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Camden National director granted 249 share award

CAMDEN NATIONAL CORP (CAC) reported that director Raina Maxwell received a grant of 249 shares of common stock on September 18, 2026 as a stock award in lieu of director fees under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CAMDEN NATIONAL CORP (CAC) reported that director Raina Maxwell received a grant of 249 shares of common stock on September 18, 2026 as a stock award in lieu of director fees under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment. The filing also notes an additional 28.935 shares accumulated since the prior report through participation in the company's dividend reinvestment program, bringing Maxwell's directly held common stock to a total of 4,310.753 shares after these acquisitions. No transactions are reported under a Rule 10b5-1 trading plan.

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Insider Maxwell Raina
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 249 $57.55 $14K
Holdings After Transaction: Common Stock — 4,310.753 shares (Direct)
Footnotes (2)
  1. F1. Shares acquired under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment in lieu of director fees.
  2. F2. Consists of 28.935 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
Stock award shares 249 shares Common stock granted to director Raina Maxwell on September 18, 2026
Grant valuation price per share $57.55 per share Valuation price for the 249-share stock award
Shares from dividend reinvestment program 28.935 shares Additional shares acquired since the last filing via DRIP
Total shares held after transaction 4,310.753 shares Director Raina Maxwell’s direct common stock holdings following the reported award and DRIP acquisitions
Equity and Incentive Plan financial
"Shares acquired under Camden National Corporation's 2022 Equity and Incentive Plan"
dividend reinvestment program financial
"participation in the Company's dividend reinvestment program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
director fees financial
"acquired ... in lieu of director fees"
Rule 10b5-1 trading plan regulatory
"No transactions are reported under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

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

What insider transaction did CAC disclose for director Raina Maxwell?

The filing reports that director Raina Maxwell received a grant of 249 shares of Camden National Corp common stock on September 18, 2026 as a stock award in lieu of director fees under the company’s 2022 Equity and Incentive Plan and Amendment.

At what price was the CAC stock award to Raina Maxwell valued?

The 249-share stock award to director Raina Maxwell was valued at $57.55 per share, as reported in the Form 4, reflecting the price used to measure the grant under Camden National Corp’s 2022 Equity and Incentive Plan and Amendment.

How many CAC shares does Raina Maxwell own after this reported transaction?

After the reported stock award and dividend reinvestment activity, director Raina Maxwell directly holds 4,310.753 shares of Camden National Corp common stock, according to the Form 4’s post-transaction holdings figure.

What role did Camden National Corp’s dividend reinvestment program play in Raina Maxwell’s CAC holdings?

The Form 4 states that Raina Maxwell acquired 28.935 shares of Camden National Corp common stock since the last filing through participation in the company’s dividend reinvestment program, which automatically reinvests cash dividends into additional shares.

Was the CAC insider transaction for Raina Maxwell executed under a Rule 10b5-1 plan?

No. The document-level checkbox for trades under a Rule 10b5-1 trading plan is not selected, indicating that the reported award and related acquisitions were not affirmed as being made under such a pre-arranged plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Maxwell Raina

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/18/2026A249(1)A$57.554,310.753(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares acquired under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment in lieu of director fees.
2. Consists of 28.935 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
Remarks:
Christopher G. Hutchinson, POA09/22/2026
** Signature of Reporting PersonDate
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)

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