STOCK TITAN

Bar Harbor (BHB) Director Acquires 15.5098 Shares via DRIP at $32.84

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

Rhea-AI Filing Summary

Director David M. Colter acquired 15.5098 shares of Bar Harbor Bankshares (BHB) on 09/12/2025 at a reported price of $32.84 per share through the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan. After the transaction the reporting person beneficially owned 10,823.2894 shares in a direct ownership form. The filing was executed under the Rule 16b-3(d) exemption for such plan purchases and the Form 4 was signed by an attorney-in-fact on 09/16/2025.

Positive

  • Insider participation in the company's DRIP indicates reinvestment rather than cashing out
  • Disclosure shows direct beneficial ownership of 10,823.2894 shares, providing transparency

Negative

  • None.

Insights

TL;DR: Small director purchase via DRIP increases direct ownership to 10,823.2894 shares; not materially market-moving.

The reported acquisition of 15.5098 shares at $32.84 through the Dividend Reinvestment and Direct Stock Purchase Plan represents a routine, exempt transaction under Rule 16b-3(d). The change is modest in absolute terms relative to typical institutional positions and is executed under an established plan rather than an ad hoc open-market trade. This limits its immediate informational value for investors assessing material shifts in insider conviction.

TL;DR: Transaction follows company DRIP rules; disclosure and signature by attorney-in-fact meet filing formalities.

The Form 4 discloses the director's participation in the issuer's dividend reinvestment plan and records the director as a direct beneficial owner following the purchase. The report includes required details: transaction date, price per share, resulting beneficial ownership, and an attestation via attorney-in-fact signature. The filing appears procedurally complete and consistent with Section 16 reporting requirements.

Insider Colter David M
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 15.51 $32.84 $509.34
Holdings After Transaction: Common Stock — 10,823.289 shares (Direct)
Footnotes (1)
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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*
Colter David M

(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 15.5098 A $32.84 10,823.2894 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 BHB director David M. Colter report on Form 4?

He reported acquiring 15.5098 shares of Bar Harbor Bankshares on 09/12/2025 via the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan.

At what price were the BHB shares acquired by the director?

The reported purchase price was $32.84 per share.

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

The reporting person beneficially owned 10,823.2894 shares following the reported transaction.

Was the Form 4 filing signed and when?

The Form 4 was signed by an attorney-in-fact (/s/ Olivia Erickson) on 09/16/2025.

Under what rule was the transaction exempt?

The shares were acquired in a transaction exempt under Rule 16b-3(d) of the Securities Exchange Act of 1934.