Camden National (NASDAQ: CAC) EVP has 104 shares withheld for RSU taxes

Rhea-AI Filing Summary

Camden National Corp executive Michael R. Archer reported routine tax-related share withholdings tied to vesting stock awards. On March 10 and 11, 2026, a total of 104 shares of common stock were withheld to cover minimum tax obligations on restricted stock units that vested on those dates.

After these transactions, Archer directly holds 18,848.073 shares of Camden National common stock, including 8,316 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. These events reflect compensation-related tax withholding, not open-market buying or selling.

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)
03/10/2026

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	03/10/2026		F		59(1)	D	$45.84	18,893.073	D
Common Stock	03/11/2026		F		45(2)	D	$45.41	18,848.073(3)	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 restricted stock units that vested on March 10, 2026.

2. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on March 11, 2026.

3. Includes 8,316 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/12/2026
	** 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.
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FAQ

What insider transactions did CAC executive Michael R. Archer report?

Michael R. Archer reported compensation-related tax-withholding transactions, not open-market trades. On March 10 and 11, 2026, Camden National Corp withheld a total of 104 common shares to satisfy minimum tax obligations on restricted stock units that vested on those dates.

Were Michael R. Archer’s CAC share transactions open-market sales or purchases?

The reported CAC transactions were not open-market sales or purchases. They were Form 4 code F events, where 104 common shares were withheld by the company solely to cover minimum tax withholding requirements on newly vested restricted stock units in March 2026.

How many CAC shares does Michael R. Archer hold after these transactions?

Following the March 2026 tax-withholding transactions, Michael R. Archer directly holds 18,848.073 shares of Camden National common stock. This figure includes 8,316 restricted stock units and restricted shares that remain subject to vesting schedules and potential forfeiture conditions under the company’s equity compensation arrangements.

What does Form 4 code F mean in the Camden National Corp filing?

In this CAC Form 4, transaction code F indicates shares were withheld to pay taxes. Specifically, 59 and 45 common shares were withheld on March 10 and 11, 2026 to satisfy minimum tax withholding obligations on vested restricted stock units, not discretionary sales by the executive.

How many CAC shares were withheld for Michael R. Archer’s tax obligations?

A total of 104 Camden National Corp common shares were withheld for taxes. The company withheld 59 shares on March 10, 2026 and 45 shares on March 11, 2026 to meet minimum tax obligations arising from vesting restricted stock unit awards.