Form 4: Bar Harbor Bankshares CEO Acquires Additional Shares Through Employee Stock Purchase Plan
SEC Form 4 Filing
Curtis C. Simard, President and CEO of Bar Harbor Bankshares, acquired 400 shares of common stock through the company's Employee Stock Purchase Plan at a price of $24.73 per share.
Summary
- On July 8, 2024, Curtis C. Simard, the President and CEO of Bar Harbor Bankshares, acquired 400 shares of common stock.
- The acquisition was made through the Bar Harbor Bankshares 2018 Employee Stock Purchase Plan.
- The price per share was $24.73.
- Following the transaction, Simard directly owns 107,720.075 shares of Bar Harbor Bankshares common stock.
- Simard also indirectly owns 1,667 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and the CEO's participation in the employee stock purchase plan is a mildly positive signal.
Positives
- The CEO's participation in the Employee Stock Purchase Plan could be viewed positively, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider trading. It is common for executives to participate in employee stock purchase plans.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of transaction: Curtis C. Simard acquired 400 shares of common stock. |
| 07/09/2024 | Date of signature on the Form 4 filing. |
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