Camden National EVP granted 725 restricted stock units
CAMDEN NATIONAL CORP EVP David Ackley received an equity award of 725 restricted stock units of common stock.
Rhea-AI Filing Summary
CAMDEN NATIONAL CORP EVP David Ackley received an equity award of 725 restricted stock units of common stock. The award was granted under the company’s 2023-2025 Long-Term Performance Share Plan and is scheduled to vest on April 25, 2026, if he remains employed through that date.
Each restricted stock unit converts into one share of common stock at vesting. After this grant, Ackley directly owns a total of 12,846.958 shares of common stock, including 6,150 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
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
vest financial
forfeiture restrictions financial
common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CAMDEN NATIONAL CORP EVP David Ackley report in this Form 4 for CAC?
When do the new restricted stock units for CAC EVP David Ackley vest?
What does each restricted stock unit granted to CAMDEN NATIONAL CORP EVP represent?
Are David Ackley’s CAMDEN NATIONAL CORP holdings mainly time-based awards or fully owned shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.