Colombo Marion 4
4 · BAR HARBOR BANKSHARES · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Bar Harbor Bankshares (BHB) EVP Marion Colombo Receives Award, Sells Shares
What Happened
- Marion Colombo, Executive Vice President of Bar Harbor Bankshares (BHB), received 3,173 shares of common stock upon satisfaction of performance-based vesting on April 23, 2026.
- On the same date, 2,395 shares were disposed (code F) at $34.38 per share to cover tax liabilities, generating proceeds of $82,340. Net shares retained from the award appear to be 778 shares (3,173 awarded minus 2,395 withheld).
Key Details
- Transaction date: April 23, 2026.
- Award: 3,173 shares (code A); acquisition price reported as N/A (performance-based vesting).
- Tax withholding/disposition: 2,395 shares at $34.38 per share; total $82,340 (code F).
- Shares owned after transaction: Not reported in the filing.
- Footnote: The 3,173 shares were issued upon settlement of performance-based vesting criteria met on April 23, 2026 (Footnote F1).
- Filing date: April 27, 2026 — filed within the typical two-business-day Form 4 window for an April 23 transaction (timely).
Context
- This was not an open-market purchase. It was a performance-based equity award with shares withheld/sold to satisfy tax obligations — a common, routine administration of equity compensation rather than a trading decision.
- The withholding reduced the immediate net gain in Colombo’s holdings; the transaction does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Colombo Marion
EXECUTIVE VICE PRESIDENT
Transactions
- Award
Common Stock
[F1]2026-04-23+3,173→ 31,216 total - Tax Payment
Common Stock
2026-04-23$34.38/sh−2,395$82,340→ 28,821 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