Boey Brandon Y 4

What Happened Brandon Y. Boey, Senior Vice President of Camden National Corporation (CAC), received a grant of 800 restricted stock units (RSUs) on 2026-03-05 valued at $46.11 each (total value $36,888). On 2026-03-06 a total of 149 shares were withheld to satisfy tax withholding obligations related to RSUs that vested (56 shares at $45.92 = $2,572 and 93 shares at $45.92 = $4,271). These transactions are an equity award (A) and tax-withholding dispositions (F), not open-market purchases or sales.

Key Details

• Grant date: 2026-03-05 — 800 RSUs @ $46.11 (grant value $36,888).
• Tax withholding: 2026-03-06 — 56 shares @ $45.92 ($2,572) and 93 shares @ $45.92 ($4,271); total 149 shares withheld (~$6,843).
• Footnote: RSUs vest pro rata over the next three years, subject to continued employment; each RSU equals one share at vesting (F1).
• Footnote: Withheld shares satisfy minimum tax withholding on RSUs that vested on 3/6/2026 (F2).
• Footnote: Filing notes 2,233 RSUs remain subject to vesting/forfeiture restrictions (F3).
• Filing: Form 4 filed 2026-03-09 (reporting period includes 2026-03-05); filing appears timely under Form 4 reporting rules.
• Transaction codes: A = Award/Grant; F = Tax withholding (not a market sale).

Context This was a compensation award (RSUs) rather than an open‑market purchase or sale; the withheld shares represent a routine cashless withholding to cover taxes on vested units. RSU grants are common executive compensation and are subject to future vesting conditions, so they do not by themselves signal a near‑term buy or sell decision.