Tax withholding trims Camden National (CAC) SVP Brandon Boey’s share count

Rhea-AI Filing Summary

Camden National Corp senior vice president Brandon Y. Boey reported a small, routine tax-related share disposition. On March 10, 2026, 21 shares of common stock were withheld at $45.84 per share to satisfy minimum tax obligations on vested restricted stock units.

After this tax-withholding disposition, Boey directly holds 2,968 common shares and has 2,073 restricted stock units outstanding that remain subject to vesting and forfeiture conditions. The transaction does not reflect 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^*

Boey Brandon Y

(Last) (First) (Middle)

2 ELM STREET

PO 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)
	SVP

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		F		21(1)	D	$45.84	2,968(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 March 10, 2026.

2. Includes 2,073 restricted stock units that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/12/2026
	** 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 insider transaction did Camden National (CAC) report for Brandon Y. Boey?

Camden National reported a tax-related share disposition for SVP Brandon Y. Boey. On March 10, 2026, 21 shares of common stock were withheld to cover minimum tax obligations tied to vested restricted stock units.

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

No, the Form 4 does not show an open-market sale. The 21 shares were withheld by the company to satisfy Boey’s minimum tax withholding obligation on restricted stock units that vested on March 10, 2026.

How many Camden National (CAC) shares does Brandon Y. Boey hold after the transaction?

Following the March 10, 2026 tax-withholding transaction, Brandon Y. Boey directly holds 2,968 shares of Camden National common stock. He also has 2,073 restricted stock units outstanding, which are still subject to vesting and forfeiture conditions.

What does the 21-share tax withholding mean for Camden National (CAC) investors?

The 21-share tax withholding is a routine administrative event. It reflects shares withheld to pay taxes on vested restricted stock units for an executive and does not represent a discretionary buy or sell decision in the open market.

What restricted stock units does Brandon Y. Boey have with Camden National (CAC)?

Boey holds 2,073 restricted stock units that remain subject to vesting and forfeiture restrictions. These units represent potential future shares of Camden National common stock, contingent on meeting the specified vesting conditions over time.