Camden National (CAC) director awarded 279 shares under equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp director Larry K. Haynes received a stock grant as part of his board compensation. On 2026-06-18, he acquired 279 shares of common stock at $51.49 per share under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment in lieu of director fees.
Following this grant, Haynes directly holds 1,198 common shares and indirectly holds 3,217.888 common shares through a revocable trust. This reflects a routine, compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haynes Larry K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 279 | $51.49 | $14K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,198 shares (Direct, null);
Common Stock — 3,217.888 shares (Indirect, By Revocable Trust)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 279 shares
Grant valuation price: $51.49 per share
Direct holdings after grant: 1,198 shares
+1 more
4 metrics
Stock grant size
279 shares
Common stock grant on 2026-06-18 in lieu of director fees
Grant valuation price
$51.49 per share
Reported value for 279-share equity award
Direct holdings after grant
1,198 shares
Common stock directly held by Larry K. Haynes after transaction
Indirect trust holdings
3,217.888 shares
Common stock held indirectly via revocable trust after transaction
Key Terms
2022 Equity and Incentive Plan and Amendment, Revocable Trust, Grant, award, or other acquisition, Form 4
4 terms
2022 Equity and Incentive Plan and Amendment financial
"Shares acquired under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment in lieu of director fees."
Revocable Trust financial
"total_shares_following_transaction 3,217.8880, nature_of_ownership By Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Camden National (CAC) director Larry K. Haynes report on this Form 4?
Larry K. Haynes reported receiving 279 Camden National common shares as a stock grant. The award was made under the company’s 2022 Equity and Incentive Plan and Amendment in lieu of cash director fees, reflecting routine, compensation-related equity rather than an open-market trade.
At what price was the Camden National (CAC) stock grant to Larry K. Haynes valued?
The 279-share stock grant to Larry K. Haynes was valued at $51.49 per share. This price is used for reporting the grant under Camden National Corporation’s 2022 Equity and Incentive Plan and Amendment, which delivered shares instead of paying traditional cash director fees.
Was the Camden National (CAC) Form 4 transaction a market buy or sell?
The Form 4 does not show a market buy or sell; it reports an acquisition coded “A.” Haynes received 279 shares as a grant under the 2022 Equity and Incentive Plan and Amendment, specifically in lieu of director fees, rather than through open-market trading.
What plan governed Larry K. Haynes’s Camden National (CAC) stock grant?
The stock grant was made under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment. According to the filing footnote, the 279 shares were acquired under this plan as compensation in lieu of director fees, aligning director pay partly with company equity.