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Camden National (CAC) CEO reports 322-share tax withholding in Form 4

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Camden National Corp's CEO reported a small change in ownership on December 15, 2025. The Form 4 shows that 322 shares of common stock were withheld at $45.68 per share to satisfy the minimum tax withholding obligation on restricted stock units that vested that day.

Following this tax-related withholding, the CEO beneficially owns 31,275 shares, including 22,762 restricted stock units and restricted shares that are still subject to vesting and forfeiture restrictions.

Positive

  • None.

Negative

  • None.
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*
Griffiths Simon

(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)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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 12/15/2025 F 322(1) D $45.68 31,275(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 restricted stock units that vested on December 15, 2025.
2. Includes 22,762 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA 12/17/2025
** 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.

FAQ

What insider transaction did Camden National Corp (CAC) report in this Form 4?

The CEO reported that 322 shares of common stock were withheld on December 15, 2025 at $45.68 per share to cover minimum tax withholding on vested restricted stock units.

How many Camden National Corp (CAC) shares does the CEO now beneficially own?

After the reported transaction, the CEO beneficially owns 31,275 shares of Camden National Corp common stock.

What portion of the CEO's Camden National (CAC) holdings are restricted stock units or restricted shares?

The filing states that the CEO's holdings include 22,762 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions.

Was the Camden National (CAC) CEO’s Form 4 transaction an open-market sale?

No. The filing explains that the 322 shares "consist of shares withheld in order to satisfy the minimum tax withholding obligation" on restricted stock units that vested on December 15, 2025.

What transaction code was used in the Camden National (CAC) CEO Form 4?

The transaction is marked with code "F", indicating shares withheld to satisfy tax withholding obligations related to equity awards.

What role does the reporting person hold at Camden National Corp (CAC)?

The reporting person is identified as an Officer of Camden National Corp and is specifically listed as the CEO.
Camden Natl Corp

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