valued at $45.92 each, totaling approximately $1,010. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: March 6, 2026; Price per share: $45.92; Shares withheld: 22; Total value: ~$1,010.
• Filing date: March 10, 2026 (filed on the second business day after the transaction—timely under Form 4 rules).
• Transaction type/code: F (shares withheld to satisfy tax liability).
• Footnote: Withheld shares were used to satisfy the minimum tax withholding obligation on MSPP shares that vested on March 7, 2026, using the March 6, 2026 price.
• Filing also notes 5,868 restricted stock units/restricted shares that remain subject to vesting and forfeiture restrictions.
• Shares owned after the transaction: not specified in the provided filing details.

Context Tax-withholding share dispositions are routine administrative actions to cover required taxes when stock awards vest and do not necessarily indicate the insider is selling shares as a sign of sentiment. This was not a market sale or an open-market transaction; it was an internal withholding to satisfy tax obligations on newly vested MSPP shares.