STOCK TITAN
  1. Home
  2. Sec-filings
  3. CAC
  4. [Form 4] CAMDEN NATIONAL CORP Insider Trading Activity

Camden National (CAC) EVP has 424 shares withheld to cover equity award taxes

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

Rhea-AI Filing Summary

CAMDEN NATIONAL CORP EVP Patricia A. Rose reported routine share withholdings to cover taxes on equity awards that vested. On April 24, 2026, a total of 424 shares of common stock were disposed of through tax-withholding transactions tied to restricted shares and restricted stock units.

The footnotes explain that 303 shares were withheld for minimum tax obligations on vested restricted shares and 121 shares were withheld for taxes on restricted stock units granted under the 2023-2025 Long-Term Performance Plan. Rose continues to hold directly owned shares along with 3,817 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Positive

  • None.

Negative

  • None.
Insider Rose Patricia A
Role EVP
Type Security Shares Price Value
Tax Withholding Common Stock 121 $49.68 $6K
Tax Withholding Common Stock 303 $49.68 $15K
Holdings After Transaction: Common Stock — 27,945.593 shares (Direct, null)
Footnotes (1)
  1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 25, 2026, using the April 24, 2026 price. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that were granted under the issuer's 2023-2025 Long-Term Performance Plan that vested on April 25, 2026, using the April 24, 2026 Price. Includes 3,817 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Shares withheld for restricted shares 303 shares Withheld to satisfy minimum tax withholding on vested restricted shares using April 24, 2026 price
Shares withheld for RSUs 121 shares Withheld to satisfy minimum tax withholding on vested RSUs under 2023-2025 Long-Term Performance Plan
Total tax-withholding shares 424 shares Aggregate shares withheld for tax obligations on April 24, 2026
Unvested RSUs and restricted shares 3,817 units/shares Restricted stock units and restricted shares still subject to vesting and forfeiture restrictions
Tax-withholding reference price $49.68 per share Issuer’s April 24, 2026 price used to determine tax-withholding share amounts
restricted stock units financial
"Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that were granted..."
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.
Long-Term Performance Plan financial
"restricted stock units that were granted under the issuer's 2023-2025 Long-Term Performance Plan that vested on April 25, 2026..."
tax withholding obligation financial
"Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested..."
Form 4 Insider Transactions: What Each Field Means →
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)
04/24/2026		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 Stock04/24/2026F121(1)D$49.6827,945.593D
Common Stock04/24/2026F303(2)D$49.6827,642.593(3)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. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 25, 2026, using the April 24, 2026 price.
2. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that were granted under the issuer's 2023-2025 Long-Term Performance Plan that vested on April 25, 2026, using the April 24, 2026 Price.
3. Includes 3,817 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA04/28/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CAC executive Patricia A. Rose report on this Form 4?

Patricia A. Rose reported a routine tax-withholding disposition of 424 shares of Camden National common stock. The shares were withheld by the company to satisfy minimum tax obligations when her restricted shares and restricted stock units vested, rather than sold in the open market.

How many CAC shares were withheld for Patricia A. Rose’s tax obligations?

A total of 424 shares of Camden National common stock were withheld to cover taxes. This consisted of 303 shares related to vested restricted shares and 121 shares tied to vested restricted stock units from the 2023-2025 Long-Term Performance Plan.

At what price were the CAC tax-withholding shares valued on the Form 4?

The withheld shares were valued at $49.68 per share, based on Camden National’s April 24, 2026 price. This price was used solely to calculate the number of shares needed to satisfy the minimum tax-withholding obligations on the vesting equity awards.

Does Patricia A. Rose still hold unvested CAC equity awards after this transaction?

Yes. The filing states that her holdings include 3,817 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions. These unvested awards are separate from the 424 shares withheld to pay taxes on recently vested equity.

Was Patricia A. Rose’s CAC Form 4 transaction an open-market sale of shares?

No. The Form 4 describes a tax-withholding disposition under code F, where shares were withheld by the issuer. According to the footnotes, the 424 shares were used to satisfy minimum tax obligations on vested restricted shares and restricted stock units, not sold on the market.