Form 4: Camden National Corp Executive Acquires Shares Through Deferred Stock Awards
SEC Form 4 Filing
EVP Andrew Forbes acquired 617 shares of Camden National Corp common stock through deferred stock awards on March 17, 2025.
Summary
- On March 17, 2025, Andrew Forbes, an Executive Vice President of Camden National Corp, acquired 617 shares of common stock.
- The acquisition was made through deferred stock awards granted under the Defined Contribution Retirement Plan (DCRP).
- The price per share for the deferred stock awards is not applicable (N/A).
- Following the transaction, Forbes directly owns 3,128 shares of Camden National Corp, which includes 3,081 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an executive's stock acquisition. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future prospects.
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 may have a minor positive impact on shareholder sentiment, as it indicates an executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Andrew Forbes acquired 617 shares of common stock. |
| 03/19/2025 | Date of signature on the report by Christopher G. Hutchinson, POA. |
Keywords
Form 4, beneficial ownership, executive compensation, stock awards, Camden National Corp, CAC, Andrew Forbes, deferred stock, DCRP
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