Burke & Herbert (BHRB) CHRO amends Form 4 to correct 2,003 tax-withheld shares
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported that Chief Human Resources Officer Danyl R. Freeman had 2,003 shares of common stock withheld on July 29, 2026 at $74.08 per share to pay tax liability in connection with stock-settled SARs. Following this tax-withholding disposition, Freeman directly holds 4,684 common shares. This Form 4/A amends a prior filing to correct the withheld-share amount by one share.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 2,003 shares
Net Sell
1 txn
Insider
Freeman Danyl R
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,003 | $74.08 | $148K |
Holdings After Transaction:
Common Stock — 4,684 shares (Direct)
Footnotes (1)
- F1. This Form 4/A is being filed to amend the Form 4 filed on July 30, 2026 to correct the number of shares of Common Stock issued upon settlement of stock-settled SARs exercised on July 29, 2026. The original filing used an estimated tax withholding amount to calculate the number of shares deliverable upon settlement; following final calculation of taxes on the exercise date, the number of shares withheld was adjusted from 2,002 shares to 2,003 shares. This amendment restates the affected line item in Table I accordingly.
Key Figures
Shares withheld for taxes: 2,003 shares
Per-share value for withholding: $74.08 per share
Shares owned after transaction: 4,684 shares
+1 more
4 metrics
Shares withheld for taxes
2,003 shares
Common stock withheld on July 29, 2026 to pay tax liability on stock-settled SARs
Per-share value for withholding
$74.08 per share
Value used for 2,003 withheld common shares on July 29, 2026
Shares owned after transaction
4,684 shares
Directly held Burke & Herbert common stock following the July 29, 2026 disposition
Original withheld share count
2,002 shares
Estimated tax-withholding amount in the original Form 4 before this amendment
Key Terms
stock-settled SARs, Form 4/A, tax withholding, Payment of tax liability by delivering or withholding securities
4 terms
stock-settled SARs financial
"shares of Common Stock issued upon settlement of stock-settled SARs exercised"
Form 4/A regulatory
"This Form 4/A is being filed to amend the Form 4 filed"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
tax withholding financial
"original filing used an estimated tax withholding amount to calculate"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Payment of tax liability by delivering or withholding securities financial
"transaction code description Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BHRB executive Danyl R. Freeman report in this Form 4/A?
Danyl R. Freeman reported 2,003 shares of Burke & Herbert common stock withheld on July 29, 2026 at $74.08 per share to pay tax liability related to stock-settled SARs.
Why was this Burke & Herbert (BHRB) Form 4/A filed as an amendment?
The Form 4/A corrects an earlier Form 4 that used an estimated tax withholding amount. The final tax calculation increased withheld shares from 2,002 to 2,003, and the amended filing restates that line item.
Was the BHRB Form 4/A transaction a market sale by Danyl R. Freeman?
The transaction is coded F, indicating payment of tax liability by delivering or withholding securities related to stock-settled SARs, rather than a discretionary open-market purchase or sale.