Iannelli Josephine 4/A
4/A · BAR HARBOR BANKSHARES · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Bar Harbor Bankshares (BHB) CFO Josephine Iannelli Receives Award
What Happened
Josephine Iannelli, EVP, CFO & Treasurer of Bar Harbor Bankshares, received 4,623 shares of common stock upon settlement of performance-based vesting on April 23, 2025 (award). To cover tax withholding, 3,579 of those shares were surrendered at $29.19 per share, a disposition valued at $104,471. Net increase to her holdings from this event was 1,044 shares (4,623 granted − 3,579 withheld). The Form 4 was amended (filed 2026-01-28) to correct the ending share balance.
Key Details
- Transaction date: 2025-04-23 (award vesting and tax withholding)
- Award: 4,623 shares (performance-based vesting; footnote states criteria met on 4/23/2025)
- Tax withholding/disposition: 3,579 shares at $29.19 = $104,471 (code F)
- Net shares retained from the grant: 1,044 shares
- Filing: Amended Form 4 filed 2026-01-28; amendment note: "Amended to correct ending share balance." Final post-transaction holdings are not shown in the supplied details.
Context
This was an issuance/vesting of performance shares, not an open-market purchase or sale. The 3,579-share disposition reflects shares withheld to pay taxes (a routine administrative action), not a market sale that would signal selling pressure. The amendment and the late filing date relative to the transaction (Apr 2025 event, Jan 2026 amended filing) are noted in the filing.
Insider Transaction Report
- Award
Common Stock
[F1]2025-04-23+4,623→ 44,690 total - Tax Payment
Common Stock
2025-04-23$29.19/sh−3,579$104,471→ 41,111 total
Footnotes (1)
- [F1]Represents shares of BHB common stock ("Common Stock") acquired upon the settlement of performance-based vesting criteria. The performance criteria were met on April 23, 2025.