Camden National (CAC) awards 1,029 restricted stock units to EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rose Patricia A reported acquisition or exercise transactions in this Form 4 filing.
Camden National Corp EVP Patricia A. Rose received a grant of 1,029 restricted stock units of common stock at no cash cost. The award was made under the company’s 2023-2025 Long-Term Performance Share Plan and is scheduled to vest on April 25, 2026, if she remains employed through that date.
Each restricted stock unit represents the right to receive one share of common stock at vesting. After this grant, she directly owns a total of 28,066.593 shares of common stock, including 5,257 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
Rose Patricia A
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,029 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,066.593 shares (Direct)
Footnotes (1)
- 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. Includes 5,257 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
RSUs granted: 1,029 restricted stock units
Grant price: $0.00 per share
Vesting date: April 25, 2026
+2 more
5 metrics
RSUs granted
1,029 restricted stock units
Grant of common stock units on March 27, 2026
Grant price
$0.00 per share
Compensation-related award, not an open-market purchase
Vesting date
April 25, 2026
RSUs vest subject to continued employment
Total holdings after grant
28,066.593 shares
Direct common stock ownership following the award
Unvested RSUs and restricted shares
5,257 units/shares
Portion of holdings subject to vesting and forfeiture
Key Terms
restricted stock units, Long-Term Performance Share Plan, vesting, forfeiture restrictions
4 terms
restricted stock units financial
"Represents a grant of restricted stock units under the issuer's 2023-2025 Long-Term Performance Share Plan"
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 on April 25, 2026, subject to continued employment through the vesting date"
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
"Includes 5,257 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions"
FAQ
What insider transaction did Camden National (CAC) report for Patricia A. Rose?
Camden National reported that EVP Patricia A. Rose received a grant of 1,029 restricted stock units of common stock. The units were awarded with no cash price per share as part of her long-term equity compensation under the company’s performance share plan.
When do Patricia A. Rose’s newly granted Camden National (CAC) RSUs vest?
The 1,029 restricted stock units granted to EVP Patricia A. Rose are scheduled to vest on April 25, 2026. Vesting is conditioned on her continued employment with Camden National through that vesting date under the long-term performance share plan.
Was Patricia A. Rose’s Camden National (CAC) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant or award acquisition of 1,029 restricted stock units rather than a market purchase or sale. The transaction code is “A,” indicating a compensation-related award at a price of $0.00 per share instead of an open-market trade.
What plan governs the new restricted stock units granted by Camden National (CAC) to Patricia A. Rose?
The 1,029 restricted stock units were granted under Camden National’s 2023-2025 Long-Term Performance Share Plan. This plan provides equity-based compensation, and each unit gives the right to receive one share of common stock when vesting conditions are satisfied.