BHRB EVP granted 1,000 restricted stock units
Rowan Shannon Barrow reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rowan Shannon Barrow reported acquisition or exercise transactions in this Form 4 filing.
Burke & Herbert Financial Services Corp. executive Rowan Shannon Barrow, EVP of Wealth Services, received an equity award in the form of 1,000 time-based restricted stock units of common stock. The award vests in three equal annual installments, conditioned on continued employment through each vesting date.
Each restricted stock unit will be settled in one share of Burke & Herbert Financial Services Corp. common stock when it vests, increasing Barrow’s direct equity stake over time. Following this grant, Barrow directly holds 5,060 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person received an award of 1,000 time-based restricted stock units (RSUs). The award will vest in three equal annual installments subject to the reporting person's continued employment through each applicable vesting date. Each RSU will be settled in a share of Burke & Herbert Financial Services Corp. common stock.
FAQ
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What insider transaction did BHRB report for Rowan Shannon Barrow?
How do the 1,000 RSUs granted to the BHRB executive vest?
What does each restricted stock unit represent in the BHRB Form 4 filing?
Was the BHRB executive’s RSU award a purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.