Jeffrey A. Welch - 27 Apr 2023 Form 4 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Role
EVP, Chief Credit Officer
Signature
/s/ Kirtan Parikh, as Attorney-in-Fact for Jeffrey A. Welch
Issuer symbol
BHRB
Transactions as of
27 Apr 2023
Net transactions value
+$13,304
Form type
4
Filing time
23 Jan 2024, 20:58:17 UTC
Previous filing
21 Apr 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

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 Phantom Stock Award $2,038 +25 +2.5% $81.51 1,015 27 Apr 2023 Common Stock 25 Direct F1
transaction BHRB Phantom Stock Award $9,526 +127 +13% $75.01 1,142 18 May 2023 Common Stock 127 Direct F1
transaction BHRB Phantom Stock Award $268 +5 +0.44% $53.63 1,147 14 Jul 2023 Common Stock 5 Direct F1
transaction BHRB Phantom Stock Award $1,472 +25 +2.2% $58.89 1,172 08 Jan 2024 Common Stock 25 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, upon the reporting person's termination of service.