Camden National Corp (CAC) EVP receives 967 restricted stock units

Rhea-AI Filing Summary

Archer Michael R reported acquisition or exercise transactions in this Form 4 filing.

Camden National Corp EVP Michael R. Archer received a grant of 967 shares of common stock in the form of restricted stock units as compensation. These units were awarded at no cash cost and are scheduled to vest on April 25, 2026, if he remains employed through that date.

After this grant, Archer holds a total of 19,815.073 shares of common stock directly, including 9,157 restricted stock units and restricted shares that are still subject to vesting and forfeiture conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Archer Michael R

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	967	$0.00	--

Holdings After Transaction: Common Stock — 19,815.073 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 9,157 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Restricted stock units granted: 967 shares Total shares after transaction: 19,815.073 shares Unvested restricted units and shares: 9,157 shares +2 more

5 metrics

Restricted stock units granted 967 shares Grant of restricted stock units scheduled to vest on April 25, 2026

Total shares after transaction 19,815.073 shares Direct holdings of Michael R. Archer after the award

Unvested restricted units and shares 9,157 shares Restricted stock units and restricted shares subject to vesting and forfeiture

Award price per share $0.0000 per share Compensation grant, not an open-market purchase

Vesting date April 25, 2026 Scheduled vesting date for the 967 restricted stock units

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

"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"

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"

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^*

Archer Michael R

(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		967(1)	A	$0	19,815.073(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 9,157 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/31/2026
	** 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 Corp EVP Michael R. Archer report in this Form 4 for CAC?

Michael R. Archer reported receiving 967 restricted stock units of Camden National Corp common stock as a compensation grant. The units were awarded at no cash cost and will convert into shares if vesting conditions are satisfied.

When do Michael R. Archer’s new restricted stock units in CAC vest?

The 967 restricted stock units granted to Michael R. Archer are scheduled to vest on April 25, 2026. Vesting is contingent on his continued employment with Camden National Corp through that vesting date under the company’s long-term plan.

How many Camden National Corp shares does Michael R. Archer hold after this transaction?

Following this grant, Michael R. Archer directly holds 19,815.073 shares of Camden National Corp common stock. This total includes both unrestricted shares and 9,157 restricted stock units and restricted shares subject to vesting conditions.

What type of award did Michael R. Archer receive from Camden National Corp under its plan?

He received a grant of restricted stock units under Camden National Corp’s 2023-2025 Long-Term Performance Share Plan. Each unit represents the right to receive one share of common stock upon vesting, subject to service-based vesting and forfeiture provisions.

Did Michael R. Archer buy or sell CAC shares in the open market in this filing?

No open-market purchases or sales were reported. The Form 4 shows a grant or award acquisition of 967 restricted stock units at a price of $0.00, reflecting equity compensation rather than a market trade in Camden National Corp shares.