Camden National director granted 919 CAC shares
Merrill Robert D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Merrill Robert D reported acquisition or exercise transactions in this Form 4 filing.
Camden National Corp director Robert D. Merrill received a stock grant of 919 shares of Common Stock as compensation. The shares were granted under the Independent Directors' Equity Compensation Program, which is part of the 2022 Equity and Incentive Plan and its amendment.
The grant carried no purchase price and vested immediately on the grant date, meaning Merrill gained full ownership right away. Following this award, his direct holdings increased to 11,423.8065 shares of Camden National Corp common stock, reflecting a routine, compensation-related equity increase rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 919 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Independent Directors' Equity Compensation Program financial
2022 Equity and Incentive Plan financial
vested immediately financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Camden National (CAC) director Robert D. Merrill report in this Form 4?
What are Robert D. Merrill’s Camden National (CAC) holdings after this Form 4 transaction?
Under which program was the Camden National (CAC) stock grant to Robert D. Merrill made?
AI-generated analysis. How Rhea-AI works. Not financial advice.