Bar Harbor Bankshares (BHB) Director Reports 10,000-Share Purchase
Rhea-AI Filing Summary
Bar Harbor Bankshares director Brian D. Shaw reported two open-market purchases of the issuer's common stock on 09/10/2025. The filings show he acquired 5,000 shares at a reported price of $31.96 and another 5,000 shares at a reported price of $32.21 (weighted average noted). Following the transactions his direct beneficial ownership increased from 12,463.545 shares to 17,463.545 shares. The Form 4 was signed by an attorney-in-fact, Olivia Erickson, on 09/11/2025.
Positive
- Director purchase disclosed — Brian D. Shaw acquired 10,000 shares, increasing his direct ownership to 17,463.545 shares
- Timely disclosure — Form 4 filed and signed by attorney-in-fact on 09/11/2025
Negative
- None.
Insights
TL;DR Director purchases 10,000 shares across two transactions, modestly increasing direct ownership.
The Form 4 discloses two non-derivative purchases by director Brian D. Shaw totaling 10,000 common shares on 09/10/2025 at prices of $31.96 and $32.21. The report shows direct beneficial ownership rising to 17,463.545 shares. These are open-market acquisitions (transaction code P) and appear executed the same day; a weighted-average price disclosure is provided. The filing is routine trade reporting under Section 16 and does not include derivative activity or additional material corporate events.
TL;DR A director filed Form 4 for purchases, increasing his direct stake; filing is a standard Section 16 disclosure.
The filing identifies Brian D. Shaw as a director and reports two direct acquisitions of common stock, each for 5,000 shares. The Form 4 was executed by an attorney-in-fact on 09/11/2025. The document contains an explanatory note stating the second price represents a weighted average within a narrow range. There is no amendment indicator and no other governance items disclosed. The filing is informational and compliant with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $31.96 | $160K |
| Purchase | Common Stock | 5,000 | $32.21 | $161K |
Footnotes (1)
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