Form 4: Camden National Corp EVP Patricia A. Rose Reports Acquisition of Common Stock

Patricia A. Rose, EVP of Camden National Corp, reports acquiring 1,168 shares of common stock through a deferred stock award.

Summary

• On March 15, 2024, Patricia A. Rose, an Executive Vice President at Camden National Corp, acquired 1,168 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, Rose directly owns 22,370.12 shares of Camden National Corp, which includes 7,658 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive is generally a good sign, but it's a routine transaction.

Positives

• The acquisition of shares by an executive could be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's increased stake in the company, which is generally viewed positively by investors.

Stakeholder Impact

• The increased ownership by an executive could positively influence shareholder sentiment.

Key Dates