Camden National (CAC) EVP awarded 725 RSUs under 2023-2025 plan

Rhea-AI Filing Summary

Camden National Corp EVP David Ackley received an equity grant of 725 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan. The units are scheduled to vest on April 25, 2026, if he remains employed through that date, and each unit converts into one share of common stock at vesting.

After this award, Ackley directly holds a total of 12,846.958 shares of common stock, which includes 6,150 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. This is a compensation-related, non‑open‑market acquisition rather than a market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ackley David

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	725	$0.00	--

Holdings After Transaction: Common Stock — 12,846.958 shares (Direct)

Footnotes (1)

1. Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan that is scheduled to vest on April 25, 2026, subject to continued employment through the vesting date. Each restricted stock unit represents the right to receive one share of common stock at vesting. Includes 6,150 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Restricted stock units granted: 725 units Vesting date: April 25, 2026 Total shares after transaction: 12,846.958 shares +1 more

4 metrics

Restricted stock units granted 725 units Grant to EVP David Ackley on March 27, 2026

Vesting date April 25, 2026 Scheduled vesting for 725 restricted stock units

Total shares after transaction 12,846.958 shares Direct holdings following the award

Unvested restricted units and shares 6,150 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture

Key Terms

restricted stock units, 2023-2025 Long-Term Performance Share Plan, vesting, forfeiture restrictions

4 terms

restricted stock units financial

"Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"

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.

2023-2025 Long-Term Performance Share Plan financial

"Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"

vesting financial

"scheduled to vest on April 25, 2026, subject to continued employment through the vesting date"

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

"Includes 6,150 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"

Form 4 Insider Transactions: What Each Field Means →

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)
03/27/2026

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	03/27/2026		A		725(1)	A	$0	12,846.958(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. Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan that is scheduled to vest on April 25, 2026, subject to continued employment through the vesting date. Each restricted stock unit represents the right to receive one share of common stock at vesting.

2. Includes 6,150 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/30/2026
	** 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)

FAQ

What did Camden National (CAC) EVP David Ackley report on this Form 4?

EVP David Ackley reported receiving 725 restricted stock units as an equity award. These units were granted under Camden National’s 2023-2025 Long-Term Performance Share Plan and increase his total direct holdings to 12,846.958 shares, including other restricted stock units and restricted shares subject to vesting.

How many Camden National (CAC) shares does David Ackley hold after this grant?

After the reported grant, David Ackley directly holds 12,846.958 shares of Camden National common stock. This total includes 6,150 restricted stock units and restricted shares that are still subject to vesting and forfeiture conditions, reflecting both fully vested and unvested equity-based compensation.

What are the terms of the 725 restricted stock units granted to Camden National’s EVP?

The 725 restricted stock units are scheduled to vest on April 25, 2026, subject to David Ackley’s continued employment through that date. Each unit represents the right to receive one share of Camden National common stock when vesting occurs, making this a compensation award rather than a cash transaction.

Is the Camden National (CAC) Form 4 transaction a market purchase or a compensation award?

The Form 4 reports a compensation-related equity award, not a market purchase. Code "A" identifies the transaction as a grant or other acquisition, and footnotes confirm it is a grant of restricted stock units under the 2023-2025 Long-Term Performance Share Plan with vesting and forfeiture conditions.

When will the newly granted Camden National restricted stock units vest for EVP David Ackley?

The 725 newly granted restricted stock units are scheduled to vest on April 25, 2026. Vesting is contingent on David Ackley’s continued employment with Camden National through that vesting date, at which point each unit will convert into one share of the company’s common stock.