Bar Harbor Bankshares CEO acquires stock via DRIP plan

Bar Harbor Bankshares President/CEO Curtis C. Simard reported two grant/award acquisitions of common stock on September 12, 2025, for 48.3154 shares at $32.84 and 962.9 shares at $32.66, held indirectly through the Curtis C. Simard Revocable Trust.

Rhea-AI Filing Summary

Bar Harbor Bankshares President/CEO Curtis C. Simard reported two grant/award acquisitions of common stock on September 12, 2025, for 48.3154 shares at $32.84 and 962.9 shares at $32.66, held indirectly through the Curtis C. Simard Revocable Trust. The filing notes shares acquired through participation in Bar Harbor Bankshares’ Dividend Reinvestment and Direct Stock Purchase and Sale Plan in a transaction exempt under Rule 16b-3(d). After these transactions, the revocable trust holds 123,345.9889 shares of common stock.

Insights

Financial Analyst

TL;DR: Insider purchases via DRIP/direct plan are routine and appear immaterial to valuation.

The transactions reported by Curtis C. Simard are purchases through the issuer's Dividend Reinvestment and Direct Stock Purchase and Sale Plan and are exempt under Rule 16b-3(d). The reported amounts—48.3154 shares at $32.84 and 962.9 shares at $32.66—are modest and likely reflect automatic plan activity rather than selective open-market accumulation. Because the filing shows indirect holdings via a revocable trust and a 401(k), these purchases maintain insider alignment with shareholders but do not on their own signal a material change to ownership or control.

Corporate Governance Expert

TL;DR: Disclosure is standard and complies with Section 16 reporting; no governance red flags evident.

The Form 4 is filed by one reporting person and discloses the reporting person’s roles as President/CEO and director. Transactions are clearly identified as plan-based and exempt under Rule 16b-3(d), with signature executed by an attorney-in-fact. The report includes indirect ownership via a revocable trust and a 401(k), and there are no amendments or unusual derivative transactions disclosed. From a governance perspective, the filing is routine and complete as presented.

Insider Trade Summary

Grant/Award: 1,011.2154 shares

Grant/Award 3 txns

Insider Simard Curtis C

Role PRESIDENT/CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	48.3154	$32.84	$2K
Grant/Award	Common Stock	962.9	$32.66	$31K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 123,345.9889 shares (Indirect, Held by Curtis C. Simard Revocable Trust); Common Stock — 1,917 shares (Indirect, by 401(k))

Footnotes (1)

1. F1. 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.

Key Figures

Grant/award acquisition 1: 48.3154 shares Grant/award acquisition 2: 962.9000 shares Revocable trust holding: 123,345.9889 shares +1 more

4 metrics

Grant/award acquisition 1 48.3154 shares Non-derivative common stock grant/award acquisition at $32.84 per share on September 12, 2025

Grant/award acquisition 2 962.9000 shares Non-derivative common stock grant/award acquisition at $32.66 per share on September 12, 2025

Revocable trust holding 123,345.9889 shares Common stock held indirectly by Curtis C. Simard Revocable Trust after reported transactions

401(k) plan holding 1917.0000 shares Indirect common stock position held by 401(k) plan as of September 12, 2025

Key Terms

Dividend Reinvestment and Direct Stock Purchase and Sale Plan, Rule 16b-3(d), Revocable Trust

3 terms

Dividend Reinvestment and Direct Stock Purchase and Sale Plan financial

"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

"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.

Revocable Trust financial

"Held by Curtis C. Simard Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BHB President/CEO Curtis C. Simard report in this Form 4?

Curtis C. Simard reported two grant/award acquisitions of Bar Harbor Bankshares common stock, totaling 48.3154 shares at $32.84 and 962.9 shares at $32.66, held indirectly through his revocable trust and associated with the company’s dividend reinvestment and direct stock purchase plan.

How many BHB shares does Curtis C. Simard’s revocable trust hold after the transactions?

Following the reported grant/award acquisitions, the Curtis C. Simard Revocable Trust holds 123,345.9889 shares of Bar Harbor Bankshares common stock, as the indirect post-transaction position disclosed in the filing’s canonical holdings data.

At what prices did BHB shares transfer to Curtis C. Simard’s revocable trust?

The reported grant/award acquisitions were 48.3154 shares at $32.84 per share and 962.9 shares at $32.66 per share, both in Bar Harbor Bankshares common stock held indirectly through the Curtis C. Simard Revocable Trust.

What plan is referenced in Curtis C. Simard’s BHB Form 4 filing?

A footnote states that certain shares were acquired through 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 Exchange Act of 1934.

Does the BHB Form 4 mention any exemption for Curtis C. Simard’s transactions?

Yes. A footnote explains that the reported share acquisitions under the dividend reinvestment and direct stock purchase plan were exempt under Rule 16b-3(d) of the Securities Exchange Act of 1934, which addresses certain insider transactions approved by issuers.

What indirect holdings related to BHB are shown for Curtis C. Simard’s retirement plan?

The Form 4 includes a holding entry indicating 1,917.0000 shares of Bar Harbor Bankshares common stock held indirectly by a 401(k) plan as of September 12, 2025, separate from the revocable trust holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/16/2025 - 02:48 PM Learn about SEC filing dates

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

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^*

Simard Curtis C

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT/CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

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

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	09/12/2025		A(1)	V	48.3154	A	$32.84	122,383.0889	I	Held by Curtis C. Simard Revocable Trust
Common Stock	09/12/2025		A(1)	V	962.9	A	$32.66	123,345.9889	I	Held by Curtis C. Simard Revocable Trust
Common Stock								1,917	I	by 401(k)

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. 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-Fact	09/16/2025
	** 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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