Ackley David 4

What Happened

• David Ackley, Executive Vice President of Camden National Corp (CAC), had a total of 299 shares disposed (withheld) on April 24, 2026 to satisfy tax withholding obligations tied to awards that vested. The transactions were: 86 shares at $49.68 (≈ $4,272) and 213 shares at $49.68 (≈ $10,582), totaling about $14,854. These are tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction date and price: April 24, 2026 at $49.68 per share (both entries).
• Shares disposed: 86 shares (F1) and 213 shares (F2), total 299 shares.
• Reported value: roughly $14,854 combined.
• Shares owned after transaction: the filing notes 5,135 restricted stock units/restricted shares remain subject to vesting/forfeiture (footnote F3). The filing does not provide a broader total beneficial ownership figure in the supplied excerpt.
• Footnotes: F1 = shares withheld to satisfy minimum tax withholding on restricted shares that vested on April 25, 2026 (price used = Apr 24, 2026). F2 = shares withheld for tax on restricted stock units from the 2023–2025 Long‑Term Performance Plan that vested on Apr 25, 2026 (price used = Apr 24, 2026). F3 = indicates 5,135 RSUs/restricted shares subject to vesting/forfeiture.
• Timeliness: filing date is Apr 28, 2026 (reporting period Apr 24, 2026). The filing excerpt does not flag lateness.

Context

• These transactions are routine tax-withholding dispositions related to vested restricted shares/RSUs. Withholding to cover taxes (code F) is common and typically reflects tax processing rather than an intent to reduce or add to a position.