Form 4: Camden National Director Boosts Stake via Equity Plan

Camden National Corp. Director Carl John Soderberg acquired 394 shares of common stock at $40.22 per share, increasing his beneficial ownership to 100,419.243 shares.

Summary

• Carl John Soderberg, a Director of Camden National Corp. (CAC), acquired 394 shares of common stock.
• The transaction occurred on September 19, 2025, with shares priced at $40.22 each.
• These shares were acquired under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment, received in lieu of director fees.
• Following this transaction, Soderberg beneficially owns a total of 100,419.243 shares of common stock.
• This total includes an additional 1,114.364 shares acquired since the last filing through participation in the Company's dividend reinvestment program.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, particularly as part of an equity plan and through dividend reinvestment, indicates strong insider confidence and alignment with shareholder interests, which is a positive signal for the company's outlook.

Positives

• The acquisition of shares by a director signals strong insider confidence in the company's future prospects.
• Receiving shares in lieu of director fees aligns management's financial interests more closely with those of shareholders.
• Participation in the dividend reinvestment program further demonstrates a long-term commitment and belief in the company's value.

Future Outlook

N/A

Industry Context

Insider purchases, especially by directors, are often viewed positively by the market as they signal management's confidence in the company's future prospects and align their interests with those of shareholders. This type of transaction is a common practice for director compensation within the financial services industry.

Stakeholder Impact

• Shareholders: Increased alignment of the director's financial interests with shareholder value, potentially fostering greater confidence.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Key Dates

Recommendation

The director's acquisition of shares, both through an equity plan in lieu of fees and via dividend reinvestment, signals strong confidence in Camden National Corp.'s future performance and aligns management's interests with shareholders. This insider buying activity is generally considered a positive indicator for investors, suggesting potential upside.

Keywords

Camden National Corp, CAC, Insider Trading, Form 4, Director Stock Acquisition, Equity Plan, Dividend Reinvestment, Beneficial Ownership