Ackley David 4
Research Summary
AI-generated summary
Camden National (CAC) EVP David Ackley Receives 725 RSU Award
What Happened
- David Ackley, EVP of Camden National Corp (CAC), received a grant of 725 restricted stock units (RSUs) on 2026-03-27. The units were granted at $0.00 (no cash paid at grant).
- The RSUs are scheduled to vest on April 25, 2026, subject to continued employment; each RSU represents the right to receive one share of common stock at vesting (see footnote).
Key Details
- Transaction date: 2026-03-27; Grant price reported as $0.00; aggregate dollar value at grant = $0.
- Filing date / Period of report: Filed 2026-03-30 reporting the 2026-03-27 transaction.
- Post-transaction holdings: The filing notes (footnote) holdings include 6,150 restricted stock units and restricted shares that remain subject to vesting/forfeiture.
- Footnotes: F1 — RSUs vest on April 25, 2026 if employment continues; F2 — the reported holdings include 6,150 restricted units/shares subject to forfeiture.
- Timeliness: The Form 4 was filed three days after the transaction date and does not indicate a late filing code.
Context
- RSU grants are a form of compensation, not an open-market purchase or sale. They give the holder a right to receive shares in the future if vesting conditions are met; value realized depends on Camden National’s share price at vesting.
- Such awards are common for executives and do not by themselves indicate a buy or sell signal from the insider.