Griffiths Simon 4

What Happened
Simon Griffiths, CEO of Camden National Corp (CAC), acquired 3,491 shares on March 5, 2026. The reported acquisition price was $34.58 per share, for a total value of $120,719. The shares were purchased under the company’s Third Amended and Restated Management Stock Purchase Plan (MSPP) and are coded as an award/acquisition on the Form 4.

Key Details

• Transaction date: 2026-03-05; filing date: 2026-03-09 (filed within the required reporting window).
• Shares acquired: 3,491 at $34.58 each; total reported value $120,719.
• Transaction code: A (award/acquisition).
• Footnote F1: Shares were purchased through the MSPP at a one-fourth discount to the company’s March 5, 2026 closing price; these shares will cliff-vest two years after issuance.
• Footnote F2: The filing notes beneficial ownership includes 26,253 restricted stock units/restricted shares that remain subject to vesting and forfeiture restrictions.
• Shares owned after transaction: Not explicitly listed in the summary data provided; see F2 for restricted-unit details.

Context
This was a company share purchase under a management stock purchase plan with a discounted purchase price and two-year cliff vesting—meaning the shares cannot be sold or transferred until they vest. Such awarded/acquired restricted shares indicate equity compensation and alignment with shareholders but do not necessarily reflect immediate trading sentiment since they are subject to vesting restrictions.