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Camden National (CAC) EVP granted 551 RSUs vesting in 2026

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

Rhea-AI Filing Summary

Camden National Corp EVP Barbara Raths received a stock-based compensation award. She acquired 551 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan, at no cash price. The units are scheduled to vest on April 25, 2026, subject to continued employment.

Each restricted stock unit converts into one share of common stock at vesting. After this grant, she beneficially owns 8,496 shares of Camden National common stock, including 5,828 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Positive

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Negative

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Insider Raths Barbara
Role EVP
Type Security Shares Price Value
Grant/Award Common Stock 551 $0.00 --
Holdings After Transaction: Common Stock — 8,496 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 5,828 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
RSU grant size 551 shares Restricted stock units granted to EVP on March 27, 2026
Grant price $0.0000 per share Equity award received at no cash cost to EVP
Total shares owned after grant 8,496 shares Beneficial ownership following the March 27, 2026 transaction
Restricted units and shares included 5,828 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture
RSU vesting date April 25, 2026 Scheduled vesting date for the 551 restricted stock units
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
"Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"
vesting financial
"that is scheduled to vest on April 25, 2026, subject to continued employment"
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
"Includes 5,828 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*
Raths Barbara
(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)
EVP
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 Stock03/27/2026A551(1)A$08,496(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 5,828 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) EVP Barbara Raths report on this Form 4?

Barbara Raths reported receiving 551 restricted stock units as a stock-based compensation award. The grant is under Camden National’s 2023-2025 Long-Term Performance Share Plan and increases her total beneficial ownership to 8,496 common shares, including restricted units and restricted shares subject to vesting.

Is the Camden National (CAC) Form 4 transaction an open-market purchase or a grant?

The transaction is a grant, not an open-market purchase. Executive Vice President Barbara Raths received 551 restricted stock units at no cash price as part of a long-term incentive plan, reflecting compensation rather than a discretionary buy of Camden National common stock in the market.

When do the 551 restricted stock units granted to Camden National (CAC) EVP vest?

The 551 restricted stock units are scheduled to vest on April 25, 2026. Vesting is conditioned on continued employment through that date, and each vested unit entitles Executive Vice President Barbara Raths to receive one share of Camden National common stock at settlement.

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

After the grant, Barbara Raths beneficially owns 8,496 shares of Camden National common stock. This total includes 5,828 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions, in addition to any currently vested or unrestricted shares.

What plan governs the restricted stock unit grant reported by Camden National (CAC)?

The restricted stock unit grant is made under Camden National’s 2023-2025 Long-Term Performance Share Plan. This plan provides equity-based awards like restricted stock units that typically vest over time, aligning executive compensation with the company’s long-term performance and service requirements.