Form 4: Camden National Corp Executive Jennifer Lloyd Mirabile Reports Acquisition of Common Stock

EVP Jennifer Lloyd Mirabile reports acquisition of 256 shares of Camden National Corp common stock through a restricted stock award.

Summary

• Jennifer Lloyd Mirabile, an Executive Vice President at Camden National Corp, filed a Form 4 indicating changes in beneficial ownership.
• On April 30, 2024, Mirabile acquired 256 shares of common stock through a restricted stock award under the issuer's 2022 Equity and Incentive Plan.
• The restricted stock awards are scheduled to vest over the requisite service periods.
• Following the transaction, Mirabile beneficially owns 14,400.42 shares of Camden National Corp common stock, which includes 3,790 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock ownership change.

Positives

• The grant of restricted stock aligns executive interests with shareholder value.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders by aligning executive compensation with company performance.

Key Dates