David P. Boyle - 25 Feb 2024 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: 25 Feb 2024
Net transactions value: -$59,350
Form type: 4
Filing time: 27 Feb 2024, 09:47:31 UTC
Previous filing: 15 Sep 2023
Next filing: 04 Jun 2024
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		+3,480	+24%		17,990	25 Feb 2024	Direct	F1
transaction	BHRB	Common Stock	Tax liability	$59,350	-1,085	-6%	$54.70	16,905	25 Feb 2024	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	-3,480	-100%	$0.000000^*	0	25 Feb 2024	Common Stock	3,480		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 February 25, 2021, the reporting person was granted 3,480 restricted stock units, vesting on February 25, 2024, assuming continued service at that time.