Edgar Jason Paul 4
4 · BAR HARBOR BANKSHARES · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Bar Harbor (BHB) President Edgar Jason Paul Receives Award
What Happened
Edgar Jason Paul, President of BHWM (a subsidiary of Bar Harbor Bankshares, BHB), received a grant/settlement of 3,070 shares on April 23, 2026 after performance-based vesting. To cover tax withholding, 2,044 of those shares were surrendered/disposed at $34.38 each, valued at $70,273, leaving a net increase of 1,026 shares to his holdings.
Key Details
- Transaction date: April 23, 2026; Form 4 filed April 27, 2026 (filed within the SEC’s two-business-day window).
- Award: 3,070 shares granted (transaction code A); no per-share price applicable for the award.
- Withholding/disposition: 2,044 shares withheld to cover tax liability (transaction code F) at $34.38/share, totaling $70,273.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Award represents shares acquired upon settlement of performance-based vesting criteria met on April 23, 2026.
- This withholding is a tax-related disposition (not an open-market sale).
Context
This was a performance-based award settlement with shares withheld to satisfy taxes — a routine administrative step rather than a market sale. Such awards increase insider ownership (net +1,026 shares here) but do not necessarily signal buying intention in the open market.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-23+3,070→ 24,632 total - Tax Payment
Common Stock
2026-04-23$34.38/sh−2,044$70,273→ 22,588 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.