Forbes Andrew 4

What Happened

• Andrew Forbes, Executive Vice President of Camden National Corp (CAC), had 51 shares withheld on April 15, 2026 to satisfy tax withholding related to restricted stock units that vested that day. The shares are recorded at $50.38 each, totaling roughly $2,569. This was not an open-market sale but a withholding to cover tax liability on RSU vesting.

Key Details

• Transaction date: April 15, 2026; Filing date: April 17, 2026 (filed within the normal two-business-day window).
• Price per share: $50.38; Shares withheld/disposed: 51; Total value ≈ $2,569.
• Shares owned after transaction: Not specified in the details provided here—see the Form 4 for exact beneficial ownership figures.
• Footnote F1: The 51 shares were withheld to satisfy minimum tax withholding on RSUs that vested on April 15, 2026.
• Footnote F2: The insider’s reported beneficial ownership includes 4,590 restricted stock units and restricted shares that remain subject to vesting and forfeiture restrictions.
• Transaction code: F — tax withholding (disposition) related to equity award vesting.

Context

• This is a routine, administrative withholding of shares to cover tax obligations on vested RSUs, not a voluntary market sale or purchase; such transactions generally do not signal a change in the insider’s market view. For full ownership totals and more filing details, consult the Form 4 (Accession 0002016674-26-000006).