Camden National EVP granted 725 restricted stock units
Camden National Corp EVP David Ackley received an equity grant of 725 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan.
Rhea-AI Filing Summary
Camden National Corp EVP David Ackley received an equity grant of 725 restricted stock units under the company’s 2023-2025 Long-Term Performance Share Plan. The units are scheduled to vest on April 25, 2026, if he remains employed through that date, and each unit converts into one share of common stock at vesting.
After this award, Ackley directly holds a total of 12,846.958 shares of common stock, which includes 6,150 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions. This is a compensation-related, non‑open‑market acquisition rather than a market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 725 | $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 6,150 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) EVP David Ackley report on this Form 4?
What are the terms of the 725 restricted stock units granted to Camden National’s EVP?
Is the Camden National (CAC) Form 4 transaction a market purchase or a compensation award?
When will the newly granted Camden National restricted stock units vest for EVP David Ackley?
AI-generated analysis. How Rhea-AI works. Not financial advice.