Iannelli Josephine 4
4 · BAR HARBOR BANKSHARES · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
BHB CFO Josephine Iannelli Receives Performance Award
What Happened
Josephine Iannelli, EVP, Chief Financial Officer and Treasurer of Bar Harbor Bankshares (BHB), received a performance‑based award of 4,910 shares that vested on April 23, 2026. To satisfy tax withholding, 3,519 of those shares were surrendered at $34.38 each for a cash value of $120,983; the remaining 1,391 shares were delivered to her.
Key Details
- Transaction date: April 23, 2026; Form 4 filed April 27, 2026 (no late filing indicated in the report).
- Grant/award (code A): 4,910 shares acquired upon settlement of performance-based vesting criteria (footnote: performance criteria met 4/23/2026).
- Tax withholding (code F): 3,519 shares disposed at $34.38/share for $120,983 to cover tax liability.
- Net shares delivered to insider: 1,391 shares (4,910 awarded minus 3,519 withheld).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a routine settlement of performance-based restricted stock/award, not an open-market purchase or sale for cash. The disposal was a tax‑withholding event (common when awards vest) and does not by itself signal a change in insider sentiment.
Insider Transaction Report
Form 4
Iannelli Josephine
EVP, CFO & TREASURER
Transactions
- Award
Common Stock
[F1]2026-04-23+4,910→ 51,458 total - Tax Payment
Common Stock
2026-04-23$34.38/sh−3,519$120,983→ 47,939 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, 2026.
Signature
/s/ Olivia Erickson, Attorney-in-Fact|2026-04-27