Camden National (CAC) awards EVP Barbara Raths 1,105 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Camden National Corp EVP Barbara Raths received an equity grant of 1,105 shares of common stock, reported as a restricted stock award under the company’s 2022 Equity and Incentive Plan and its amendment. The award is compensation, not an open-market purchase, and is scheduled to vest pro-rata over the next three years, subject to her continued employment through each vesting date.
Each restricted stock award converts into one share of common stock at vesting. Following this grant, she directly holds a total of 9,341 shares of Camden National common stock, including 6,051 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raths Barbara
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,105 | $50.67 | $56K |
Holdings After Transaction:
Common Stock — 9,341 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting. Includes 6,051 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
Restricted stock grant: 1,105 shares
Grant price per share: $50.67/share
Total shares after grant: 9,341 shares
+2 more
5 metrics
Restricted stock grant
1,105 shares
Grant of restricted stock awards to EVP on April 28, 2026
Grant price per share
$50.67/share
Reported value of restricted stock award
Total shares after grant
9,341 shares
Direct holdings following the reported transaction
Unvested RSUs and restricted shares
6,051 units/shares
Restricted stock units and restricted shares subject to vesting and forfeiture
Vesting period
3 years
Restricted stock awards vest pro-rata over the next three years
Key Terms
restricted stock awards, restricted stock units, vesting, forfeiture restrictions, +1 more
5 terms
restricted stock awards financial
"Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
restricted stock units financial
"Includes 6,051 restricted stock units and restricted shares that are subject to vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"scheduled to vest pro-rata over the next three years, subject to continued employment"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
forfeiture restrictions financial
"restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"
2022 Equity and Incentive Plan financial
"grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment"
FAQ
What did Camden National (CAC) EVP Barbara Raths report in this Form 4?
Barbara Raths reported receiving 1,105 shares of Camden National common stock as a restricted stock award. The grant is part of the company’s 2022 Equity and Incentive Plan and represents compensation rather than an open-market stock purchase.
What are the 6,051 restricted stock units mentioned in the CAC Form 4?
The 6,051 figure represents restricted stock units and restricted shares that Barbara Raths already holds, which remain subject to vesting and forfeiture restrictions. These units will convert into common stock only as vesting conditions under prior grants are satisfied.