STOCK TITAN

Camden National (CAC) director awarded shares, shifts holdings to trust

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

Rhea-AI Filing Summary

CAMDEN NATIONAL CORP director Larry K. Haynes reported routine equity and ownership updates. On June 1, 2026, he acquired 919 shares of Common Stock at no cost as a stock grant under the Independent Directors' Equity Compensation Program, which vested immediately.

On May 11, 2026, 3,217.888 shares of Common Stock were moved from his direct holdings into a revocable trust, where he serves as trustee and retains voting and dispositive power, so there was no change in his beneficial ownership. Footnotes also note 33.057 additional shares accumulated since the last filing through the company’s dividend reinvestment program.

Positive

  • None.

Negative

  • None.
Insider Haynes Larry K
Role null
Type Security Shares Price Value
Grant/Award Common Stock 919 $0.00 --
Other Common Stock 3,217.888 $0.00 --
Other Common Stock 3,217.888 $0.00 --
Holdings After Transaction: Common Stock — 919 shares (Direct, null); Common Stock — 3,217.888 shares (Indirect, By Revocable Trust)
Footnotes (1)
  1. Represents a transfer of shares to a revocable trust. The reporting person is trustee of the revocable trust and retains voting and dispositive power; no change in beneficial ownership. Consists of 33.057 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program. Shares granted under the Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan and Amendment; therefore, price is N/A. These shares vested immediately on the date of the grant.
Director stock grant 919 shares Common Stock grant on June 1, 2026 at $0.00 per share
Trust transfer 3,217.888 shares Common Stock transferred to revocable trust on May 11, 2026
Restructuring shares total 6,435.776 shares Shares involved in restructuring-type transactions noted in the summary
Dividend reinvestment accumulation 33.057 shares Shares acquired since last filing via dividend reinvestment program
Direct holdings after grant 919 shares Total direct Common Stock reported following the June 1, 2026 grant
Indirect trust holdings 3,217.888 shares Total Common Stock held indirectly by revocable trust after May 11, 2026
revocable trust financial
"Represents a transfer of shares to a revocable trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
dividend reinvestment program financial
"shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
Independent Directors' Equity Compensation Program financial
"Shares granted under the Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan"
2022 Equity and Incentive Plan financial
"a component of the 2022 Equity and Incentive Plan and Amendment"
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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*
Haynes Larry K

(Last)(First)(Middle)
2 ELM STREET

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock05/11/2026J(1)3,217.888(2)D$00D
Common Stock05/11/2026J(1)3,217.888A$03,217.888IBy Revocable Trust
Common Stock06/01/2026A919A$0(3)919D
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. Represents a transfer of shares to a revocable trust. The reporting person is trustee of the revocable trust and retains voting and dispositive power; no change in beneficial ownership.
2. Consists of 33.057 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
3. Shares granted under the Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan and Amendment; therefore, price is N/A. These shares vested immediately on the date of the grant.
Remarks:
Christopher G. Hutchinson, POA06/03/2026
** 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)

FAQ

What insider transactions did CAC director Larry K. Haynes report?

Larry K. Haynes reported a 919-share stock grant and a restructuring transfer of 3,217.888 shares to a revocable trust. The grant was compensation, and the trust transfer did not change his overall beneficial ownership according to the filing footnotes.

Was the Camden National (CAC) director’s Form 4 transaction a market purchase or sale?

The Form 4 shows no market purchases or sales. It reports a 919-share stock grant at no cost and an internal transfer of 3,217.888 shares to a revocable trust, with the filing stating there was no change in beneficial ownership.

How many Camden National (CAC) shares did the director receive as an equity award?

He received 919 shares of Common Stock as a grant under the Independent Directors' Equity Compensation Program. The filing states these shares were granted at no price and vested immediately on the grant date as part of director compensation.

What is the significance of the revocable trust in the CAC Form 4 filing?

The filing explains that 3,217.888 shares were transferred to a revocable trust, with Haynes as trustee. He retains voting and dispositive power over those shares, so the transaction represents an ownership restructuring rather than a change in his beneficial ownership position.

Did dividend reinvestment affect the CAC director’s share count in this Form 4?

Yes. A footnote states that 33.057 shares were acquired since the last filing through participation in Camden National’s dividend reinvestment program, gradually increasing his holdings via automatic reinvestment of dividends into additional Common Stock.