Form 4: Camden National Corp Executive Acquires Shares Through Deferred Stock Awards

William H. Martel, EVP of Camden National Corp, acquired 1,124 shares of common stock through deferred stock awards on March 17, 2025.

Summary

• On March 17, 2025, William H. Martel, an Executive Vice President at Camden National Corp, acquired 1,124 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 acquisition was $0, as it was a deferred stock award.
• Following the transaction, Martel directly owns 18,639 shares of Camden National Corp, which includes 9,428 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine executive compensation.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, 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 participation in a deferred compensation plan.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals executive confidence.

Key Dates

Keywords

Camden National Corp, William H. Martel, EVP, Form 4, Stock Acquisition, Deferred Stock Awards, DCRP, Beneficial Ownership, CAC