Tax withholding trims Camden National (CAC) EVP share count

Rhea-AI Filing Summary

Camden National Corp executive Barbara Raths reported a small tax-related share disposition. On restricted stock units that vested on March 13, 2026, 63 shares of common stock were withheld at $45.48 per share to cover minimum tax obligations, rather than sold on the open market.

After this withholding, Raths holds 7,945 shares directly, including 5,324 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. The filing reflects routine compensation and tax treatment rather than a discretionary buy or sell decision.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Raths Barbara

Role EVP

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	63	$45.48	$3K

Holdings After Transaction: Common Stock — 7,945 shares (Direct)

Footnotes (1)

1. Consists of shares withheld in order to satisfy the minimum tax withholding obligation on restricted stock units that vested on March 13, 2026. Includes 5,324 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Raths Barbara

(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)
03/13/2026

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	03/13/2026		F		63(1)	D	$45.48	7,945(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 March 13, 2026.

2. Includes 5,324 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/17/2026
	** 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 Barbara Raths?

Camden National reported that EVP Barbara Raths had 63 common shares withheld at $45.48 per share to satisfy minimum tax obligations on restricted stock units that vested on March 13, 2026, rather than selling shares in the open market.

Was the Camden National (CAC) EVP Barbara Raths Form 4 a share sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Sixty-three shares were withheld by the company to cover minimum tax obligations on vested restricted stock units, a common administrative step in equity compensation.

How many Camden National (CAC) shares does EVP Barbara Raths hold after this Form 4?

After the tax withholding, EVP Barbara Raths directly holds 7,945 shares of Camden National common stock. This total includes 5,324 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions.

What does the 63-share tax withholding mean for Camden National (CAC) investors?

The 63-share withholding at $45.48 per share is a routine tax settlement on vested restricted stock units. It does not represent a discretionary share sale and typically carries limited informational value about the executive’s view of Camden National’s prospects.

What equity awards are outstanding for Camden National (CAC) EVP Barbara Raths?

Following the reported tax withholding, EVP Barbara Raths’ holdings include 5,324 restricted stock units and restricted shares. These awards remain subject to vesting and forfeiture conditions, meaning she does not yet fully own them free of restrictions.