Raths Barbara 4

What Happened
Barbara Raths, Executive Vice President of Camden National Corp (CAC), had 260 shares withheld on April 24, 2026 to satisfy tax withholding obligations tied to awards that vested. The withholding consisted of 98 shares at $49.68 each ($4,869) and 162 shares at $49.68 each ($8,048), for a combined value of $12,917. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date and price: April 24, 2026 at $49.68 per share (two withholdings: 98 and 162 shares).
• Total shares withheld/disposed: 260 shares; total value ≈ $12,917.
• Shares owned after transaction: filing notes 4,946 restricted stock units/restricted shares remain subject to vesting/forfeiture (see F3); total beneficial ownership not listed in the summary provided.
• Footnotes:
  • F1: Shares withheld to satisfy minimum tax on restricted shares that vested on April 25, 2026 (priced using 4/24/2026 price).
  • F2: Shares withheld to satisfy minimum tax on restricted stock units from the 2023–2025 Long-Term Performance Plan that vested on April 25, 2026 (priced using 4/24/2026 price).
  • F3: Includes 4,946 restricted stock units/restricted shares still subject to vesting/forfeiture.
• Filing: Reported on Apr 28, 2026 (timely relative to the Apr 24 transaction).

Context
This was a routine tax-withholding event associated with vesting of restricted shares/RSUs (a cashless withholding), not an open-market sale or a purchase. Such withholdings are standard and generally reflect tax obligations rather than a deliberate trade signal.