Director at Bar Harbor Bankshares (NYSE: BHB) adds stock via dividend plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bar Harbor Bankshares director David M. Colter increased his holdings through a dividend plan. On June 18, 2026, he acquired 19.6565 shares of common stock at $36.10 per share via the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan, a transaction exempt under Rule 16b-3(d). After this small, routine acquisition, he directly owns a total of 12,723.399 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colter David M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19.657 | $36.10 | $709.60 |
Holdings After Transaction:
Common Stock — 12,723.399 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 19.6565 shares
Acquisition price: $36.10 per share
Shares owned after transaction: 12,723.399 shares
+1 more
4 metrics
Shares acquired
19.6565 shares
Common Stock acquired on June 18, 2026
Acquisition price
$36.10 per share
Price for Common Stock acquired on June 18, 2026
Shares owned after transaction
12,723.399 shares
Total direct Common Stock holdings after June 18, 2026 transaction
Transaction type
Grant/award acquisition
Code A, non-derivative Common Stock
Key Terms
Dividend Reinvestment and Direct Stock Purchase and Sale Plan, Rule 16b-3(d), Common Stock
3 terms
Dividend Reinvestment and Direct Stock Purchase and Sale Plan financial
"These shares were 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.
Common Stock financial
"security_title: Common Stock; shares were acquired through the plan"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.