Camden National Corp (CAC) EVP has 34 shares withheld for tax on RSUs

Rhea-AI Filing Summary

CAMDEN NATIONAL CORP executive David Ackley (EVP) reported a routine tax-withholding transaction related to equity compensation. On July 15, 2026, 34 shares of common stock were withheld at $54.16 per share to satisfy minimum tax obligations on restricted stock units that vested that day. Following this withholding, Ackley directly holds 13,359.958 shares of common stock, including 5,291 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ackley David

Role EVP

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	34	$54.16	$2K

Holdings After Transaction: Common Stock — 13,359.958 shares (Direct)

Footnotes (1)

1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on July 15, 2026. Includes 5,291 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Shares withheld for taxes: 34 shares Withholding price per share: $54.16 per share Shares held after transaction: 13,359.958 shares +2 more

5 metrics

Shares withheld for taxes 34 shares Common stock withheld on July 15, 2026 for tax withholding on vested RSUs

Withholding price per share $54.16 per share Value applied to the 34 withheld shares

Shares held after transaction 13,359.958 shares Direct common stock holdings following the tax-withholding disposition

Restricted and RSU shares 5,291 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture

Tax withholding shares (summary) 34 shares TaxWithholdingShares reported in transaction summary

Key Terms

restricted stock units, tax withholding obligation, vesting and forfeiture restrictions

3 terms

restricted stock units financial

"Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested"

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.

tax withholding obligation financial

"Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units"

vesting and forfeiture restrictions financial

"Includes 5,291 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 03:53 PM Accepted by SEC EDGAR 07/17/2026 - 03:52 PM Learn about SEC filing dates

FAQ

What insider transaction did Camden National (CAC) EVP David Ackley report?

David Ackley reported a tax-withholding disposition on July 15, 2026, where 34 shares of Camden National common stock were withheld to cover minimum taxes on vested restricted stock units, rather than an open-market sale.

How many Camden National (CAC) shares were withheld for taxes?

A total of 34 shares of Camden National common stock were withheld. These shares covered the minimum tax withholding obligation arising when Ackley’s restricted stock units vested on July 15, 2026.

At what price were the withheld Camden National (CAC) shares valued?

The 34 withheld shares were valued at $54.16 per share. This per-share value is used solely for the tax-withholding calculation tied to the vesting of restricted stock units.

How many Camden National (CAC) shares does David Ackley hold after the transaction?

After the tax withholding, Ackley directly holds 13,359.958 shares of Camden National common stock. This figure includes both fully vested shares and certain restricted stock units and restricted shares.

How many of David Ackley’s Camden National (CAC) shares are still restricted or unvested?

Ackley’s holdings include 5,291 restricted stock units and restricted shares. These securities remain subject to vesting schedules and forfeiture restrictions, meaning they are not yet fully unrestricted common shares.

Was the Camden National (CAC) EVP’s transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. The disposition is characterized specifically as shares withheld to satisfy tax obligations on vested restricted stock units.

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^*

Ackley David

(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)
07/15/2026

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	07/15/2026		F		34(1)	D	$54.16	13,359.958(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 July 15, 2026.

2. Includes 5,291 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	07/17/2026
	** 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)