Camden National (CAC) EVP Brunelle reports 329 RSUs as initial holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CAMDEN NATIONAL CORP executive Katherine W. Brunelle reported her initial equity holdings as an insider. The Form 3 shows beneficial ownership of 329 Restricted Stock Units, or RSUs, which are scheduled to vest over required service periods. Each RSU represents the right to receive one share of Camden National common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brunelle Katherine W
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 329 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted Stock Units: 329 RSUs
Share-to-RSU ratio: 1 share per RSU
2 metrics
Restricted Stock Units
329 RSUs
Initial beneficial ownership reported on Form 3
Share-to-RSU ratio
1 share per RSU
Each RSU converts into one share of common stock at vesting
Key Terms
Restricted Stock Units (RSUs), beneficial ownership, Form 3
3 terms
Restricted Stock Units (RSUs) financial
"Represents 329 Restricted Stock Units (RSUs), scheduled to vest over the requisite service periods."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
beneficial ownership financial
"initial statement of beneficial ownership of securities by an insider"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Form 3 regulatory
"initial statement of beneficial ownership filed on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does Katherine W. Brunelle’s Form 3 for CAC report?
The Form 3 reports that EVP Katherine W. Brunelle beneficially owns 329 Restricted Stock Units (RSUs) in Camden National Corp. These RSUs are her initial reported equity holdings as a newly reported insider.
How many Camden National (CAC) RSUs does Brunelle hold?
Brunelle holds 329 Restricted Stock Units (RSUs) tied to Camden National common stock. Each RSU represents the right to receive one share of common stock when it vests, subject to continued service.
What are Restricted Stock Units (RSUs) reported in CAC’s Form 3?
RSUs are a form of equity compensation granting the holder the right to receive one share of common stock per unit at vesting. Brunelle’s 329 RSUs vest over required service periods with Camden National.
What role does Katherine W. Brunelle hold at Camden National (CAC)?
Brunelle is reported as an Executive Vice President (EVP) of Camden National Corp. As an officer, she must disclose her equity holdings, including the 329 RSUs, on Form 3 when she becomes a reporting insider.