Martel William H 4

What Happened

• William H. Martel, Executive Vice President of Camden National Corp (CAC), was granted 1,281 restricted stock awards on April 28, 2026. The award is recorded at $50.67 per share, a total grant value of approximately $64,908. This filing reports an award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-28; 1,281 shares at $50.67 each (total ~$64,908).
• Grant type: Restricted stock awards under the issuer's 2022 Equity and Incentive Plan (see footnote F1).
• Vesting: Awards are scheduled to vest pro-rata over the next three years, subject to continued employment through each vesting date (F1).
• Shares owned after transaction: Footnote F2 indicates holdings include 8,380 restricted stock units/restricted shares that remain subject to vesting and forfeiture restrictions.
• Filing timeliness: Report filed 2026-04-30 for a 2026-04-28 transaction — appears timely; no late filing flag.

Context

• This was a compensation-related grant (restricted stock). Such awards are routine executive compensation and represent the right to receive shares if and when they vest; they are not an immediate market buy or sale.