Camden National (CAC) EVP acquires 758 discounted shares under stock plan

Rhea-AI Filing Summary

Camden National Corp executive vice president David Ackley acquired 758 shares of common stock on March 5, 2026 at $34.58 per share under the company’s Management Stock Purchase Plan, bought at a one-fourth discount to the closing price. His direct holdings total about 12,281.958 shares, including 6,163 restricted stock units and restricted shares that will cliff-vest two years after issuance.

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

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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 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)
	EVP

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		758	A	$34.58(1)	12,281.958(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. 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 6,163 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) EVP David Ackley report in this Form 4?

David Ackley reported acquiring 758 shares of Camden National common stock. The shares were obtained under the Management Stock Purchase Plan at a one-fourth discount to the March 5, 2026 closing price and increase his total direct holdings to 12,281.958 shares.

At what price did David Ackley acquire Camden National (CAC) shares?

He acquired 758 Camden National common shares at $34.58 per share. The transaction occurred under the Third Amended and Restated Management Stock Purchase Plan at a one-fourth discount to the company’s March 5, 2026 closing share price, as described in the filing footnote.

How many Camden National (CAC) shares does David Ackley own after this transaction?

After the transaction, David Ackley directly owns 12,281.958 Camden National common shares. This figure includes 6,163 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions, reflecting both fully vested and unvested equity-based compensation awards.

What is the Management Stock Purchase Plan mentioned in Camden National’s Form 4?

The Third Amended and Restated Management Stock Purchase Plan lets executives purchase shares at a discount. In this case, shares were bought at a one-fourth discount to the March 5, 2026 closing price and will cliff-vest two years after the issuance date under the plan’s terms.

When will the newly acquired Camden National (CAC) shares vest for David Ackley?

The shares acquired under the Management Stock Purchase Plan will cliff-vest two years after their issuance date. Until vesting, they are subject to the plan’s restrictions, meaning Ackley’s ability to fully realize or transfer these shares is conditioned on meeting the time-based vesting requirement.