Ackley David 4

What Happened

• David Ackley, Executive Vice President of Camden National Corp (CAC), received a grant of 725 restricted stock units (RSUs) on 2026-03-27. The filing shows an acquisition at $0.00 (typical for equity awards); each RSU represents the right to one share at vesting. The RSUs are scheduled to vest on April 25, 2026, subject to continued employment.

Key Details

• Transaction date: 2026-03-27; filed with the SEC on 2026-03-30 (timely).
• Transaction type: Award/Grant of RSUs (code A); reported acquisition price $0.00.
• Vesting: Scheduled to vest April 25, 2026, contingent on continued employment (Footnote F1).
• Shares owned / subject to restrictions: Footnote F2 notes Ackley holds 6,150 restricted stock units and restricted shares that remain subject to vesting/forfeiture.
• No sale or cash outlay occurred as part of this transaction.

Context

• RSU grants are compensation, not open-market purchases—no immediate cash exchange and typically intended for retention/incentive. They convert to common shares only if vesting conditions are met. This kind of award is routine executive compensation and does not by itself indicate buying or selling sentiment.