Camden National CEO granted 4,610 RSUs
Camden National Corp CEO Simon Griffiths received an equity grant of 4,610 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan.
Rhea-AI Filing Summary
Camden National Corp CEO Simon Griffiths received an equity grant of 4,610 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan. These units are scheduled to vest on April 25, 2026, contingent on continued employment through that date.
Each restricted stock unit converts into one share of common stock at vesting. After this grant, Griffiths holds 39,376 shares in total, including 30,634 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 | 4,610 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 30,634 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Camden National (CAC) CEO Simon Griffiths receive in this Form 4 filing?
When do the 4,610 restricted stock units for Camden National (CAC) CEO vest?
What portion of Camden National (CAC) CEO Simon Griffiths’ holdings are restricted?
What plan governs the new restricted stock units for Camden National (CAC) CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.