Form 4: Bar Harbor Bankshares CEO Acquires Additional Shares Through Dividend Reinvestment Plan

Curtis C. Simard, President and CEO of Bar Harbor Bankshares, increased his holdings through participation in the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan.

Summary

• On March 20, 2025, Curtis C. Simard, the President and CEO of Bar Harbor Bankshares, acquired additional shares of common stock through the company's Dividend Reinvestment and Direct Stock Purchase and Sale Plan.
• He acquired 821.429 shares at a price of $30.77 per share and 42.7575 shares at $30.61 per share.
• Following these transactions, Simard directly owns 116,361.2935 shares of common stock and indirectly owns 1,917 shares through a 401(k).
• The transactions were exempt under Rule 16b-3(d) of the Securities and Exchange Act of 1934.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by an insider, which is neither overwhelmingly positive nor negative.

Positives

• The CEO's participation in the Dividend Reinvestment Plan signals confidence in the company's future.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. Dividend reinvestment plans are a common way for insiders to increase their holdings.

Stakeholder Impact

• The increased stake of the CEO could be viewed positively by shareholders, signaling alignment of interests.

Key Dates

Keywords

Bar Harbor Bankshares, Curtis C. Simard, Dividend Reinvestment Plan, Stock Purchase Plan, Form 4, Beneficial Ownership, Insider Trading