Shaw Brian D 4
Research Summary
AI-generated summary
Bar Harbor Bankshares (BHB) Director Brian Shaw Receives 42.3 Shares
What Happened
Brian D. Shaw, a director of Bar Harbor Bankshares (BHB), acquired 42.318 shares on March 20, 2026. The shares were recorded at $31.33 per share for a total value of approximately $1,326. The transaction is coded as an acquisition/award (A) and represents shares obtained through the company’s dividend reinvestment/direct purchase plan.
Key Details
- Transaction date and price: 2026-03-20, 42.318 shares at $31.33 each.
- Reported value: ≈ $1,326.
- Filing date: Form 4 filed 2026-03-23 (appears timely, within the two-business-day SEC window).
- Shares owned after the transaction: not disclosed in the supplied filing.
- Footnote: Shares were acquired via the Bar Harbor Bankshares Dividend Reinvestment and Direct Stock Purchase and Sale Plan; transaction exempt under Rule 16b-3(d).
Context
This was a dividend reinvestment purchase — a routine way insiders can accumulate small amounts of stock by reinvesting cash dividends. Such DRIP acquisitions are generally automated and exempt under Rule 16b-3(d); the small dollar value here ($~1.3k) suggests limited market or signaling impact.