Camden National (CAC) awards 1,029 restricted stock units to EVP
Rhea-AI Filing Summary
Rose Patricia A reported acquisition or exercise transactions in this Form 4 filing.
Camden National Corp EVP Patricia A. Rose received a grant of 1,029 restricted stock units of common stock at no cash cost. The award was made under the company’s 2023-2025 Long-Term Performance Share Plan and is scheduled to vest on April 25, 2026, if she remains employed through that date.
Each restricted stock unit represents the right to receive one share of common stock at vesting. After this grant, she directly owns a total of 28,066.593 shares of common stock, including 5,257 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,029 | $0.00 | -- |
Footnotes (1)
- Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan that is scheduled to vest on April 25, 2026, subject to continued employment through the vesting date. Each restricted stock unit represents the right to receive one share of common stock at vesting. Includes 5,257 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
Key Terms
restricted stock units financial
vesting financial
forfeiture restrictions financial
FAQ
What insider transaction did Camden National (CAC) report for Patricia A. Rose?
When do Patricia A. Rose’s newly granted Camden National (CAC) RSUs vest?
Was Patricia A. Rose’s Camden National (CAC) Form 4 transaction a market purchase or sale?
What plan governs the new restricted stock units granted by Camden National (CAC) to Patricia A. Rose?