David P. Boyle - Jun 17, 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
Stock symbol
BHRB
Transactions as of
Jun 17, 2024
Transactions value $
-$242,710
Form type
4
Date filed
6/18/2024, 01:41 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHRB Common Stock Options Exercise +8K +44.53% 26K Jun 17, 2024 Direct F1
transaction BHRB Common Stock Tax liability -$114K -2.41K -9.27% $47.46 23.6K Jun 17, 2024 Direct
transaction BHRB Common Stock Options Exercise +8K +33.96% 31.6K Jun 17, 2024 Direct F1
transaction BHRB Common Stock Tax liability -$128K -2.71K -8.57% $47.46 28.9K Jun 17, 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 -8K -100% $0.00* 0 Jun 17, 2024 Common Stock 8K Direct F1, F2
transaction BHRB Restricted Stock Units Options Exercise $0 -8K -100% $0.00* 0 Jun 17, 2024 Common Stock 8K 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.