Smith Kenneth Eugene 4

What Happened

• Kenneth Eugene Smith, a director of Bar Harbor Bankshares (BHB), acquired a total of 296.121 shares on March 20, 2026 through three award/acquisition transactions under the company's dividend reinvestment and direct stock purchase plan. The lots: 13 shares at $31.54 ($410), 234.493 shares at $31.33 ($7,347), and 48.628 shares at $31.06 ($1,510), totaling roughly $9,267. These were acquisitions (code A) via the dividend reinvestment plan — a routine way for insiders to receive additional shares when dividends are paid.

Key Details

• Transaction date: 2026-03-20
• Lots and prices: 13 @ $31.54 ($410); 234.493 @ $31.33 ($7,347); 48.628 @ $31.06 ($1,510)
• Total shares acquired: 296.121; approximate total value: $9,267
• Footnote: Shares were acquired through the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan; transaction exempt under Rule 16b-3(d)
• Filing: Form 4 filed 2026-03-23 — appears to be filed within the standard two-business-day window
• Shares owned after the transaction: not specified in the provided filing

Context

• These shares were obtained via a dividend reinvestment plan (DRIP), which is typically automatic and non-discretionary rather than an active open-market purchase. While purchases can be a bullish signal, DRIP acquisitions are often routine and reflect dividend policy rather than a director’s discretionary decision to buy shares.