Form 4: Director Hatfield Increases Stake in Camden National Corp (CAC)

Director Rebecca Hatfield acquired 393 shares of Camden National Corp (CAC) at $41.44 per share on March 20, 2025, increasing her direct holdings to 5,659.06 shares.

Summary

• On March 20, 2025, Rebecca Hatfield, a director of Camden National Corp (CAC), acquired 393 shares of common stock.
• The shares were purchased at a price of $41.44 per share.
• The acquisition was made under Camden National Corporation's 2022 Equity and Incentive Plan in lieu of director fees.
• Following the transaction, Hatfield directly owns 5,659.06 shares of Camden National Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (acquisition of shares in lieu of director fees) by a director, which doesn't necessarily indicate a strong positive or negative outlook for the company.

Positives

• The director's increased stake could be interpreted as a positive signal about her confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This transaction is a standard acquisition of shares in lieu of director fees.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares in lieu of director fees.

Key Dates

Keywords

Camden National Corp, Director, Insider Trading, Form 4, Equity and Incentive Plan, CAC, Share Acquisition