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Camden National Corp (CAC) EVP granted 545 restricted stock units

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Form Type
4

Rhea-AI Filing Summary

Camden National Corp executive vice president Garrett McKnight received an equity award of 545 restricted stock units of common stock. The grant was made at no cash cost and is scheduled to vest on April 25, 2026, subject to continued employment through that date.

Each restricted stock unit converts into one share of common stock at vesting. After this award, McKnight directly holds 5,626 shares, including 4,947 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.

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Insider McKnight Garrett
Role EVP
Type Security Shares Price Value
Grant/Award Common Stock 545 $0.00 --
Holdings After Transaction: Common Stock — 5,626 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 4,947 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
RSU grant size 545 shares Restricted stock units granted to EVP on March 27, 2026
Total shares after grant 5,626 shares Direct holdings following the reported transaction
Unvested restricted stock/RSUs 4,947 shares Restricted stock units and restricted shares subject to vesting/forfeiture
Vesting date April 25, 2026 Scheduled vesting date for the 545 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
"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 4,947 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*
McKnight Garrett
(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 Stock03/27/2026A545(1)A$05,626(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 4,947 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 transaction did CAC executive Garrett McKnight report on this Form 4?

Garrett McKnight reported an award of 545 restricted stock units of Camden National Corp common stock. The grant is a compensation-related equity award, not an open-market purchase, and was received at no cash cost to the executive.

What are the vesting terms of Garrett McKnight’s new CAC restricted stock units?

The 545 restricted stock units are scheduled to vest on April 25, 2026, provided McKnight remains employed through that date. At vesting, each unit delivers one share of Camden National Corp common stock, turning the award into actual share ownership.

How many Camden National Corp shares does Garrett McKnight hold after this award?

Following the grant, McKnight directly holds 5,626 shares of Camden National Corp common stock. This total includes 4,947 restricted stock units and restricted shares that are still subject to vesting schedules and potential forfeiture conditions.

Is Garrett McKnight’s CAC Form 4 transaction a market buy or a compensation grant?

The filing reflects a compensation-related grant, not a market purchase. Code “A” and a zero transaction price indicate McKnight received 545 restricted stock units as part of Camden National Corp’s 2023-2025 Long-Term Performance Share Plan.

What plan governs Garrett McKnight’s new CAC restricted stock unit grant?

The grant was made under Camden National Corp’s 2023-2025 Long-Term Performance Share Plan. Under this plan, McKnight’s 545 restricted stock units will vest on April 25, 2026, subject to continued employment and standard vesting and forfeiture provisions.