Archer Michael R 4
4 · CAMDEN NATIONAL CORP · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Camden National (CAC) EVP Michael R. Archer Receives Award
What Happened
- Michael R. Archer, Executive Vice President of Camden National Corp (CAC), received a grant of 967 restricted stock units (RSUs) on 2026-03-27. The grant is reported at $0 (award), and each RSU represents the right to receive one share of common stock at vesting.
Key Details
- Transaction date: 2026-03-27; Filing date: 2026-03-31 (Form 4) — filing appears timely.
- Grant type/price: Award of 967 RSUs recorded at $0 (award/grant).
- Vesting: Scheduled to vest on April 25, 2026, subject to continued employment through that date (per footnote).
- Shares owned / holdings note: Footnote indicates holdings include 9,157 restricted stock units and restricted shares that remain subject to vesting and forfeiture.
- No 10b5-1 plan, tax-withholding sale, or exercise reported in this filing.
Context
- This is an equity award (compensation), not an open‑market purchase or sale. RSU grants are common executive compensation and only convert to actual shares if and when they vest; the economic value at vesting will depend on Camden National’s share price then.
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
[F1][F2]2026-03-27+967→ 19,815.073 total
Footnotes (2)
- [F1]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.
- [F2]Includes 9,157 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Signature
Christopher G. Hutchinson, POA|2026-03-31