Smyth Renee 4

What Happened
Renee Smyth, Executive Vice President of Camden National Corp (CAC), had 46 shares withheld (disposed) to satisfy tax withholding related to Management Stock Purchase Plan (MSPP) shares that vested. The withholding used a price of $45.92 per share on 2026-03-06, totaling approximately $2,112. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-03-06; price used: $45.92 per share.
• Shares withheld/disposed: 46; total value approximately $2,112.
• Footnote F1: Shares were withheld to satisfy the minimum tax withholding obligation on MSPP shares that vested on March 7, 2026, using the March 6, 2026 price.
• Footnote F2: Filing notes 6,413 restricted shares are included in holdings and remain subject to vesting/forfeiture restrictions.
• Filing date: 2026-03-10; filing appears timely relative to the reported transaction.

Context
This was a routine tax-withholding action tied to vesting of employee plan shares (not an opportunistic open-market sale or new purchase). Such withholdings are common and do not necessarily reflect the insider's view of the company’s prospects.