---
schema_version: "secwatch.filing_event.v1"
accession: "0000750686-24-000119"
form_type: "8-K"
ticker: "CAC"
cik: "0000750686"
company_name: "CAMDEN NATIONAL CORP"
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:11:37.691075+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Camden National board approves amended Executive Annual Incentive Program effective 2024

## Summary
- Annual cash incentive awards based on company and individual performance goals set by Compensation Committee.
- Company performance factor weighted 75%, individual factor weighted 25%; payout 0%-150% of target.
- Participants include executive team and key positions; awards paid by March 15 following year.
- Committee retains discretion to adjust awards; program subject to clawback and recoupment policies.
- Program effective for program years beginning January 1, 2024.

## SEC filing metadata
- accession: 0000750686-24-000119
- form_type: 8-K
- ticker: CAC
- cik: 0000750686
- company_name: CAMDEN NATIONAL CORP
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750686/000075068624000119/0000750686-24-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750686/000075068624000119/cac-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000750686-24-000119
- JSON: https://secwatch.observer/filing/0000750686-24-000119.json
- Plain text: https://secwatch.observer/filing/0000750686-24-000119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.