STOCK TITAN

BHB (BHB) CFO Iannelli receives share grant and tax-withholding adjustment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BAR HARBOR BANKSHARES executive Josephine Iannelli reported routine equity compensation activity. On April 23, 2026, she received a grant of 4,910 shares of Common Stock at $0.00 per share upon settlement of performance-based vesting criteria that were met on that date.

To cover tax obligations related to this award, 3,519 shares of Common Stock were disposed of in a tax-withholding transaction at $34.38 per share. After these transactions, she directly holds 51,458 shares of BAR HARBOR BANKSHARES Common Stock.

Positive

  • None.

Negative

  • None.
Insider Iannelli Josephine
Role EVP, CFO & TREASURER
Type Security Shares Price Value
Grant/Award Common Stock 4,910 $0.00 --
Tax Withholding Common Stock 3,519 $34.38 $121K
Holdings After Transaction: Common Stock — 51,458 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 3,519 shares Common Stock disposed in tax-withholding transaction on April 23, 2026
Tax-withholding price $34.38 per share Price for 3,519 Common Stock shares used to satisfy tax liability
Equity grant 4,910 shares Common Stock acquired as grant/award when performance criteria were met on April 23, 2026
Post-transaction holdings 51,458 shares Directly held BAR HARBOR BANKSHARES Common Stock after reported transactions
tax-withholding disposition financial
"describes a transaction where 3,519 shares were used in a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
performance-based vesting criteria financial
"acquired upon the settlement of performance-based vesting criteria"
grant, award, or other acquisition financial
"transaction code description indicates a grant, award, or other acquisition"
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*
Iannelli Josephine

(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)
EVP, CFO & TREASURER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026
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 Stock04/23/2026A(1)4,910A(1)51,458D
Common Stock04/23/2026F3,519D$34.3847,939D
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. 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, 2026.
/s/ Olivia Erickson, Attorney-in-Fact04/27/2026
** 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 transactions did BHB executive Josephine Iannelli report?

Josephine Iannelli reported a routine compensation-related equity grant and tax withholding. She received 4,910 BHB Common Stock shares as a grant and had 3,519 shares withheld to cover tax obligations tied to that award.

How many BAR HARBOR BANKSHARES (BHB) shares does Josephine Iannelli now hold?

After the reported transactions, Josephine Iannelli directly holds 51,458 shares of BAR HARBOR BANKSHARES Common Stock. This figure reflects the new grant of 4,910 shares and the tax-withholding disposition of 3,519 shares on April 23, 2026.

Was the BHB Form 4 transaction an open-market sale by the executive?

No, the disposition was not an open-market sale. The 3,519 BHB shares were withheld in a tax-withholding disposition at $34.38 per share to satisfy tax liabilities related to a performance-based equity award.

What triggered the share grant to BHB EVP, CFO & Treasurer Josephine Iannelli?

The grant occurred when performance-based vesting criteria were met on April 23, 2026. Upon settlement of these criteria, 4,910 shares of BAR HARBOR BANKSHARES Common Stock were acquired as a compensation-related award at an effective price of $0.00 per share.

How does the Form 4 describe the nature of the BHB insider transactions?

The Form 4 describes one transaction as a grant or award acquisition and the other as a tax-withholding disposition. Together, they represent routine compensation activity rather than discretionary buying or selling of BAR HARBOR BANKSHARES Common Stock on the open market.