Camden National EVP receives restricted stock grant

Archer Michael R reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Archer Michael R reported acquisition or exercise transactions in this Form 4 filing.

CAMDEN NATIONAL CORP EVP Michael R. Archer received an equity grant of 1,922 shares of common stock as a restricted stock award. The grant value is based on a price of $50.67 per share and is part of the company’s 2022 Equity and Incentive Plan and its amendment.

The restricted shares are scheduled to vest pro rata over the next three years, conditioned on his continued employment through each vesting date. After this grant, Archer directly holds a total of 21,339.073 shares of common stock, including 9,725 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Insider Trade Summary

Grant/Award: 1,922 shares

Grant/Award 1 txn

Insider Archer Michael R

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,922	$50.67	$97K

Holdings After Transaction: Common Stock — 21,339.073 shares (Direct)

Footnotes (2)

1. F1. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.
2. F2. Includes 9,725 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Restricted stock grant: 1,922 shares Grant valuation price: $50.67 per share Total direct holdings after grant: 21,339.073 shares +1 more

4 metrics

Restricted stock grant 1,922 shares Award of common stock on 2026-04-28

Grant valuation price $50.67 per share Restricted stock award reference price

Total direct holdings after grant 21,339.073 shares Common stock held directly after transaction

Unvested restricted units/shares 9,725 units/shares Restricted stock units and restricted shares subject to vesting

Key Terms

restricted stock awards, 2022 Equity and Incentive Plan, vest pro-rata over the next three years, restricted stock units, +1 more

5 terms

restricted stock awards financial

"Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

2022 Equity and Incentive Plan financial

"Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment"

vest pro-rata over the next three years financial

"that are scheduled to vest pro-rata over the next three years, subject to continued employment"

restricted stock units financial

"Includes 9,725 restricted stock units and restricted shares that are subject to vesting"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

forfeiture restrictions financial

"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CAMDEN NATIONAL CORP (CAC) report for Michael R. Archer?

CAMDEN NATIONAL CORP reported that EVP Michael R. Archer received a grant of 1,922 shares of common stock. These were issued as restricted stock awards under the 2022 Equity and Incentive Plan and its amendment, rather than open-market purchases or sales.

At what price were the CAMDEN NATIONAL CORP (CAC) restricted shares granted to Michael R. Archer?

The restricted stock award to Michael R. Archer was valued at $50.67 per share. This price is used to determine the grant’s value within the company’s 2022 Equity and Incentive Plan and does not indicate an open-market transaction or trade execution price.

How do the new restricted stock awards for CAMDEN NATIONAL CORP (CAC) EVP vest?

The 1,922 restricted shares granted to EVP Michael R. Archer are scheduled to vest pro rata over the next three years. Vesting requires that he remain continuously employed through each vesting date, aligning the equity award with long-term service at CAMDEN NATIONAL CORP.

How many CAMDEN NATIONAL CORP (CAC) shares does Michael R. Archer hold after this grant?

Following the restricted stock grant, Michael R. Archer directly holds 21,339.073 shares of CAMDEN NATIONAL CORP common stock. This total includes 9,725 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions under equity plan terms.

Are the CAMDEN NATIONAL CORP (CAC) restricted stock awards to Michael R. Archer performance-based?

The filing states the 1,922 restricted stock awards vest pro rata over three years, subject to continued employment. It does not mention any additional performance conditions, focusing instead on time-based vesting and forfeiture restrictions tied to ongoing service at the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/30/2026 - 04:46 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 MAINE 04843

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

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	04/28/2026		A		1,922(1)	A	$50.67	21,339.073(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. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.

2. Includes 9,725 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)