Camden National Corp (NASDAQ: CAC) EVP Joshua Nash details shareholdings
Rhea-AI Filing Summary
Camden National Corp executive Joshua M. Nash, EVP, filed an initial statement of beneficial ownership of common stock. He reports 9,159.6300 shares held directly, including 3,479 restricted stock units subject to vesting and forfeiture, and 1,682.7990 shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nash Joshua M
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,159.63 shares (Direct);
Common Stock — 1,682.799 shares (Indirect, By Spouse)
Footnotes (1)
- F1. Includes 3,479 restricted stock units that are subject to vesting and forfeiture restrictions.
Key Figures
Direct common shares: 9,159.6300 shares
Indirect common shares (spouse): 1,682.7990 shares
Restricted stock units included: 3,479 units
3 metrics
Direct common shares
9,159.6300 shares
Direct holdings of Camden National common stock reported by EVP Joshua M. Nash
Indirect common shares (spouse)
1,682.7990 shares
Common shares of Camden National beneficially owned indirectly through spouse
Restricted stock units included
3,479 units
Restricted stock units included in direct holdings, subject to vesting and forfeiture restrictions
Key Terms
restricted stock units, vesting, forfeiture restrictions
3 terms
restricted stock units financial
"Includes 3,479 restricted stock units that are subject to vesting and forfeiture restrictions."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"Includes 3,479 restricted stock units that are subject to vesting and forfeiture restrictions."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture restrictions financial
"Includes 3,479 restricted stock units that are subject to vesting and forfeiture restrictions."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider holdings did Camden National Corp (CAC) EVP Joshua Nash report?
He reported direct ownership of 9,159.6300 Camden National common shares, including 3,479 restricted stock units, plus 1,682.7990 shares held indirectly through his spouse. These figures describe his beneficial ownership position in Camden National common stock.
What are restricted stock units in Joshua Nash’s Camden National (CAC) holdings?
Restricted stock units are share-based awards that convert into common stock if vesting conditions are met. Nash’s direct holdings include 3,479 restricted stock units that are subject to specified vesting and forfeiture restrictions before becoming fully owned shares.
What role does Joshua Nash hold at Camden National Corp (CAC)?
Joshua M. Nash is identified as an Executive Vice President (EVP) of Camden National Corp. His reported direct and indirect ownership of common stock reflects the equity stake associated with his senior executive position at the company.