Camden National EVP David Ackley Withholds 34 Shares for Taxes

What Happened

• David Ackley, Executive Vice President of Camden National Corp (CAC), had 34 shares withheld on July 15, 2026 to satisfy tax withholding related to restricted stock units that vested. The withholding was reported at a price of $54.16 per share, for a total value of $1,841. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: July 15, 2026 — 34 shares at $54.16 each.
• Transaction value: $1,841 (approximate).
• Nature of transaction: F — shares withheld to satisfy tax withholding on RSUs that vested (routine, not a directional buy/sell).
• Holdings note: Company reports that holdings include 5,291 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions (footnote).
• Filing timeliness: Form 4 was filed July 17, 2026 — appears timely (within the typical 2-business-day reporting window).

Context

• This was a routine tax-withholding action when RSUs vested, effectively a disposition of a small number of shares to cover required taxes. Such withholding transactions are administrative and do not necessarily indicate management sentiment about the stock.