STOCK TITAN

Camden National (NASDAQ: CAC) EVP awarded new restricted stock grant

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

Rhea-AI Filing Summary

Smyth Renee reported acquisition or exercise transactions in this Form 4 filing.

Camden National Corp executive Renee Smyth received a routine equity grant in company stock. She was awarded 1,174 shares of common stock on April 28, 2026 at a grant value of $50.67 per share under the 2022 Equity and Incentive Plan and its amendment.

The award consists of restricted stock scheduled to vest pro-rata over the next three years, subject to continued employment. After this grant, Smyth directly holds 29,538.604 shares of common stock, which includes 6,844 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Positive

  • None.

Negative

  • None.
Insider Smyth Renee
Role EVP
Type Security Shares Price Value
Grant/Award Common Stock 1,174 $50.67 $59K
Holdings After Transaction: Common Stock — 29,538.604 shares (Direct, null)
Footnotes (1)
  1. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting. Includes 6,844 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Restricted stock grant 1,174 shares Restricted stock award on April 28, 2026
Grant value per share $50.67 per share Assigned value for the restricted stock award
Total shares after grant 29,538.604 shares Direct ownership following the April 28, 2026 grant
Restricted units and shares 6,844 units/shares Restricted stock units and restricted shares subject to vesting and forfeiture
Vesting period Three years Restricted stock vests pro-rata over the next three years
restricted stock awards financial
"Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
2022 Equity and Incentive Plan financial
"under the issuer's 2022 Equity and Incentive Plan and Amendment"
restricted stock units financial
"Includes 6,844 restricted stock units and restricted shares"
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.
vesting and forfeiture restrictions financial
"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"
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*
Smyth Renee

(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)
04/28/2026
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 Stock04/28/2026A1,174(1)A$50.6729,538.604(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 awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.
2. Includes 6,844 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Remarks:
Christopher G. Hutchinson, POA04/30/2026
** 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)

FAQ

What insider transaction did CAMDEN NATIONAL CORP (CAC) report for Renee Smyth?

CAMDEN NATIONAL CORP reported that EVP Renee Smyth received a grant of 1,174 shares of common stock. The grant is in the form of restricted stock awards that vest over time as part of her equity compensation package.

Was the CAMDEN NATIONAL CORP (CAC) Form 4 transaction a stock purchase or a grant?

The Form 4 shows a grant, not an open-market purchase. Code "A" indicates an award or other acquisition, and the footnote specifies a restricted stock grant under the 2022 Equity and Incentive Plan and its amendment.

How many CAMDEN NATIONAL CORP (CAC) shares does Renee Smyth hold after this transaction?

After the restricted stock grant, Renee Smyth directly holds 29,538.604 shares of CAMDEN NATIONAL CORP common stock. This total includes both fully vested shares and restricted stock units or restricted shares subject to future vesting conditions.

What are the vesting terms of Renee Smyth’s new CAMDEN NATIONAL CORP restricted stock award?

The restricted stock award is scheduled to vest pro-rata over the next three years. Vesting is contingent on Renee Smyth’s continued employment through each vesting date, aligning compensation with long-term service and performance.

How many restricted CAMDEN NATIONAL CORP (CAC) shares and units does Renee Smyth now have?

Renee Smyth’s holdings include 6,844 restricted stock units and restricted shares. These equity awards are still subject to vesting and forfeiture restrictions, meaning they must satisfy time-based or service conditions before fully vesting.