Camden National (NASDAQ: CAC) EVP logs small 22-share tax-withholding disposition

Rhea-AI Filing Summary

Camden National Corp EVP Barbara Raths reported a small tax-withholding share disposition related to vesting equity. On March 6, 2026, 22 shares of common stock were withheld at a reference price of $45.92 to cover minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026. After this transaction, she directly holds 8,105 shares of common stock, including 5,868 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. This is a routine compensation-related event rather than an open-market sale.

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^*

Raths Barbara

(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		22(1)	D	$45.92	8,105(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 5,868 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.
* 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).
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FAQ

What did Camden National (CAC) EVP Barbara Raths report in this Form 4?

EVP Barbara Raths reported a small, routine tax-withholding disposition of 22 Camden National common shares. The shares were withheld to cover minimum taxes on Management Stock Purchase Plan shares that vested on March 7, 2026, using a March 6, 2026 reference price.

How many Camden National shares were involved in Barbara Raths’s tax-withholding transaction?

The transaction involved 22 shares of Camden National common stock. These shares were not sold in the open market but withheld by the company to satisfy minimum tax obligations tied to vested Management Stock Purchase Plan equity awards.

At what price were the withheld Camden National (CAC) shares valued in this Form 4?

The 22 withheld Camden National shares were valued at $45.92 per share. This price reflects the March 6, 2026 market price used to calculate the number of shares needed to cover the minimum tax obligation on the vested equity.

How many Camden National shares does EVP Barbara Raths hold after this Form 4 transaction?

Following the tax-withholding disposition, Barbara Raths directly holds 8,105 Camden National common shares. This total includes 5,868 restricted stock units and restricted shares that are still subject to vesting schedules and forfeiture conditions under the company’s equity plans.

Was this Camden National Form 4 an open-market sale by Barbara Raths?

No, this Form 4 does not report an open-market sale. It shows a tax-withholding disposition, where 22 shares were withheld by Camden National to satisfy minimum tax obligations on vested Management Stock Purchase Plan awards, a standard compensation-related mechanism.