Raths Barbara 4
Research Summary
AI-generated summary
Camden National EVP Barbara Raths Receives Restricted Stock Award
What Happened
- Barbara Raths, Executive Vice President of Camden National Corp (CAC), received a grant of 551 restricted stock units (RSUs) on March 27, 2026. The RSUs were granted at $0.00 (no cash exchanged) and 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.
Key Details
- Transaction type: Award/Grant (Form 4 code A)
- Date of grant: 2026-03-27; Form filed: 2026-03-31
- Shares granted: 551 RSUs; grant price: $0.00; immediate cash value reported: $0
- Vesting: Scheduled to vest on 2026-04-25, contingent on continued employment (F1)
- Holdings: Filing notes total restricted stock units/restricted shares subject to vesting or forfeiture count 5,828 (F2)
- No indication in the filing that shares were sold or that this was part of a 10b5-1 plan
Context
- This transaction is a compensation award, not an open-market purchase or sale; such grants are routine for executive pay and do not by themselves signal a buy or sell decision by the insider.
- The RSUs convert to common shares only if the vesting conditions are met (continued employment through the vesting date).