Camden National (CAC) EVP has 49 shares withheld for tax on vesting

Rhea-AI Filing Summary

Camden National Corp EVP Michael R. Archer reported a small, routine tax-related share disposition. On March 6, 2026, 49 shares of common stock were withheld to satisfy minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026, using the March 6, 2026 price.

After this tax-withholding disposition, Archer directly holds 18,952.073 shares of Camden National common stock, including 8,666 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Archer Michael R

(Last) (First) (Middle)

2 ELM STREET

P.O. BOX 310

(Street)

CAMDEN ME 04843

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CAMDEN NATIONAL CORP [ CAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/06/2026		F		49(1)	D	$45.92	18,952.073(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on the Management Stock Purchase Plan ("MSPP") shares that vested on March 7, 2026, using the March 6, 2026 price.

2. Includes 8,666 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Camden National (CAC) EVP Michael R. Archer report?

EVP Michael R. Archer reported a small tax-related share disposition. On March 6, 2026, 49 Camden National common shares were withheld to cover minimum tax obligations tied to Management Stock Purchase Plan shares that vested on March 7, 2026.

Was the Camden National (CAC) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 49 Camden National shares were withheld by the company to satisfy minimum tax withholding obligations on vested Management Stock Purchase Plan shares, a routine administrative event rather than a discretionary sale.

How many Camden National (CAC) shares does EVP Michael R. Archer hold after the transaction?

After the March 6, 2026 tax withholding, Michael R. Archer directly holds 18,952.073 Camden National common shares. This total includes 8,666 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions.

What triggered the tax withholding in Michael R. Archer’s Camden National (CAC) filing?

The tax withholding was triggered by the vesting of Management Stock Purchase Plan shares. These shares vested on March 7, 2026, and Camden National used the March 6, 2026 share price to withhold 49 shares to meet Archer’s minimum tax obligation.

How many Camden National (CAC) restricted shares and RSUs does Michael R. Archer hold?

Michael R. Archer’s reported holdings include 8,666 restricted stock units and restricted shares. These Camden National equity awards are subject to vesting requirements and forfeiture restrictions, meaning they will fully belong to him only if specified service or performance conditions are met.