DAVID P. BOYLE - 17 Jun 2024 Form 4 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Role
Chair & CEO, Director
Signature
/s/ Matthew Rucker, as Attorney-in-Fact for David P. Boyle
Issuer symbol
BHRB
Transactions as of
17 Jun 2024
Net transactions value
-$242,710
Form type
4
Filing time
18 Jun 2024, 13:41:42 UTC
Previous filing
04 Jun 2024
Next filing
23 Jan 2025
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 +8,000 +45% 25,966 17 Jun 2024 Direct F1
transaction BHRB Common Stock Tax liability $114,284 -2,408 -9.3% $47.46 23,558 17 Jun 2024 Direct
transaction BHRB Common Stock Options Exercise +8,000 +34% 31,558 17 Jun 2024 Direct F1
transaction BHRB Common Stock Tax liability $128,427 -2,706 -8.6% $47.46 28,852 17 Jun 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 Performance-Based Restricted Stock Units Options Exercise $0 -8,000 -100% $0.000000* 0 17 Jun 2024 Common Stock 8,000 Direct F1, F2
transaction BHRB Restricted Stock Units Options Exercise $0 -8,000 -100% $0.000000* 0 17 Jun 2024 Common Stock 8,000 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 As a result of the satisfaction of the performance condition, award vested as of June 17, 2024.