Form 4: Camden National Corp CEO Simon Griffiths Reports Acquisition of 3,192 Shares
SEC Form 4 Filing
CEO Simon Griffiths reports acquiring 3,192 shares of Camden National Corp common stock through a deferred stock award.
Summary
- On March 17, 2025, Simon Griffiths, CEO of Camden National Corp, acquired 3,192 shares of common stock.
- The acquisition was made through a deferred stock award under the Defined Contribution Retirement Plan (DCRP).
- The price per share for the acquisition was $0, as it was a deferred stock award.
- Following the transaction, Griffiths beneficially owns 24,222 shares of Camden National Corp, including 20,963 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The CEO acquiring shares is generally a positive sign, but the impact is likely minimal.
Positives
- The CEO's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment, as insider buying is often seen as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Simon Griffiths acquired 3,192 shares of Camden National Corp common stock. |
| 03/19/2025 | Date of report: Christopher G. Hutchinson, POA, signed the report. |
Keywords
Form 4, Beneficial Ownership, Simon Griffiths, Camden National Corp, CAC, CEO, Deferred Stock Award, DCRP, Restricted Stock Units
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