Form 4: Camden National Director Buys Shares in Open Market

Camden National Corp. Director Carl John Soderberg acquired 350 shares of common stock at $45.26 per share.

Summary

• Carl John Soderberg, a Director of Camden National Corp. (CAC), acquired 350 shares of common stock on March 20, 2026.
• The shares were acquired at a price of $45.26 per share.
• The acquisition was made under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment, in lieu of director fees.
• Following this transaction, Mr. Soderberg beneficially owns a total of 103,122.218 shares.
• This total includes 910.801 shares acquired since the last filing through participation in the Company's dividend reinvestment program.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, indicating management's direct investment and confidence in the company's valuation and future performance.

Positives

• Director Carl John Soderberg's acquisition of 350 shares signals confidence in Camden National Corp.'s future prospects and valuation.
• The acquisition was part of an equity incentive plan, aligning director interests with shareholder value.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider purchases, particularly by directors, often signal confidence in the company's future prospects. For financial institutions like Camden National Corp., such transactions can be viewed positively by the market, suggesting management believes the stock is undervalued or expects positive developments.

Related Party Transactions

• The acquisition of shares was made under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment, in lieu of director fees, which is a standard compensation arrangement between the company and its director.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive indicator of management's belief in the company's value and future performance, potentially boosting investor confidence.

Key Dates

Recommendation

The director's direct acquisition of shares, particularly as part of an equity incentive plan, demonstrates a strong alignment of interests with shareholders and signals confidence in the company's intrinsic value and future growth trajectory. This insider buying activity is a bullish indicator for investors.

Keywords

Camden National Corp, CAC, Carl John Soderberg, Insider Trading, Form 4, Director, Stock Acquisition, Equity Incentive Plan, Dividend Reinvestment