Camden National EVP gets 1,105-share stock grant

Camden National Corp EVP Barbara Raths received an equity grant of 1,105 shares of common stock, reported as a restricted stock award under the company’s 2022 Equity and Incentive Plan and its amendment.

Rhea-AI Filing Summary

Camden National Corp EVP Barbara Raths received an equity grant of 1,105 shares of common stock, reported as a restricted stock award under the company’s 2022 Equity and Incentive Plan and its amendment. The award is compensation, not an open-market purchase, and is scheduled to vest pro-rata over the next three years, subject to her continued employment through each vesting date.

Each restricted stock award converts into one share of common stock at vesting. Following this grant, she directly holds a total of 9,341 shares of Camden National common stock, including 6,051 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Insider Trade Summary

Grant/Award: 1,105 shares

Grant/Award 1 txn

Insider Raths Barbara

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,105	$50.67	$56K

Holdings After Transaction: Common Stock — 9,341 shares (Direct)

Footnotes (2)

1. F1. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.
2. F2. Includes 6,051 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Restricted stock grant: 1,105 shares Grant price per share: $50.67/share Total shares after grant: 9,341 shares +2 more

5 metrics

Restricted stock grant 1,105 shares Grant of restricted stock awards to EVP on April 28, 2026

Grant price per share $50.67/share Reported value of restricted stock award

Total shares after grant 9,341 shares Direct holdings following the reported transaction

Unvested RSUs and restricted shares 6,051 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture

Vesting period 3 years Restricted stock awards vest pro-rata over the next three years

Key Terms

restricted stock awards, restricted stock units, vesting, forfeiture restrictions, +1 more

5 terms

restricted stock awards financial

"Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

restricted stock units financial

"Includes 6,051 restricted stock units and restricted shares that are subject to vesting"

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.

vesting financial

"scheduled to vest pro-rata over the next three years, subject to continued employment"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

forfeiture restrictions financial

"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"

2022 Equity and Incentive Plan financial

"grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment"

FAQ

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

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

Barbara Raths reported receiving 1,105 shares of Camden National common stock as a restricted stock award. The grant is part of the company’s 2022 Equity and Incentive Plan and represents compensation rather than an open-market stock purchase.

How do the 1,105 restricted shares granted to CAC’s EVP vest?

The 1,105 restricted stock awards are scheduled to vest pro-rata over the next three years. Vesting is conditioned on Barbara Raths’ continued employment through each vesting date, meaning the shares are earned gradually rather than all at once.

What is the reported value per share of the CAC restricted stock grant?

The restricted stock award to Barbara Raths is reported at a price of $50.67 per share. This figure is used for reporting purposes in the Form 4 and reflects the value assigned to the 1,105-share grant on the transaction date.

How many Camden National (CAC) shares does Barbara Raths hold after this grant?

After the restricted stock grant, Barbara Raths directly holds 9,341 shares of Camden National common stock. This total includes 6,051 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions.

Are the 1,105 CAC restricted shares an open-market purchase or compensation?

The 1,105 shares are a grant of restricted stock awards as compensation under Camden National’s 2022 Equity and Incentive Plan. They are not an open-market stock purchase, but equity granted by the company that vests over time with continued employment.

What are the 6,051 restricted stock units mentioned in the CAC Form 4?

The 6,051 figure represents restricted stock units and restricted shares that Barbara Raths already holds, which remain subject to vesting and forfeiture restrictions. These units will convert into common stock only as vesting conditions under prior grants are satisfied.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/30/2026 - 04:46 PM Learn about SEC filing dates

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^*

Raths Barbara

(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)
04/28/2026

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	04/28/2026		A		1,105(1)	A	$50.67	9,341(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. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.

2. Includes 6,051 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	04/30/2026
	** 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)