Form 4: Camden National Corp Executive Vice President Acquires 203 Shares of Common Stock

Simon Griffiths, EVP of Camden National Corp, reports acquiring 203 shares of common stock through a deferred stock award.

Summary

• On March 15, 2024, Simon Griffiths, an Executive Vice President at Camden National Corp, acquired 203 shares of common stock.
• The acquisition was made through a deferred stock award 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, Griffiths directly owns 11,091 shares of Camden National Corp, which includes 11,077 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by an executive may signal confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates changes in beneficial ownership of Camden National Corp's stock by one of its executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding executive stock ownership.

Key Dates