Martel William H 4

What Happened

• William H. Martel, Executive Vice President of Camden National Corp. (CAC), was granted 1,064 restricted stock units (RSUs) on 2026-03-27. The grant price is listed as $0.00 because these are compensation awards, not an open-market purchase. Each RSU represents the right to receive one share of common stock at vesting.

Key Details

• Transaction date and price: 2026-03-27; 1,064 RSUs granted at $0.00.
• Vesting: The RSUs are scheduled to vest on April 25, 2026, subject to Martel’s continued employment (per footnote F1).
• Holdings noted: Filing footnote (F2) indicates inclusion of 8,588 restricted stock units and restricted shares subject to vesting/forfeiture.
• Filing timeliness: Form filed 2026-03-31, within the standard SEC Form 4 reporting window for this transaction (not reported late).
• Transaction code: A = Award/Grant (compensatory), not a market buy or sale.

Context

• RSUs are a form of compensation — they do not represent immediately tradable shares. They convert to shares if and when they vest; until then they may be forfeited if employment conditions aren’t met. This type of award is routine executive compensation and should not be interpreted as a direct market buy or sell.