Form 4: Camden National Corp EVP Michael R. Archer Reports Acquisition and Disposal of Common Stock

EVP Michael R. Archer of Camden National Corp reports acquiring 289 shares of common stock and disposing of 16,846.885 shares.

Summary

• On March 28, 2025, Michael R. Archer, an EVP at Camden National Corp, reported a transaction involving the company's common stock.
• Archer acquired 289 shares of common stock at $0 per share.
• Archer disposed of 16,846.885 shares of common stock.
• Following the reported transactions, Archer beneficially owns 16,846.885 shares, including restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which carries a neutral sentiment.

Future Outlook

The restricted stock units granted under the issuer's 2022-2024 Long-Term Performance Share Plan are scheduled to vest on April 26, 2025, subject to continued employment through the vesting date.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the transactions of a key executive, providing insight into management's perspective on the company's stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Camden National Corp, CAC, Michael R. Archer, EVP, Common Stock, Restricted Stock Units, Restricted Shares