Burke & Herbert (BHRB) president amends Form 4 for SAR share correction

Rhea-AI Filing Summary

Burke & Herbert Financial Services Corp. president Charles H. Maddy III reported an amended insider transaction. On June 29, 2026, he disposed of 18,521 shares of common stock at $71.34 per share to pay the exercise price or tax liability on stock-settled SARs, leaving 50,845 shares directly owned. The amendment corrects the number of shares issued upon SAR settlement, adjusting it from 4,370 to 4,203 shares based on the final fair market value.

Insider Trade Summary

Net Seller: 18,521 shares

Net Sell 1 txn

Insider MADDY H CHARLES III

Role President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock F1	18,521	$71.34	$1.32M

Holdings After Transaction: Common Stock — 50,845 shares (Direct)

Footnotes (1)

1. F1. This Form 4/A is being filed to amend the Form 4 filed on June 30, 2026 to correct the number of shares of Common Stock issued upon settlement of stock-settled SARs exercised on June 29, 2026. The original filing used an estimated fair market value to calculate the number of shares deliverable upon settlement; following final calculation of the fair market value on the exercise date, the number of shares issued was adjusted from 4,370 shares to 4,203 shares. This amendment restates the affected line item in Table I accordingly.

Key Figures

Shares disposed (code F): 18,521 shares Price per share: $71.34 Shares owned after transaction: 50,845 shares +2 more

5 metrics

Shares disposed (code F) 18,521 shares Common stock delivered or withheld on June 29, 2026

Price per share $71.34 Per-share value used for the June 29, 2026 transaction

Shares owned after transaction 50,845 shares Direct ownership following the June 29, 2026 disposition

Original SAR shares reported 4,370 shares Initial number of common shares reported issued upon SAR settlement

Corrected SAR shares issued 4,203 shares Adjusted number of common shares issued after final fair market value

Key Terms

stock-settled SARs, fair market value, Payment of exercise price or tax liability

3 terms

stock-settled SARs financial

"shares of Common Stock issued upon settlement of stock-settled SARs exercised"

fair market value financial

"following final calculation of the fair market value on the exercise date"

The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

Payment of exercise price or tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 01:33 PM Accepted by SEC EDGAR 08/12/2026 - 01:33 PM Learn about SEC filing dates

FAQ

What insider transaction did BHRB president Charles H. Maddy III report?

Charles H. Maddy III reported disposing of 18,521 shares of Burke & Herbert Financial Services common stock on June 29, 2026 at $71.34 per share to pay the exercise price or tax liability related to stock-settled SARs.

How many BHRB shares does Charles H. Maddy III hold after the amended Form 4/A?

Following the June 29, 2026 transaction, Charles H. Maddy III directly owns 50,845 shares of Burke & Herbert Financial Services Corp. common stock, as reported in the amended Form 4/A filing.

What correction does the BHRB Form 4/A make to the prior filing?

The amendment corrects the number of BHRB common shares issued upon settlement of stock-settled SARs on June 29, 2026, adjusting the figure from 4,370 shares to 4,203 shares after the final fair market value was calculated.

What does transaction code F mean in the BHRB Form 4/A filing?

Transaction code F indicates that 18,521 shares of BHRB common stock were delivered or withheld for payment of the exercise price or tax liability associated with equity awards, rather than an open-market sale or purchase.

Is the BHRB Form 4/A transaction under a Rule 10b5-1 trading plan?

The Form 4/A indicates the Rule 10b5-1 checkbox is not affirmed, so the reported June 29, 2026 transaction is not identified as having been executed pursuant to a Rule 10b5-1 trading plan in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MADDY H CHARLES III

(Last) (First) (Middle)

100 SOUTH FAIRFAX STREET

(Street)

ALEXANDRIA VIRGINIA 22314

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Burke & Herbert Financial Services Corp. [ BHRB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/30/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/29/2026		F		18,521(1)	D	$71.34	50,845	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This Form 4/A is being filed to amend the Form 4 filed on June 30, 2026 to correct the number of shares of Common Stock issued upon settlement of stock-settled SARs exercised on June 29, 2026. The original filing used an estimated fair market value to calculate the number of shares deliverable upon settlement; following final calculation of the fair market value on the exercise date, the number of shares issued was adjusted from 4,370 shares to 4,203 shares. This amendment restates the affected line item in Table I accordingly.

Remarks:

	/s/ Matthew Rucker, as Attorney-in-Fact for H. Charles Maddy III	08/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)