Camden National (CAC) director receives 919-share equity grant, now holds 16,942
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCarthy Marie J reported acquisition or exercise transactions in this Form 4 filing.
Camden National Corp director Marie J. McCarthy received a grant of 919 shares of Common Stock on June 1, 2026 as equity compensation. The award was made under the Independent Directors' Equity Compensation Program, part of the 2022 Equity and Incentive Plan and its amendment, at no cash cost to her.
The shares vested immediately on the grant date. After this grant and prior dividend reinvestments, McCarthy directly holds a total of 16,941.818 Camden National Corp shares, including 275.647 shares accumulated through the company’s dividend reinvestment program since her last filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Marie J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 919 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,941.818 shares (Direct, null)
Footnotes (1)
- Shares granted under the Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan and Amendment; therefore, price is N/A. These shares vested immediately on the date of the grant. Includes 275.647 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program.
Key Figures
Equity grant size: 919 shares
Grant price: $0.0000 per share
Total holdings after transaction: 16,941.818 shares
+2 more
5 metrics
Equity grant size
919 shares
Common Stock grant to director on June 1, 2026
Grant price
$0.0000 per share
Compensation grant under Independent Directors' Equity Compensation Program
Total holdings after transaction
16,941.818 shares
Director’s direct ownership following the grant
Dividend reinvestment shares
275.647 shares
Accumulated since last filing via dividend reinvestment program
Transaction code
A
Grant, award, or other acquisition of Common Stock
Key Terms
Independent Directors' Equity Compensation Program, 2022 Equity and Incentive Plan, dividend reinvestment program, Form 4
4 terms
Independent Directors' Equity Compensation Program financial
"Shares granted under the Independent Directors' Equity Compensation Program, a component of the 2022 Equity and Incentive Plan"
2022 Equity and Incentive Plan financial
"a component of the 2022 Equity and Incentive Plan and Amendment; therefore, price is N/A."
dividend reinvestment program financial
"Includes 275.647 shares acquired since the last filing as a result of participation in the Company's dividend reinvestment program."
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
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 Corp (CAC) director Marie J. McCarthy report in this Form 4?
Director Marie J. McCarthy reported receiving 919 shares of Camden National Corp Common Stock as an equity grant. The award was made at no cash cost under the Independent Directors' Equity Compensation Program and vested immediately on the grant date.
Did the Camden National Corp (CAC) director’s grant vest immediately?
Yes, the 919-share grant to director Marie J. McCarthy vested immediately on the date of grant. The footnotes state that all shares under the Independent Directors' Equity Compensation Program vested at once when awarded on June 1, 2026.
Is this Camden National Corp (CAC) Form 4 a market buy or a compensation grant?
This Form 4 reflects a compensation-related equity grant, not a market purchase. The 919 shares were granted under the Independent Directors' Equity Compensation Program at a reported price of 0.0000 per share, indicating no cash outlay by the director.