Form 4: Camden National Corp Executive Ryan A. Smith Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


EVP Ryan A. Smith of Camden National Corp reports acquiring 1,134 shares of common stock through a deferred stock award.

Summary

  • On March 17, 2025, Ryan A. Smith, an EVP at Camden National Corp, acquired 1,134 shares of common stock.
  • The acquisition was made through a deferred stock award granted under the Defined Contribution Retirement Plan (DCRP).
  • The price per share for this acquisition was $0, as it was a deferred stock award.
  • Following the transaction, Smith beneficially owns 21,670 shares of Camden National Corp common stock, which includes 9,481 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment but suggests confidence.

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 routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it reflects an executive's investment in the company.

Key Dates

DateDescription
03/17/2025Date of transaction: Ryan A. Smith acquired 1,134 shares of common stock.
03/19/2025Date of signature: Christopher G. Hutchinson, POA signed the report.

Keywords

Form 4, Beneficial Ownership, Ryan A. Smith, Camden National Corp, CAC, Executive Compensation, Stock Award, DCRP

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