Camden National (CAC) EVP Joshua Nash Receives 1,712-Share Award

What Happened

• Joshua M. Nash, Executive Vice President of Camden National Corporation (CAC), received three equity awards on 2026-08-14 totaling 1,712 shares: 632 restricted shares, 834 restricted stock units (RSUs), and 246 restricted shares/RSUs. Each award was granted at $0.00 (i.e., no cash payment); these are compensatory grants, not open-market purchases or sales.
• The awards are subject to vesting and forfeiture conditions under the issuer’s 2022 Equity and Incentive Plan and related amendment. The grants will vest pro‑rata over the required service periods (the RSUs vest pro‑rata over the next three years per the filing).

Key Details

• Transaction date: 2026-08-14; Form 4 filed 2026-08-18 (filed timely within reporting window).
• Award details: 632 shares (restricted stock awards, F1), 834 RSUs (F2), 246 restricted shares/RSUs (A code = award/grant). Total granted = 1,712.
• Price: $0.00 per share (compensatory grant); no cash exchanged at grant.
• Shares owned after transaction: filing notes 5,191 restricted stock units and restricted shares subject to vesting/forfeiture (F3). The Form 4 does not state total fully vested shares owned.
• Notable footnotes: F1 = restricted stock awards vest pro‑rata subject to continued employment; F2 = RSUs vest pro‑rata over the next 3 years; F3 = aggregate of 5,191 restricted units/shares subject to vesting.
• No sale, tax withholding, or 10b5-1 plan reported in this filing.

Context

• These are standard long‑term compensation awards for an executive and do not represent a market purchase or sale. The economic value to the insider will depend on Camden’s future stock price and satisfaction of vesting/service conditions.