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CEO stock grant at Camden National Corp (CAC) under purchase plan

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

Rhea-AI Filing Summary

Camden National Corp CEO Simon Griffiths acquired 3,491 shares of common stock on March 5, 2026 through a grant under the company’s Management Stock Purchase Plan at a price of $34.58 per share. These shares will cliff-vest two years after the issuance date.

Following this award, Griffiths beneficially owns 34,766 shares, including 26,253 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Positive

  • None.

Negative

  • None.
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*
Griffiths Simon

(Last) (First) (Middle)
2 ELM STREET
P.O. BOX 310

(Street)
CAMDEN ME 04843

(City) (State) (Zip)
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)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/05/2026 A 3,491 A $34.58(1) 34,766(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. Shares purchased under the Third Amended and Restated Management Stock Purchase Plan ("MSPP") at a one-fourth discount of the Company's March 05, 2026 closing share price. These shares will cliff-vest two years after issuance date.
2. Includes 26,253 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA 03/09/2026
** 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.

FAQ

What did Camden National (CAC) CEO Simon Griffiths report in this Form 4?

Camden National CEO Simon Griffiths reported acquiring 3,491 shares of common stock on March 5, 2026. The shares were granted under the company’s Management Stock Purchase Plan at $34.58 per share and are scheduled to cliff-vest two years after issuance.

How many Camden National (CAC) shares does the CEO hold after this transaction?

After the March 5, 2026 award, CEO Simon Griffiths beneficially owns 34,766 Camden National common shares. This total includes 26,253 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions under the company’s equity compensation arrangements.

What is notable about the price and terms of the Camden National (CAC) CEO’s new shares?

The 3,491 Camden National shares were purchased under the Management Stock Purchase Plan at $34.58 per share, reflecting a one-fourth discount to the March 5, 2026 closing price. These shares are subject to cliff-vesting, becoming fully vested only two years after the issuance date.

What portion of the Camden National (CAC) CEO’s holdings are restricted after this award?

Of CEO Simon Griffiths’ 34,766 Camden National shares after the award, 26,253 are restricted stock units and restricted shares. These restricted holdings remain subject to vesting and forfeiture provisions, meaning they are not yet fully earned and may be lost if conditions are not met.

What is the Management Stock Purchase Plan mentioned in the Camden National (CAC) Form 4?

The Management Stock Purchase Plan referenced in the filing allows shares to be purchased at a one-fourth discount to the company’s closing share price. In this case, 3,491 shares were acquired under that plan and will cliff-vest, becoming fully owned only after two years from issuance.
Camden Natl Corp

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