Bar Harbor Bankshares (BHB) director adds stock via dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bar Harbor Bankshares director Heather D. Jones acquired 23.846 shares of common stock on June 18, 2026 at an implied price of $36.25 per share. The shares were obtained through participation in the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan under Rule 16b-3(d). Following this routine award, she directly holds 2,566.636 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Heather D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23.846 | $36.25 | $864.42 |
Holdings After Transaction:
Common Stock — 2,566.636 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 23.846 shares
Implied acquisition price: $36.25 per share
Shares owned after transaction: 2,566.636 shares
3 metrics
Shares acquired
23.846 shares
Common Stock, acquired June 18, 2026
Implied acquisition price
$36.25 per share
Common Stock grant/award acquisition
Shares owned after transaction
2,566.636 shares
Total direct holdings following acquisition
Key Terms
Dividend Reinvestment and Direct Stock Purchase and Sale Plan, Rule 16b-3(d), Grant, award, or other acquisition, non-derivative
4 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
"in a 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"transaction_type: non-derivative"