Raths Barbara 4

What Happened
Barbara Raths, Executive Vice President of Camden National Corp (CAC), had 43 shares withheld on March 9, 2026 to satisfy tax withholding tied to restricted stock units that vested the same day. The shares were valued at $45.83 each, totaling $1,971. This transaction is a tax-withholding disposition (code F), not an open-market sale or a buy.

Key Details

• Transaction date: March 9, 2026; reported on Form 4 filed March 11, 2026 (timely filing).
• Shares withheld/disposed: 43 shares at $45.83 per share; total value $1,971.
• Transaction code: F (payment of exercise price or tax liability — here used to cover taxes on RSU vesting).
• Holdings note: Filing indicates the insider’s reported holdings include 5,718 restricted stock units/restricted shares that remain subject to vesting and forfeiture (footnote).
• Footnote specifics: Shares withheld were to satisfy the minimum tax withholding obligation on RSUs that vested on March 9, 2026.

Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not by itself signal a bullish or bearish view. It’s effectively a cashless settlement to meet tax obligations rather than a directional trade by the insider.