Ackley David 4

What Happened

• David Ackley, Executive Vice President of Camden National Corp (CAC), had shares withheld to satisfy tax withholding on restricted stock units that vested. On 2026-03-10, 44 shares were withheld at $45.84 each (≈ $2,017). On 2026-03-11, 45 shares were withheld at $45.41 each (≈ $2,043). These dispositions are coded as tax-withholding (F) rather than voluntary open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-03-10: 44 shares withheld @ $45.84 → $2,017 (F1)
  • 2026-03-11: 45 shares withheld @ $45.41 → $2,043 (F2)
• Total shares withheld: 89; combined value ≈ $4,060.
• Shares owned after transaction: filing notes include 5,507 restricted stock units/restricted shares that remain subject to vesting and forfeiture (F3).
• Footnotes: F1 and F2 confirm the shares were withheld to satisfy minimum tax withholding on RSUs that vested on those dates. F3 indicates 5,507 RSUs/restricted shares remain subject to vesting/forfeiture.
• Filing: Report filed with accession 0001979917-26-000011; period of report covers 2026-03-10 and filing date was 2026-03-12.

Context

• These transactions are tax-withholding dispositions tied to RSU vesting (a common, routine event) rather than discretionary open-market selling. Such withholdings are administrative and do not necessarily indicate the insider's view on the company’s stock.