Camden National EVP reports tax-withheld share dispositions

Camden National Corp executive Barbara Raths reported routine tax-withholding share dispositions tied to restricted stock vesting.

Rhea-AI Filing Summary

Camden National Corp executive Barbara Raths reported routine tax-withholding share dispositions tied to restricted stock vesting. On April 29, 2026, 131 shares of common stock were withheld at $47.97 per share, and on April 30, 2026, 104 shares were withheld at $48.17 per share to cover minimum tax obligations on vested restricted shares. After these non‑market transactions, she directly owned 9,106 common shares, and her holdings also include 5,252 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Insider Trade Summary

Exercise Price or Tax Liability: 235 shares

Exercise Price or Tax Liability 2 txns

Insider Raths Barbara

Role EVP

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	104	$48.17	$5K
Exercise Price or Tax Liability	Common Stock	131	$47.97	$6K

Holdings After Transaction: Common Stock — 9,106 shares (Direct)

Footnotes (3)

1. F1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 29, 2026.
2. F2. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 30, 2026.
3. F3. Includes 5,252 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

Tax-withheld shares Apr 29 2026: 131 shares at $47.97 Tax-withheld shares Apr 30 2026: 104 shares at $48.17 Total tax-withheld shares: 235 shares +2 more

5 metrics

Tax-withheld shares Apr 29 2026 131 shares at $47.97 Common stock withheld to satisfy tax on vested restricted shares

Tax-withheld shares Apr 30 2026 104 shares at $48.17 Common stock withheld to satisfy tax on vested restricted shares

Total tax-withheld shares 235 shares Sum of F-code tax-withholding dispositions in this filing

Shares held after transactions 9,106 shares Direct common stock ownership after April 30, 2026 disposition

Restricted stock units and shares 5,252 units/shares Subject to vesting and forfeiture restrictions per footnote

Key Terms

restricted shares, restricted stock units, tax withholding obligation, Form 4

4 terms

restricted shares financial

"restricted shares that vested on April 29, 2026"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

restricted stock units financial

"Includes 5,252 restricted stock units and restricted shares"

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.

tax withholding obligation financial

"shares withheld in order to satisfy the minimum tax withholding obligation"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Camden National (CAC) EVP Barbara Raths report in this Form 4?

Barbara Raths reported share dispositions for tax withholding related to restricted stock vesting. A total of 235 Camden National common shares were withheld over two days to satisfy minimum tax obligations, rather than sold in open-market transactions.

How many Camden National (CAC) shares were withheld for Barbara Raths’ taxes?

A total of 235 common shares of Camden National were withheld. This included 131 shares on April 29, 2026 at $47.97 per share and 104 shares on April 30, 2026 at $48.17 per share, all to satisfy tax obligations.

Were Barbara Raths’ Camden National (CAC) transactions open-market sales?

No, the filing describes tax-withholding dispositions, not market sales. Shares were withheld by the company to pay minimum tax due on restricted shares that vested on April 29 and April 30, 2026, instead of being sold on the open market.

How many Camden National (CAC) shares does Barbara Raths hold after these transactions?

Following the April 30, 2026 tax-withholding disposition, Barbara Raths directly owned 9,106 common shares of Camden National. In addition, a footnote states she holds 5,252 restricted stock units and restricted shares that are still subject to vesting and forfeiture conditions.

What do the restricted stock footnotes mean for Camden National (CAC) EVP Barbara Raths?

The footnotes explain that some holdings are restricted, meaning 5,252 units and shares are subject to vesting and forfeiture terms. They also clarify that the reported 235-share dispositions were strictly to satisfy minimum tax withholding obligations on restricted shares that vested on specific April 2026 dates.

How is the Form 4 transaction code F used in this Camden National (CAC) filing?

In this filing, code F indicates payment of tax liability by delivering securities. For Barbara Raths, the F-coded entries show Camden National withheld 235 common shares in total to cover minimum tax on restricted shares that vested on April 29 and April 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/01/2026 - 04:08 PM Learn about SEC filing dates

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^*

Raths Barbara

(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)
04/29/2026

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	04/29/2026		F		131(1)	D	$47.97	9,210	D
Common Stock	04/30/2026		F		104(2)	D	$48.17	9,106(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)
				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 shares that vested on April 29, 2026.

2. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted shares that vested on April 30, 2026.

3. Includes 5,252 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	05/01/2026
	** 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)