Bar Harbor Bankshares (BHB) SVP receives 2,012-share award, 1,417 shares used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BAR HARBOR BANKSHARES Senior Vice President Alison Noelle DiPaola reported routine equity compensation activity involving company common stock. On April 23, 2026, she received a grant of 2,012 shares of common stock at no cost upon settlement of performance-based vesting criteria that were met on that date.
To cover tax obligations related to this award, 1,417 shares were disposed of through a tax-withholding transaction at $34.38 per share, which is not an open-market sale. After these entries, she directly holds 11,130 shares of common stock and indirectly holds 517 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DiPaola Alison Noelle
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,012 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,417 | $34.38 | $49K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,130 shares (Direct, null);
Common Stock — 517 shares (Indirect, by 401(k))
Footnotes (1)
- [object Object]
Key Figures
Awarded shares: 2,012 shares
Tax-withheld shares: 1,417 shares
Tax-withholding price: $34.38 per share
+2 more
5 metrics
Awarded shares
2,012 shares
Common stock grant upon performance-based vesting on April 23, 2026
Tax-withheld shares
1,417 shares
Shares disposed for tax withholding at $34.38 per share
Tax-withholding price
$34.38 per share
Price applied to 1,417-share tax-withholding disposition
Direct holdings after transactions
11,130 shares
Common stock directly held following April 23, 2026 entries
Indirect 401(k) holdings
517 shares
Common stock held indirectly in a 401(k) plan after transactions
Key Terms
performance-based vesting criteria, tax-withholding disposition, 401(k), grant, award, or other acquisition
4 terms
performance-based vesting criteria financial
"acquired upon the settlement of performance-based vesting criteria. The performance criteria were met on April 23, 2026"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition",
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) financial
"direct_or_indirect": "I",
"nature_of_ownership": "by 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did BHB executive Alison Noelle DiPaola report on April 23, 2026?
Alison Noelle DiPaola reported a grant of 2,012 shares of Bar Harbor Bankshares common stock tied to performance-based vesting, and a tax-withholding disposition of 1,417 shares at $34.38 per share. These actions reflect routine equity compensation and related tax settlement.
What does the tax-withholding disposition mean in the BHB Form 4 filing?
The tax-withholding disposition reflects 1,417 BHB shares used to pay tax liabilities tied to the equity award. Labeled with transaction code F at $34.38 per share, this is an automatic settlement method with the issuer, not an open-market sale initiated for portfolio or valuation reasons.