Form 4: Camden National Corp Executive Barbara Raths Acquires 509 Shares

EVP Barbara Raths of Camden National Corp acquired 509 shares of common stock at $31.28 per share on March 6, 2025, under the company's stock purchase plan.

Summary

• On March 6, 2025, Barbara Raths, an Executive Vice President at Camden National Corp, acquired 509 shares of common stock.
• The shares were purchased at a price of $31.28 each, under the Third Amended and Restated Management Stock Purchase Plan (MSPP).
• These shares will cliff-vest two years after the issuance date.
• Following the transaction, Raths beneficially owns 5,900 shares, which includes 5,146 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction. The purchase indicates confidence but doesn't provide significant new information.

Positives

• Executive's participation in the Management Stock Purchase Plan demonstrates confidence in the company's future.

Future Outlook

The acquired shares will cliff-vest two years after issuance date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the executive's increased investment in the company.

Key Dates