Jeffrey A. Welch - Apr 27, 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
Stock symbol
BHRB
Transactions as of
Apr 27, 2023
Transactions value $
$13,304
Form type
4
Date filed
1/23/2024, 08:58 PM
Previous filing
Apr 21, 2023
Next filing
Feb 14, 2024

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 $2.04K +25 +2.53% $81.51 1.02K Apr 27, 2023 Common Stock 25 Direct F1
transaction BHRB Phantom Stock Award $9.53K +127 +12.51% $75.01 1.14K May 18, 2023 Common Stock 127 Direct F1
transaction BHRB Phantom Stock Award $268 +5 +0.44% $53.63 1.15K Jul 14, 2023 Common Stock 5 Direct F1
transaction BHRB Phantom Stock Award $1.47K +25 +2.18% $58.89 1.17K Jan 8, 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.