SCHEDULE: FMR LLC Reports Stake in Bar Harbor Bankshares
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting a combined beneficial ownership of 0.1% of Bar Harbor Bankshares' common stock as of March 31, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, reporting their beneficial ownership of Bar Harbor Bankshares' common stock.
- The filing indicates that as of March 31, 2026, FMR LLC beneficially owns 16,112.85 shares, representing 0.1% of the class of securities.
- Abigail P. Johnson also beneficially owns 16,112.85 shares, also representing 0.1% of the class of securities.
- Fidelity Management & Research Company LLC and Strategic Advisers LLC are identified as investment advisers (IA) within the FMR reporting group.
- Abigail P. Johnson is the Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a neutral filing, primarily a routine disclosure of a small, passive ownership stake with no significant new information regarding the company's performance or strategy.
Positives
- FMR LLC and Abigail P. Johnson maintain a stake in Bar Harbor Bankshares, indicating continued investment interest.
- The filing is an amendment to a Schedule 13G, suggesting ongoing reporting and transparency regarding ownership.
Negatives
- The reported ownership stake of 0.1% is very small, suggesting a passive investment rather than significant influence.
Risks
- The filing does not explicitly mention any risks associated with the investment or the company itself.
Future Outlook
No specific forward-looking statements or guidance are provided in this Schedule 13G filing.
Management Comments
- Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC.
- The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares.
- Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors or other entities that acquire beneficial ownership of more than 5% of a company's voting stock. In this case, the filing by FMR LLC and Abigail P. Johnson, reporting a stake below 5%, indicates a passive investment or a change in reporting thresholds.
Stakeholder Impact
- Shareholders: The filing provides transparency on a significant investment entity's holdings, though the small percentage suggests minimal immediate impact on share price or control.
Next Steps
- Continue to monitor future filings for any changes in beneficial ownership by FMR LLC and Abigail P. Johnson.
Key Dates
| Date | Description |
|---|---|
| 01/12/1998 | Securities and Exchange Commission Release No. 34-39538 referenced in Exhibit 99. |
| 04/13/2026 | Effective date for Power of Attorney for FMR LLC and Abigail P. Johnson. |
| 04/29/2026 | Date of Schedule 13G filing by FMR LLC referenced in the power of attorney. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Reporting period end date). |
| 05/05/2026 | Date of joint filing agreement and signature date for Schedule 13G. |
Keywords
Schedule 13G, FMR LLC, Abigail P. Johnson, Bar Harbor Bankshares, Beneficial Ownership, Common Stock, Investment Adviser, Fidelity Management & Research Company LLC, Strategic Advisers LLC
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