Raths Barbara 4

What Happened
Barbara Raths, Executive Vice President of Camden National (CAC), acquired 735 shares on March 5, 2026 under the company's Management Stock Purchase Plan for $34.58 per share (total ~$25,416). The filing also shows 46 shares were disposed on March 6, 2026 to satisfy tax withholding on restricted stock units that vested (46 shares x $45.92 = $2,112). The 735-share purchase is a discounted employee purchase (purchase = often a more informative/bullish signal) while the 46-share disposal was for tax withholding (routine).

Key Details

• Transactions and prices:
  • 2026-03-05: Acquisition (Code A) — 735 shares @ $34.58 = $25,416.
  • 2026-03-06: Tax withholding (Code F) — 46 shares @ $45.92 = $2,112 (withheld to cover taxes on vested RSUs).
• Purchase terms: Shares bought under the Third Amended and Restated Management Stock Purchase Plan at a one‑fourth (25%) discount to the company's March 5, 2026 closing price; these shares cliff‑vest two years after issuance (see F1).
• Ownership after transaction: The filing notes there are 6,030 restricted stock units/restricted shares subject to vesting/forfeiture (F3). The excerpt provided does not list a full post-transaction beneficial ownership total — see the Form 4 for complete holdings.
• Filing timeliness: Form 4 was filed on 2026-03-09 for transactions on 2026-03-05 and 2026-03-06 — reported on time under Form 4 rules.
• Footnotes:
  • F1: MSPP purchase at 25% discount; two‑year cliff vesting.
  • F2: 46 shares withheld to satisfy minimum tax withholding on RSUs that vested March 6, 2026.
  • F3: 6,030 RSUs/restricted shares remain subject to vesting/forfeiture.

Context
Purchases under employee purchase plans are common and can signal insider participation, but these shares are subject to transfer restrictions and cliff vesting (not immediately tradable). The 46 shares disposed were a tax-withholding event tied to RSU vesting and do not represent a market-sale decision. For the full ownership picture and any additional notes, review the complete Form 4 filing.