Camden National EVP awarded 1,083 CAC shares
Camden National Corp EVP Michael R. Archer acquired 1,083 shares of common stock on March 5, 2026 through a grant classified as a grant, award, or other acquisition.
Rhea-AI Filing Summary
Camden National Corp EVP Michael R. Archer acquired 1,083 shares of common stock on March 5, 2026 through a grant classified as a grant, award, or other acquisition. The transaction was priced at $34.58 per share under the Third Amended and Restated Management Stock Purchase Plan at a one-fourth discount to the Company’s March 5, 2026 closing share price.
These shares will cliff-vest two years after the issuance date. Following this award, Archer directly owns 19,001.073 shares of common stock, which includes 85.067 shares acquired through the dividend reinvestment program and 9,025 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 | 1,083 | $34.58 | $37K |
Footnotes (3)
- F1. Shares purchased under the Third Amended and Restated Management Stock Purchase Plan ("MSPP") at a one-fourth discount of the Company's March 05, 2026 closing share price. These shares will cliff-vest two years after issuance date.
- F2. Includes 85.067 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
- F3. Includes 9,025 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
FAQ
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What insider transaction did Camden National (CAC) report for Michael R. Archer?
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What role did Camden National’s Management Stock Purchase Plan play in this Form 4 transaction?
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