Camden National (CAC) EVP granted 896 restricted stock units, now holds 28.7K shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

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

Camden National Corp executive vice president Renee Smyth received a grant of 896 restricted stock units as equity compensation. These units were awarded at no cash cost and are scheduled to vest on April 25, 2026, contingent on continued employment. Following this grant, Smyth directly holds 28,733.604 shares of common stock, including 6,925 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smyth Renee

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	896	$0.00	--

Holdings After Transaction: Common Stock — 28,733.604 shares (Direct)

Footnotes (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 6,925 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Key Figures

RSU grant size: 896 units Post-transaction holdings: 28,733.604 shares Unvested equity: 6,925 units/shares +2 more

5 metrics

RSU grant size 896 units Restricted stock units granted to EVP Renee Smyth

Post-transaction holdings 28,733.604 shares Common stock directly held after award

Unvested equity 6,925 units/shares Restricted stock units and restricted shares subject to vesting

Vesting date April 25, 2026 Scheduled vesting for 896 newly granted RSUs

Grant price $0.0000 per share Equity compensation granted at no purchase cost

Key Terms

restricted stock units, 2023-2025 Long-Term Performance Share Plan, vesting, forfeiture restrictions

4 terms

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.

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

"Includes 6,925 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 08:40 AM

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^*

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)

	Director	10% Owner
X	Officer (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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/27/2026		A		896⁽¹⁾	A	$0	28,733.604⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 6,925 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.

Remarks:

	Christopher G. Hutchinson, POA	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Camden National Corp (CAC) disclose about Renee Smyth’s recent equity award?

Camden National Corp disclosed that executive vice president Renee Smyth received 896 restricted stock units as an equity grant. The award carries no purchase price and represents additional compensation in the form of company common stock, subject to future vesting requirements.

When do Renee Smyth’s newly granted Camden National Corp (CAC) restricted stock units vest?

The 896 restricted stock units granted to Renee Smyth are scheduled to vest on April 25, 2026. Vesting is conditioned on her continued employment with Camden National Corp through that date, aligning the award with longer-term service and performance under the company’s incentive plan.

How many Camden National Corp (CAC) shares does Renee Smyth hold after this Form 4 transaction?

After the grant, Renee Smyth directly holds 28,733.604 shares of Camden National Corp common stock. This total includes both unrestricted shares and 6,925 restricted stock units and restricted shares that remain subject to vesting and potential forfeiture conditions under existing award agreements.

What plan governs the new restricted stock unit grant at Camden National Corp (CAC)?

The 896-unit grant to Renee Smyth was made under Camden National Corp’s 2023-2025 Long-Term Performance Share Plan. Each restricted stock unit represents the right to receive one share of common stock upon vesting, linking executive compensation to the company’s longer-term performance goals.

Does Renee Smyth’s Form 4 for Camden National Corp (CAC) involve any stock sales?

The Form 4 shows only an acquisition of 896 restricted stock units for Renee Smyth and no stock sales. The transaction is coded as a grant or award, meaning it is compensation-related rather than an open-market purchase or sale of Camden National Corp common stock.