STOCK TITAN

Camden National (CAC) EVP receives 1,281 restricted stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rose Patricia A reported acquisition or exercise transactions in this Form 4 filing.

Camden National Corp EVP Patricia A. Rose received a grant of 1,281 shares of common stock valued at $50.67 per share. The award is in the form of restricted stock under the company’s 2022 Equity and Incentive Plan and its amendment.

The restricted shares are scheduled to vest pro-rata over the next three years, conditioned on continued employment through each vesting date. After this grant, Rose directly holds a total of 28,923.593 common shares, including 5,098 restricted stock units and restricted shares that remain subject to vesting and forfeiture terms.

Positive

  • None.

Negative

  • None.
Insider Rose Patricia A
Role EVP
Type Security Shares Price Value
Grant/Award Common Stock 1,281 $50.67 $65K
Holdings After Transaction: Common Stock — 28,923.593 shares (Direct, null)
Footnotes (1)
  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. Includes 5,098 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Restricted stock grant 1,281 shares Grant of common stock on April 28, 2026
Grant reference price $50.67 per share Value used for the restricted stock award
Total holdings after grant 28,923.593 shares Direct common stock holdings following the transaction
Unvested restricted units/shares 5,098 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture
Vesting period Three years Restricted stock vests pro-rata over the next three years
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.
2022 Equity and Incentive Plan financial
"grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment"
vest pro-rata financial
"that are scheduled to vest pro-rata over the next three years"
restricted stock units financial
"Includes 5,098 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.
forfeiture restrictions financial
"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"
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*
Rose Patricia A

(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)
Director10% Owner
XOfficer (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)
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 Stock04/28/2026A1,281(1)A$50.6728,923.593(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. 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 5,098 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA04/30/2026
** 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)

FAQ

What insider transaction did Camden National Corp (CAC) report for Patricia A. Rose?

Camden National Corp reported that EVP Patricia A. Rose received a grant of 1,281 shares of common stock. The grant is a restricted stock award under the 2022 Equity and Incentive Plan and will vest over time, rather than being an open-market purchase or sale.

How many shares did Camden National Corp EVP Patricia A. Rose acquire in this Form 4 filing?

Patricia A. Rose acquired 1,281 shares of Camden National Corp common stock. These were granted as restricted stock awards at a reference value of $50.67 per share and are scheduled to vest in installments over three years, subject to continued employment conditions.

What are the vesting terms of the restricted stock granted to CAC executive Patricia A. Rose?

The restricted stock granted to Patricia A. Rose is scheduled to vest pro-rata over the next three years. Vesting depends on her continued employment through each vesting date. Each restricted share converts into one share of common stock upon vesting under the plan’s terms.

What is Patricia A. Rose’s total shareholding in Camden National Corp after this grant?

After this grant, Patricia A. Rose holds 28,923.593 shares of Camden National Corp common stock directly. This total includes 5,098 restricted stock units and restricted shares that are still subject to vesting and forfeiture restrictions, reflecting both fully vested and unvested equity.

Is the Form 4 transaction for Camden National Corp EVP Patricia A. Rose a market purchase or a compensation award?

The Form 4 shows a compensation-related equity award, not a market purchase. The 1,281 shares were granted as restricted stock under the 2022 Equity and Incentive Plan, with vesting over three years, rather than being bought on the open market at the executive’s discretion.