Bar Harbor (BHB) Director David M. Colter Receives 16.493 Shares

What Happened

• David M. Colter, a director of Bar Harbor Bankshares (BHB), acquired 16.493 shares on 2026-03-20 at $31.50 per share, a total value of about $520. The transaction is recorded as an award/other acquisition (code A).

Key Details

• Transaction date: 2026-03-20; Price: $31.50; Shares acquired: 16.493; Total ≈ $520.
• Filing date (Form 4): 2026-03-23.
• Shares owned after the transaction: Not stated in the provided filing excerpt.
• Footnote: Shares were acquired through the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan and are exempt under Rule 16b-3(d).

Context

• This was a small acquisition via dividend reinvestment (automatic use of dividends to buy additional shares), a routine corporate plan activity rather than an open-market buy. Such DRIP transactions are common and generally viewed as administrative rather than a strong bullish signal, though purchases are often more informative than sales.