Camden National EVP awarded 545 restricted stock units
Camden National Corp executive vice president Garrett McKnight received an equity award of 545 restricted stock units of common stock.
Rhea-AI Filing Summary
Camden National Corp executive vice president Garrett McKnight received an equity award of 545 restricted stock units of common stock. The grant was made at no cash cost and is scheduled to vest on April 25, 2026, subject to continued employment through that date.
Each restricted stock unit converts into one share of common stock at vesting. After this award, McKnight directly holds 5,626 shares, including 4,947 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 | 545 | $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 4,947 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
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What transaction did CAC executive Garrett McKnight report on this Form 4?
What are the vesting terms of Garrett McKnight’s new CAC restricted stock units?
Is Garrett McKnight’s CAC Form 4 transaction a market buy or a compensation grant?
What plan governs Garrett McKnight’s new CAC restricted stock unit grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.