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Camden National (CAC) CEO receives 4,610-share equity award

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Form Type
4

Rhea-AI Filing Summary

Camden National Corp CEO Simon Griffiths received an equity grant of 4,610 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan. These units are scheduled to vest on April 25, 2026, contingent on continued employment through that date.

Each restricted stock unit converts into one share of common stock at vesting. After this grant, Griffiths holds 39,376 shares in total, including 30,634 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

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Insider Griffiths Simon
Role CEO
Type Security Shares Price Value
Grant/Award Common Stock 4,610 $0.00 --
Holdings After Transaction: Common Stock — 39,376 shares (Direct)
Footnotes (1)
  1. Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan that is scheduled to vest on April 25, 2026, subject to continued employment through the vesting date. Each restricted stock unit represents the right to receive one share of common stock at vesting. Includes 30,634 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Restricted stock units granted 4,610 units Grant under 2023-2025 Long-Term Performance Share Plan
Vesting date for new RSUs April 25, 2026 Scheduled vesting date subject to continued employment
Total shares after transaction 39,376 shares Holdings following RSU grant
Restricted units and shares outstanding 30,634 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture
Grant price per share $0.0000 per share Reported transaction price for RSU grant
restricted stock units financial
"Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023-2025 Long-Term Performance Share Plan financial
"grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"
vesting financial
"scheduled to vest on April 25, 2026, subject to continued employment through the vesting date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture restrictions financial
"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Griffiths Simon
(Last)(First)(Middle)
2 ELM STREET
P.O. BOX 310
(Street)
CAMDEN MAINE 04843
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
CAMDEN NATIONAL CORP [ CAC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/27/2026A4,610(1)A$039,376(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan that is scheduled to vest on April 25, 2026, subject to continued employment through the vesting date. Each restricted stock unit represents the right to receive one share of common stock at vesting.
2. Includes 30,634 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA03/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Camden National (CAC) CEO Simon Griffiths receive in this Form 4 filing?

Simon Griffiths received an equity grant of 4,610 restricted stock units. These units were granted as part of Camden National’s 2023-2025 Long-Term Performance Share Plan and will convert into common shares if the vesting conditions are satisfied, enhancing his long-term incentive compensation.

When do the 4,610 restricted stock units for Camden National (CAC) CEO vest?

The 4,610 restricted stock units are scheduled to vest on April 25, 2026. Vesting is conditioned on Griffiths remaining employed through that vesting date, aligning the award with continued service and long-term performance for Camden National shareholders.

How many Camden National (CAC) shares does CEO Simon Griffiths hold after this grant?

After this grant, Simon Griffiths holds a total of 39,376 Camden National shares. This amount includes time-based and performance-based awards, with a large portion still subject to vesting and forfeiture conditions under the company’s long-term incentive programs.

What portion of Camden National (CAC) CEO Simon Griffiths’ holdings are restricted?

Of the 39,376 shares reported after the transaction, 30,634 are restricted stock units and restricted shares. These instruments remain subject to vesting schedules and forfeiture restrictions, meaning they are tied to ongoing employment and specified performance or service conditions.

What plan governs the new restricted stock units for Camden National (CAC) CEO?

The new 4,610 restricted stock units were granted under Camden National’s 2023-2025 Long-Term Performance Share Plan. This plan delivers share-based awards that vest over time, helping link executive compensation to the company’s multi-year performance and executive retention.