Ackley David 4

What Happened

• David Ackley, Executive Vice President of Camden National Corporation (CAC), was granted 1,087 restricted shares (reported as an acquisition) on 2026-04-28 at a reported value of $50.67 per share, for a total grant value of $55,078. This was a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-04-28
• Transaction type/code: Award/Grant (A)
• Shares granted: 1,087
• Reported price per share/value: $50.67; total value $55,078
• Shares owned after transaction: filing notes include 6,222 restricted stock units and restricted shares subject to vesting/forfeiture (see footnote)
• Notable footnotes:
  • F1: Grant under the issuer's 2022 Equity and Incentive Plan; awards vest pro‑rata over the next three years, subject to continued employment. Each award equals one common share at vesting.
  • F2: Filing indicates 6,222 restricted stock units/restricted shares are subject to vesting and forfeiture restrictions.
• Filing timeliness: No late-filing flag noted in the provided data.

Context

• This grant is a restricted stock award used for compensation and retention. The shares are subject to vesting and forfeiture conditions and are not necessarily tradable until they vest. Such awards reflect compensation policy rather than an immediate market view by the insider.