Camden National (CAC) EVP adds 760 shares in discounted stock plan grant

Rhea-AI Filing Summary

CAMDEN NATIONAL CORP EVP Garrett McKnight acquired additional company stock through a compensation plan. He received 760 shares of common stock on March 5, 2026 under the Management Stock Purchase Plan at a one-fourth discount to that day's closing price. These shares will cliff-vest two years after issuance. Following this award, he directly owns 5,081 shares, including 4,454 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

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^*

McKnight Garrett

(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		760	A	$34.58(1)	5,081(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 4,454 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 insider transaction did CAC EVP Garrett McKnight report?

CAC EVP Garrett McKnight reported acquiring 760 shares of Camden National common stock. The shares were obtained as part of a grant or award transaction classified as an acquisition and were purchased through the company’s Management Stock Purchase Plan at a discount to the closing share price.

How many Camden National (CAC) shares did Garrett McKnight acquire and at what price?

Garrett McKnight acquired 760 shares of Camden National common stock at a price of $34.58 per share. The acquisition was recorded as a grant or award under a company plan rather than an open-market purchase, reflecting a compensation-related share issuance.

What is the Management Stock Purchase Plan mentioned in the CAC Form 4?

The Management Stock Purchase Plan allows shares to be purchased at a one-fourth discount to the company’s closing share price on the purchase date. In this case, CAC shares were acquired on March 5, 2026 at a discounted price and are subject to future vesting conditions.

When will the newly acquired CAC shares for Garrett McKnight vest?

The newly acquired CAC shares will cliff-vest two years after their issuance date. Cliff vesting means none of these shares vest gradually; instead, the entire 760-share award becomes fully vested at the end of the two-year period, assuming conditions are satisfied.

How many Camden National (CAC) shares does Garrett McKnight own after this transaction?

After this transaction, Garrett McKnight directly owns 5,081 Camden National shares. This total includes 4,454 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions, so not all of these shares are currently fully vested or unrestricted.

Are all of Garrett McKnight’s CAC shares fully vested after this Form 4 transaction?

Not all of his CAC shares are fully vested. Of the 5,081 shares owned after the transaction, 4,454 are restricted stock units and restricted shares subject to vesting and forfeiture. The newly acquired 760 shares under the plan will also cliff-vest two years after issuance.