Bar Harbor Bankshares (BHB) SVP acquires stock through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bar Harbor Bankshares Senior Vice President Joseph Patrick Scully acquired additional common stock through a company share plan. On 2026-06-18, he received 109.491 shares of common stock at $36.25 per share via the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan, in a transaction exempt under Rule 16b-3(d). Following this routine, plan-based acquisition, he directly holds 20,387.548 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scully Joseph Patrick
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 109.491 | $36.25 | $4K |
Holdings After Transaction:
Common Stock — 20,387.548 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 109.491 shares
Price per share: $36.25 per share
Total direct holdings: 20,387.548 shares
3 metrics
Shares acquired
109.491 shares
Common Stock granted/awarded on 2026-06-18
Price per share
$36.25 per share
Acquisition price under dividend reinvestment and stock purchase plan
Total direct holdings
20,387.548 shares
Common Stock directly owned after the transaction
Key Terms
Common Stock, Dividend Reinvestment and Direct Stock Purchase and Sale Plan, Rule 16b-3(d)
3 terms
Common Stock financial
"These shares were acquired through the reporting person's participation in the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Dividend Reinvestment and Direct Stock Purchase and Sale Plan financial
"These shares were acquired through the reporting person's participation in the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan"
Rule 16b-3(d) regulatory
"in a transaction exempt under Rule 16b-3(d) under the Securities and Exchange Act of 1934"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.