Bar Harbor Bankshares Director Matthew Caras Acquires 114 Shares via DRIP

What Happened Matthew L. Caras, a director of Bar Harbor Bankshares (BHB), acquired 114.509 shares on 2026-09-18 at $40.08 per share, for an aggregate value of $4,590. The transaction is reported as an acquisition (code A) and was effected through the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan.

Key Details

• Transaction date and price: 2026-09-18 at $40.08 per share; total $4,590.
• Shares acquired: 114.509 shares (via DRIP).
• Shares owned after the transaction: Not specified in the Form 4 provided.
• Footnote: Shares were acquired through the reporting person’s participation in the company’s Dividend Reinvestment and Direct Stock Purchase and Sale Plan, exempt under Rule 16b-3(d).
• Filing timeliness: Form filed 2026-09-22 — this appears to be within the two-business-day filing window for a 9/18 transaction.

Context This was a plan-driven dividend reinvestment purchase (DRIP), meaning dividends were used to buy additional company shares automatically. Such plan-based acquisitions are common and typically reflect reinvestment of dividends rather than a discretionary open-market buy. The amount is relatively small (~$4.6k) and, while purchases can be more informative than sales, plan-based DRIP purchases are routine and should be viewed accordingly.