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Camden National (CAC) EVP has 53 shares withheld for taxes, holds 27K+ shares

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

Rhea-AI Filing Summary

Camden National Corp EVP Patricia A. Rose had 53 shares of common stock withheld on March 6, 2026 to cover minimum tax obligations on Management Stock Purchase Plan shares that vested on March 7, 2026. After this tax-withholding disposition, she directly holds 27,037.593 shares, including 4,882 restricted units/shares and 147.182 shares from dividend reinvestment.

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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*
Rose Patricia A

(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)
03/06/2026
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 03/06/2026 F 53(1) D $45.92 27,037.593(2)(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 the Management Stock Purchase Plan ("MSPP") shares that vested on March 7, 2026, using the March 6, 2026 price.
2. Includes 4,882 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
3. Includes 147.182 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
Remarks:
Christopher G. Hutchinson, POA 03/10/2026
** 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 insider transaction did Camden National (CAC) report for EVP Patricia A. Rose?

Camden National reported a tax-related share withholding for EVP Patricia A. Rose. On March 6, 2026, 53 common shares were withheld to satisfy minimum tax on Management Stock Purchase Plan shares that vested on March 7, 2026, rather than sold in the open market.

Was the Camden National (CAC) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 53 shares were withheld by the company to cover minimum tax obligations tied to vested Management Stock Purchase Plan shares, making it a routine tax-withholding disposition instead of a discretionary sale for cash.

How many Camden National (CAC) shares does EVP Patricia A. Rose hold after the transaction?

After the transaction, EVP Patricia A. Rose holds 27,037.593 shares. This total includes 4,882 restricted stock units and restricted shares subject to vesting and forfeiture, as well as 147.182 shares accumulated through participation in Camden National’s dividend reinvestment program.

What triggered the tax withholding reported in Camden National (CAC) EVP’s Form 4?

The tax withholding was triggered by vesting of Management Stock Purchase Plan shares. On March 7, 2026, MSPP shares vested, and 53 shares were withheld the prior day using the March 6, 2026 price to satisfy minimum tax withholding obligations for EVP Patricia A. Rose.

How many shares in the Camden National (CAC) Form 4 were related to dividend reinvestment?

The filing notes 147.182 shares acquired through dividend reinvestment. These shares were accumulated since the last filing under Camden National’s dividend reinvestment program and are included in EVP Patricia A. Rose’s total direct holdings after the reported tax-withholding transaction.
Camden Natl Corp

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