DAVID P. BOYLE - 03 Jun 2023 Form 4 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Role: Chair, President, & CEO, Director
Signature: /s/ Kirtan Parikh, as Attorney-in-Fact for David P. Boyle
Issuer symbol: BHRB
Transactions as of: 03 Jun 2023
Net transactions value: -$46,740
Form type: 4
Filing time: 05 Jun 2023, 10:03:19 UTC
Previous filing: 21 Apr 2023
Next filing: 12 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHRB	Common Stock	Options Exercise		+1,440	+12%		13,080	03 Jun 2023	Direct	F1
transaction	BHRB	Common Stock	Tax liability	$46,740	-570	-4.4%	$82.00	12,510	03 Jun 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	-1,440	-100%	$0.000000^*	0	03 Jun 2023	Common Stock	1,440		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.