Form 4: Camden National Corp Executive Stock Grant
Statement of Changes in Beneficial Ownership
EVP Patricia A. Rose acquired 1,281 shares of Camden National Corp common stock via a restricted stock award grant.
Summary
- Patricia A. Rose, EVP of Camden National Corp, was granted 1,281 shares of common stock on April 28, 2026.
- The shares were granted at a price of $50.67 per share.
- Following this transaction, the reporting person holds a total of 28,923.593 shares.
- The grant is part of the issuer's 2022 Equity and Incentive Plan and vests pro-rata over three years.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation practices.
Positives
- Alignment of executive interests with shareholders through equity-based compensation.
- Retention mechanism established via a three-year pro-rata vesting schedule.
Negatives
- None identified; this is a standard executive compensation disclosure.
Risks
- Vesting is subject to continued employment, creating potential turnover risk if the executive departs before the three-year period concludes.
Future Outlook
The restricted stock awards are scheduled to vest pro-rata over the next three years, contingent upon continued employment.
Industry Context
StockSavvy.ai notes that equity grants for bank executives are standard practice to ensure long-term alignment with institutional performance and shareholder value.
Comparison to Industry Standards
- The use of a three-year pro-rata vesting schedule is consistent with standard corporate governance practices for regional banking institutions.
- Equity-based compensation for EVPs is common among peers such as Bar Harbor Bankshares and other regional financial institutions.
Stakeholder Impact
- Shareholders benefit from the increased alignment of executive incentives with long-term company performance.
Next Steps
- Vesting of the 1,281 restricted shares over the next three years.
Key Dates
| Date | Description |
|---|---|
| 04/28/2026 | Date of the restricted stock award transaction. |
| 04/30/2026 | Date of filing. |
Keywords
Camden National Corp, CAC, Form 4, Insider Trading, Executive Compensation, Restricted Stock
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