Camden National (CAC) SVP covers RSU taxes with withheld shares

Rhea-AI Filing Summary

Camden National Corp senior vice president Brandon Y. Boey reported a small tax-withholding transaction in company stock. On January 15, 2026, 18 shares of common stock were withheld at a price of $45.68 per share to satisfy minimum tax obligations tied to restricted stock units that vested on that date. Following this transaction, Boey beneficially owns 2,373 shares of Camden National common stock, which includes 1,860 restricted stock units 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

OMB APPROVAL

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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^*

Boey Brandon Y

(Last) (First) (Middle)

2 ELM STREET

PO 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)
	SVP

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		F		18(1)	D	$45.68	2,373(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. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on January 15, 2026.

2. Includes 1,860 restricted stock units that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	01/20/2026
	** 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 in this Form 4?

The Form 4 reports that SVP Brandon Y. Boey had 18 shares of Camden National common stock withheld on January 15, 2026 to cover taxes on vested restricted stock units.

What was the price of the Camden National (CAC) shares withheld for taxes?

The 18 shares of Camden National common stock were withheld at a price of $45.68 per share in connection with the tax withholding on vested restricted stock units.

How many Camden National (CAC) shares does the SVP own after this transaction?

After the withholding transaction, SVP Brandon Y. Boey beneficially owns 2,373 shares of Camden National common stock.

How many restricted stock units does the Camden National (CAC) SVP still hold?

The beneficial ownership total includes 1,860 restricted stock units that are still subject to vesting and forfeiture restrictions.

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

No. The Form 4 indicates the transaction code F, and the footnote explains that the 18 shares were withheld to satisfy minimum tax withholding obligations on vested restricted stock units.

What is the reporting persons role at Camden National (CAC)?

The reporting person, Brandon Y. Boey, is an officer of Camden National Corp with the title Senior Vice President (SVP).