Maxwell Raina 4

What Happened

Maxwell Raina, a director of Camden National Corporation (CAC), was granted 317 shares on March 20, 2026. The grant is reported at $45.26 per share, for a total reported value of $14,347. This filing reports an award/acquisition (transaction code A)—a grant issued rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20; 317 shares @ $45.26 each; total value $14,347.
• Filing date / accession: Filed with the SEC on 2026-03-23 (within the typical Form 4 reporting window).
• Shares owned after the transaction: Not specified in the provided excerpt.
• Footnotes:
  • F1: Shares were issued under Camden National Corporation's 2022 Equity and Incentive Plan and in lieu of director fees.
  • F2: The filing also notes 22.049 shares were acquired since the last filing via the company's dividend reinvestment program.

Context

This was an equity award issued to a director (not an exercised option or an open-market trade). Grants in lieu of director fees are a common way companies compensate non-employee directors and increase insider ownership; the dividend reinvestment note indicates additional small increases in holdings from dividends being reinvested. The filing contains no sales, gifts, or option exercises.