BHB director awarded 1,349 fully vested restricted shares at $0
Rhea-AI Filing Summary
Bar Harbor Bankshares reported that one of its directors received a grant of 1,349 shares of common stock on 11/14/2025. The transaction was reported on a Form 4 as an acquisition at a price of $0, reflecting an equity award rather than an open-market purchase.
The director’s beneficial ownership increased to 28,445.431 shares held directly after this grant. The award is described as restricted stock that is fully vested, but the shares are subject to a transfer restriction that will lapse three months after the director’s service on the company’s Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,349 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock the Reporting Person received from the issuer. These shares are fully vested, but are subject to a restriction on transfer that will lapse three months following the end of service to the Issuer's Board of Directors.
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FAQ
Was the BHB director stock transaction an open-market purchase?
No. The Form 4 explains that the 1,349 shares represent a grant of restricted stock from the issuer rather than a purchase on the open market.
What are the transfer restrictions on the director’s BHB restricted stock grant?
The filing states that although the restricted stock is fully vested, the shares are subject to a restriction on transfer that will lapse three months after the director’s service on the Board of Directors ends.
Does this Form 4 for BHB report any derivative securities transactions?
No derivative securities transactions are reported. The Table II section for derivative securities is present but does not list any acquired or disposed instruments.