BAR HARBOR BANKSHARES 8-K

What Happened

• Bar Harbor Bankshares (BHB) filed an 8-K on May 7, 2026 reporting the results of its 2026 Annual Meeting of Shareholders. A total of 13,903,941 shares (83% of voting power) were present in person or by proxy.
• All 10 director nominees were elected to serve until the 2027 Annual Meeting: Daina H. Belair; Matthew L. Caras; David M. Colter; Lauri E. Fernald; James E. Graham; Heather D. Jones; Debra B. Miller; Brian D. Shaw; Curtis C. Simard; and Scott G. Toothaker.
• Shareholders also voted on advisory approval of executive compensation and ratified the appointment of independent auditor Crowe LLP for fiscal 2026.

Key Details

• Shareholder turnout: 13,903,941 shares present, representing 83% of voting power.
• Director elections: each of the 10 nominees received a majority of votes (For votes per nominee ranged around 11.46M–11.80M; broker non-votes totaled 2,034,816).
• Say-on-pay (non-binding): 11,555,813 For; 170,026 Against; 143,286 Abstain; 2,034,816 broker non-votes.
• Auditor ratification: Crowe LLP ratified with 13,784,100 For, 87,956 Against, 31,885 Abstain (no broker non-votes on this item).

Why It Matters

• Board continuity: Re-election of all 10 nominees maintains the current board slate and governance continuity through the 2027 meeting.
• Executive pay oversight: The non-binding approval indicates shareholder support for the disclosed 2025 executive compensation, though it is advisory only.
• Audit stability: Ratification of Crowe LLP as auditor provides assurance of continuity in external financial review for fiscal 2026.
• Participation level: An 83% vote participation is a strong turnout, and the presence of ~2.03M broker non-votes on some items is typical for non-routine proposals and can affect reported totals for those votes.