Bar Harbor (BHB) CEO adds 746.7 shares through dividend reinvestment plan
Rhea-AI Filing Summary
BAR HARBOR BANKSHARES President and CEO Curtis C. Simard, through the Curtis C. Simard Revocable Trust, acquired 746.7 shares of common stock at $31.33 per share. The shares were obtained through the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan, in a transaction exempt under Rule 16b-3(d). Following this award, the revocable trust holds 133,242.8241 shares, and a separate 401(k) account holds 2,147 shares, both reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 746.7 shares
Net Buy
2 txns
Insider
Simard Curtis C
Role
PRESIDENT/CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 746.7 | $31.33 | $23K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 133,242.8241 shares (Indirect, Held by Curtis C. Simard Revocable Trust);
Common Stock — 2,147 shares (Indirect, by 401(k))
Footnotes (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.
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FAQ
What did BHB CEO Curtis C. Simard report in this Form 4 filing?
Curtis C. Simard reported acquiring 746.7 BHB common shares through his revocable trust. The shares came via the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan and are reported as indirect ownership, separate from additional shares held in a 401(k) account.
What other BHB holdings did Curtis C. Simard report besides the revocable trust?
Simard also reported 2,147 BHB shares held in a 401(k). These 401(k) shares are listed as a separate indirect holding from the Curtis C. Simard Revocable Trust, which holds 133,242.8241 shares after the reported plan acquisition.