Bar Harbor Bankshares Director Buys 114.144 Shares via DRIP

Rhea-AI Filing Summary

Matthew L. Caras, a director of Bar Harbor Bankshares (BHB), reported an insider purchase of common stock on 09/12/2025. The Form 4 shows he acquired 114.144 shares at a price of $32.66 per share through the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan. The transaction is reported as exempt under Rule 16b-3(d).

Following the purchase, Mr. Caras beneficially owned 19,943.505 shares. The filing was submitted by a single reporting person and signed on behalf of Mr. Caras by an attorney-in-fact on 09/16/2025.

Positive

• Transaction disclosed promptly on Form 4, showing compliance with Section 16 reporting
• Acquisition executed via company plan (Dividend Reinvestment and Direct Stock Purchase), indicating routine participation

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine dividend reinvestment purchase by a director; small share increase, no material change to ownership stake.

This Form 4 documents a director-level acquisition of 114.144 shares at $32.66 via the issuer's dividend reinvestment plan, an exempt transaction under Rule 16b-3(d). The acquisition method and size indicate routine participation in a company plan rather than a market-timed investment. The post-transaction beneficial ownership of 19,943.505 shares is reported, but the filing provides no context on percentage ownership or impact on control. For investors, this is a standard insider uptake tied to dividend policy, not a material corporate event.

Corporate Governance Expert

TL;DR: Compliance filing appears routine and properly documented; transaction claimed under Rule 16b-3(d).

The disclosure identifies the reporting person as a director and records the transaction as exempt under Rule 16b-3(d), consistent with plan-based reinvestment of dividends. The Form 4 is filed by one reporting person and includes an attorney-in-fact signature dated 09/16/2025. There are no amendments, derivative transactions, or indications of coordinated insider activity disclosed. From a governance perspective, this filing reflects expected compliance with Section 16 reporting requirements.

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
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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^*

Caras Matthew L

(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
	Officer (give title below)		Other (specify below)

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	114.144	A	$32.66	19,943.505	D

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.
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.

FAQ

What transaction did Matthew L. Caras report on the Form 4 for BHB?

He reported acquiring 114.144 shares of Bar Harbor Bankshares common stock on 09/12/2025 at $32.66 per share.

How many shares does the reporting person own after the transaction?

The Form 4 shows 19,943.505 shares beneficially owned following the reported purchase.

Under what authority was the transaction made?

The shares were acquired through the issuer's Dividend Reinvestment and Direct Stock Purchase and Sale Plan and reported as exempt under Rule 16b-3(d).

What is the reporting person's relationship to BHB?

The reporting person, Matthew L. Caras, is identified as a Director of Bar Harbor Bankshares.

When was the Form 4 signed and by whom?

The filing bears a signature by Olivia Erickson, Attorney-in-Fact dated 09/16/2025.