Bar Harbor Bankshares (NASDAQ: BHB) CFO updates holdings after stock vesting

Rhea-AI Filing Summary

An executive officer of Bar Harbor Bankshares, serving as EVP, CFO & Treasurer, reported equity compensation activity in company stock. On April 23, 2025, the officer acquired 4,623 shares of common stock when performance-based vesting criteria were met. On the same date, 3,579 shares of common stock were disposed of at $29.19 per share. Following these transactions, the officer directly beneficially owned 41,111 shares of Bar Harbor Bankshares common stock. The filing is marked as an amendment to correct the ending share balance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Iannelli Josephine

(Last) (First) (Middle)

PO BOX 400

82 MAIN STREET

(Street)

BAR HARBOR ME 04609

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BAR HARBOR BANKSHARES [ BHB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO & TREASURER

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/25/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/23/2025		A(1)		4,623	A	(1)	44,690	D
Common Stock	04/23/2025		F		3,579	D	$29.19	41,111	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of BHB common stock ("Common Stock") acquired upon the settlement of performance-based vesting criteria. The performance criteria were met on April 23, 2025.

Remarks:

Amended to correct ending share balance

	/s/ Olivia Erickson, Attorney-in-Fact	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions in BHB stock occurred on April 23, 2025?

On April 23, 2025, a Bar Harbor Bankshares executive acquired 4,623 shares of common stock through performance-based vesting and disposed of 3,579 shares at $29.19 per share. After these movements, the executive directly held 41,111 BHB common shares.

Why did the Bar Harbor Bankshares (BHB) executive receive 4,623 shares?

The executive received 4,623 BHB common shares upon settlement of performance-based vesting criteria that were met on April 23, 2025. These shares represent equity compensation tied to performance goals, increasing the executive’s direct ownership in the company’s stock.

What does the transaction code A mean in the BHB Form 4/A filing?

In the BHB Form 4/A, transaction code A indicates an acquisition of securities. Here, it reflects 4,623 shares of common stock granted when performance-based vesting criteria were satisfied, adding to the executive’s beneficial ownership position in Bar Harbor Bankshares.

What does the transaction code F represent in the BHB insider report?

Transaction code F in the BHB insider report represents a disposition of 3,579 shares of common stock. These shares were disposed of at a price of $29.19 per share, reducing the executive’s holdings before arriving at the final reported balance of 41,111 shares.

How many Bar Harbor Bankshares (BHB) shares does the executive own after these transactions?

After the reported April 23, 2025 transactions, the executive directly beneficially owns 41,111 shares of Bar Harbor Bankshares common stock. This balance reflects the 4,623-share performance-based grant and the 3,579-share disposition reported in the amended Form 4/A.

Why was the Bar Harbor Bankshares Form 4/A filed as an amendment?

The Bar Harbor Bankshares Form 4/A was filed to correct the ending share balance previously reported. The remarks section explains that the amendment is specifically to adjust the final number of shares beneficially owned after the April 23, 2025 transactions.