Form 4: Camden National Corp Executive Vice President Acquires Shares

Michael R. Archer, an Executive Vice President at Camden National Corp, acquired 1,225 shares of common stock on March 17, 2025, through a deferred stock award.

Summary

• On March 17, 2025, Michael R. Archer, an Executive Vice President of Camden National Corp, acquired 1,225 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 deferred stock award was $0.
• Following the transaction, Archer's total beneficial ownership of Camden National Corp common stock is 16,557.885 shares, which includes 9,739 restricted stock units and restricted shares subject to vesting and forfeiture restrictions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Camden National Corp, Michael R. Archer, Executive Vice President, Stock Acquisition, Form 4, Beneficial Ownership, Deferred Stock Award, DCRP, Restricted Stock Units, Restricted Shares