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Bar Harbor Bankshares (BHB) SVP acquires stock through dividend reinvestment plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Scully Joseph Patrick

(Last)(First)(Middle)
PO BOX 400
82 MAIN STREET

(Street)
BAR HARBOR MAINE 04609

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BAR HARBOR BANKSHARES [ BHB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026A(1)V109.491A$36.2520,387.548D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares were acquired through the reporting person's participation in the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan, in a transaction exempt under Rule 16b-3(d) under the Securities and Exchange Act of 1934, as amended.
/s/ Olivia Erickson, Attorney-in-Fact06/23/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Bar Harbor Bankshares (BHB) report for Joseph Patrick Scully?

Bar Harbor Bankshares reported that Senior Vice President Joseph Patrick Scully acquired 109.491 shares of common stock at $36.25 per share. The shares were obtained through the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan, not through an open-market purchase.

How many Bar Harbor Bankshares shares does Joseph Patrick Scully hold after this Form 4?

After the reported transaction, Joseph Patrick Scully directly holds 20,387.548 shares of Bar Harbor Bankshares common stock. This reflects the addition of 109.491 shares acquired on June 18, 2026 through the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan.

Was the Bar Harbor Bankshares insider transaction an open-market buy or a plan acquisition?

The transaction was a plan acquisition, not an open-market buy. The 109.491 shares of Bar Harbor Bankshares common stock were acquired through the Dividend Reinvestment and Direct Stock Purchase and Sale Plan, in a transaction exempt under Rule 16b-3(d) of the Securities Exchange Act.

What price per share was used in Joseph Patrick Scully’s Bar Harbor Bankshares share acquisition?

The shares were acquired at a price of $36.25 per share. This price applies to the 109.491 shares of Bar Harbor Bankshares common stock credited to Joseph Patrick Scully under the Dividend Reinvestment and Direct Stock Purchase and Sale Plan on June 18, 2026.

What does Rule 16b-3(d) exemption mean in this Bar Harbor Bankshares Form 4?

The filing notes the transaction is exempt under Rule 16b-3(d) of the Securities Exchange Act. This rule provides an exemption from certain short-swing profit rules for issuer-approved transactions, such as plan-based awards or acquisitions like this dividend reinvestment plan participation.

How significant is the 109.491-share acquisition relative to Joseph Patrick Scully’s Bar Harbor Bankshares holdings?

The 109.491-share acquisition is small relative to his total direct holdings of 20,387.548 shares. This indicates a routine, incremental increase in his Bar Harbor Bankshares common stock position through the company’s dividend reinvestment and direct stock purchase plan.