Form 4: Director Acquires CAC Stock, Boosts Holdings

Camden National Corp. Director Lawrence J. Sterrs acquired 171 shares of common stock at $45.95, increasing his total beneficial ownership to 14,756.306 shares.

Summary

• Lawrence J. Sterrs, a Director of Camden National Corp. (CAC), acquired 171 shares of common stock.
• The shares were acquired on December 19, 2025, at a price of $45.95 per share.
• This acquisition was made under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment, in lieu of director fees.
• Following this transaction, Mr. Sterrs beneficially owns a total of 14,756.306 shares of common stock.
• This total includes 20.243 shares acquired since the last filing through the Company's dividend reinvestment program.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially in lieu of cash fees, generally indicates confidence in the company's future performance and aligns insider interests with shareholders. This is a positive signal, though the transaction size is relatively small.

Positives

• Director Lawrence J. Sterrs increased his beneficial ownership in Camden National Corp. by acquiring 171 shares.
• The acquisition of shares in lieu of director fees demonstrates alignment of interests between management and shareholders.
• Participation in the dividend reinvestment program indicates a long-term commitment to the company.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Director Lawrence J. Sterrs acquired 171 shares of common stock under the company's 2022 Equity and Incentive Plan and Amendment, in lieu of director fees, which is a form of compensation for a related party.

Stakeholder Impact

• Shareholders: Increased alignment of interests with a director, potentially signaling confidence in the company's future.

Key Dates

Recommendation

The director's acquisition of shares, particularly as part of compensation, is a positive signal of confidence and aligns interests. However, the transaction size of 171 shares is relatively small and, on its own, does not provide sufficient new information to change a broader investment thesis. It reinforces a 'hold' position for existing investors, indicating continued insider belief in the company.

Keywords

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