Form 4: Camden National Corp Executive Vice President Renee Smyth Reports Acquisition of 972 Shares

Sentiment:

SEC Form 4 Filing


Executive Vice President Renee Smyth of Camden National Corp reports acquiring 972 shares of common stock through a deferred stock award.

Summary

  • On March 17, 2025, Renee Smyth, an Executive Vice President at Camden National Corp, acquired 972 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 the acquisition was $0, as it was a deferred stock award.
  • Following the transaction, Smyth beneficially owns 26,996.796 shares of Camden National Corp common stock, which includes 8,475 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 contain information that would strongly indicate positive or negative sentiment.

Positives

  • The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company executive, as required by the SEC. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

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

Key Dates

DateDescription
03/17/2025Date of transaction: Renee Smyth acquired 972 shares of common stock.
03/19/2025Date of signature: Christopher G. Hutchinson, POA signed the report.

Keywords

Camden National Corp, Renee Smyth, Executive Vice President, Form 4, Beneficial Ownership, Stock Acquisition, Deferred Stock Award, DCRP, CAC

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