Smith Ryan A 4

What Happened

• Ryan A. Smith, Executive Vice President of Camden National Corp. (CAC), received a grant of 1,015 restricted stock units (RSUs) on 2026-03-27. The Form 4 reports the acquisition code "A" (award/grant) at $0.00 — no cash changed hands.
• Per the filing, these RSUs are scheduled to vest on April 25, 2026, subject to Smith’s continued employment; each RSU represents the right to receive one share of common stock at vesting.

Key Details

• Transaction date: 2026-03-27; Grant price reported: $0.00; Form filed: 2026-03-31.
• Filing timeliness: Filed 2026-03-31 for a 3/27 transaction — appears timely (within required business-day window).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — RSUs under the issuer’s 2023–2025 Long-Term Performance Share Plan, vesting 4/25/2026 subject to continued employment. F2 — filing also notes the insider holds 7,852 restricted stock units/restricted shares that remain subject to vesting and forfeiture restrictions.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding sale, or sale/exercise reported in this filing.

Context

• RSU grants are a common form of executive compensation intended to align management with shareholders; they convert to actual shares only if/when they vest. Because this is an award (not an open-market purchase or sale), it does not indicate an immediate market buy or sell by the insider.