Burke & Herbert (BHRB) insider corrects mistaken filing on RSU award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. officer Patrick K. Huffman filed an amended insider trading report to correct a previous mistake. The earlier filing incorrectly showed an award of 950 time-vested restricted stock units as if they had already been granted.
The explanation clarifies that this RSU award will not be effective until May 3, 2026, and the units vest in three annual installments beginning on that date. As of January 22, 2026, Huffman beneficially owned 1,000 shares of common stock, which is what the updated Form 4/A reflects.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huffman Patrick Kip
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 950 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,000 shares (Direct)
Footnotes (1)
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FAQ
What does the Burke & Herbert (BHRB) Form 4/A filing correct?
The Form 4/A corrects a mistaken prior insider report. A previous filing improperly reported an award of 950 restricted stock units as if effective. The amendment explains that the award is not effective until May 3, 2026, and updates the share ownership accordingly.
What was the mistake in the earlier Burke & Herbert (BHRB) insider report?
The earlier report mistakenly treated 950 RSUs as already awarded. It showed time-vested restricted stock units as if granted, even though the award is not effective until May 3, 2026, leading to this corrective Form 4/A filing.
When do the 950 Burke & Herbert (BHRB) RSUs for Patrick K. Huffman become effective?
The 950 restricted stock units become effective on May 3, 2026. The filing notes that these time-vested RSUs vest in three annual installments beginning May 3, 2026, and were mistakenly reported as granted earlier in a prior Form 4.
What is Patrick K. Huffman’s role at Burke & Herbert (BHRB)?
Patrick K. Huffman serves as SVP, Chief Accounting Officer. The Form 4/A lists him as an officer of Burke & Herbert Financial Services Corp. with that title, and reports his corrected beneficial ownership of the company’s common stock.
What transaction code is used in the Burke & Herbert (BHRB) Form 4/A?
The filing uses transaction code J for the reported entry. Code J in Table I is associated with a disposition of 950 shares at a price of $0, reflecting the technical correction tied to the previously misreported restricted stock units.