David P. Boyle - Jun 3, 2023 Form 4 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Signature
/s/ Kirtan Parikh, as Attorney-in-Fact for David P. Boyle
Stock symbol
BHRB
Transactions as of
Jun 3, 2023
Transactions value $
-$46,740
Form type
4
Date filed
6/5/2023, 10:03 AM
Previous filing
Apr 21, 2023
Next filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHRB Common Stock Options Exercise +1.44K +12.37% 13.1K Jun 3, 2023 Direct F1
transaction BHRB Common Stock Tax liability -$46.7K -570 -4.36% $82.00 12.5K Jun 3, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BHRB Restricted Stock Units Options Exercise $0 -1.44K -100% $0.00* 0 Jun 3, 2023 Common Stock 1.44K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On June 3, 2019, the reporting person was granted 1,440 restricted stock units, vesting on June 3, 2023, assuming continued service at that time.