Bar Harbor Bankshares (NYSE: BHB) EVP reports share grant and tax-withholding
Rhea-AI Filing Summary
BAR HARBOR BANKSHARES Executive Vice President John M. Mercier reported routine equity compensation activity involving the company’s common stock. On April 23, 2026, he received a grant/award of 3,173 shares, acquired upon the settlement of performance-based vesting criteria that were met on that date.
To cover tax obligations, 2,098 shares were disposed of through a tax-withholding transaction, rather than an open-market sale. After these transactions, Mercier holds 29,022 shares directly and 1,000 shares indirectly through a trust, reflecting ongoing equity ownership in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mercier John M
Role
EXECUTIVE VICE PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,173 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,098 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,022 shares (Direct);
Common Stock — 1,000 shares (Indirect, by Trust)
Footnotes (1)
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Key Figures
Performance-based shares acquired: 3,173 shares
Shares for tax withholding: 2,098 shares
Direct holdings after transactions: 29,022 shares
+1 more
4 metrics
Performance-based shares acquired
3,173 shares
Common Stock grant/award on April 23, 2026
Shares for tax withholding
2,098 shares
Tax-withholding disposition on April 23, 2026
Direct holdings after transactions
29,022 shares
Common Stock directly owned following April 23, 2026 transactions
Indirect holdings by trust
1,000 shares
Common Stock held indirectly by trust
Key Terms
performance-based vesting criteria, tax-withholding disposition, grant, award, or other acquisition, indirect
4 terms
performance-based vesting criteria financial
"acquired upon the settlement of performance-based vesting criteria. The performance criteria were met on April 23, 2026"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition", "transaction_code_description": "Payment of exercise price or tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect financial
""ownership_type": "indirect", "ownership_code": "I""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BHB executive John M. Mercier report in this Form 4 filing?
Executive Vice President John M. Mercier reported a routine equity compensation event, receiving 3,173 shares of Bar Harbor Bankshares common stock after performance-based vesting criteria were met, and a related tax-withholding disposition of 2,098 shares on April 23, 2026.
How does this Form 4 reflect Mercier’s indirect ownership in BHB?
The filing shows that 1,000 Bar Harbor Bankshares common shares are held indirectly by a trust for Mercier. This indirect position is in addition to his 29,022 directly held shares, and both positions are disclosed for transparency around total beneficial ownership.