Camden National (CAC) director receives 170-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp director Rebecca Hatfield received 170 shares of Common Stock as an equity grant. The shares were valued at $51.49 each and were issued under Camden National Corporation's 2022 Equity and Incentive Plan as compensation in lieu of director fees.
After this award, Hatfield directly holds a total of 8,631.445 Camden National shares. This transaction is a routine, non-market acquisition of stock as part of the company’s standard director compensation program rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hatfield Rebecca
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 170 | $51.49 | $9K |
Holdings After Transaction:
Common Stock — 8,631.445 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 170 shares
Grant value per share: $51.49 per share
Total holdings after grant: 8,631.445 shares
+1 more
4 metrics
Shares granted
170 shares
Equity grant in lieu of director fees
Grant value per share
$51.49 per share
Valuation for Common Stock award
Total holdings after grant
8,631.445 shares
Director’s direct Common Stock position post-transaction
Transaction date
2026-06-18
Date of Common Stock grant reported on Form 4
Key Terms
Grant, award, or other acquisition, 2022 Equity and Incentive Plan, in lieu of director fees, Common Stock
4 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition" for this entry"
2022 Equity and Incentive Plan financial
"Shares acquired under Camden National Corporation's 2022 Equity and Incentive Plan and Amendment"
in lieu of director fees financial
"Shares acquired under the plan and Amendment in lieu of director fees"
Common Stock financial
"security title for the transaction is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Camden National (CAC) director Rebecca Hatfield report in this Form 4?
Rebecca Hatfield reported receiving 170 shares of Camden National Common Stock. The shares were granted as compensation in lieu of director fees under the company’s 2022 Equity and Incentive Plan, rather than purchased on the open market.
Was the Camden National (CAC) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not a purchase. Code A indicates a grant or award, and the footnote explains the 170 shares were issued under the 2022 Equity and Incentive Plan in lieu of director fees.
What is the purpose of Camden National’s 2022 Equity and Incentive Plan in this Form 4?
The 2022 Equity and Incentive Plan provided the framework for granting the 170 shares. Under this plan, Camden National can pay some director fees in stock rather than cash, aligning director compensation more closely with shareholder interests through equity awards.
Does this Camden National (CAC) Form 4 indicate any stock sales by Rebecca Hatfield?
The Form 4 does not report any stock sales by Rebecca Hatfield. It only shows an acquisition of 170 shares as a grant in lieu of director fees, with no dispositions, tax withholdings, or other sell-side transactions disclosed in this filing.