Burke & Herbert (BHRB) director moves 91,361 shares between trusts
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. director Julian Forrest Barnwell Jr. reported an internal trust restructuring on August 4, 2026. He transferred 91,361 shares of common stock for no consideration from the Barnwell Charitable Lead Trust to the J F Barnwell, Jr. Revocable Trust. He continues to hold common stock directly and through several family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Barnwell Julian Forrest Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 91,361 | $0.00 | $0.00 |
| Other | Common Stock F1 | 91,361 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, Trustee for Barnwell Charitable Lead Trust);
Common Stock — 91,361 shares (Indirect, Trustee for J F Barnwell, Jr. Revocable Trust);
Common Stock — 27,580 shares (Direct);
Common Stock — 84,083 shares (Indirect, Trustee for Barnwell Family Trust);
Common Stock — 208,939 shares (Indirect, Trustee for Patricia Barnwell Irrevocable Trust);
Common Stock — 1,000 shares (Indirect, Julian F Barnwell, Jr Irrevocable Trust)
Footnotes (1)
- F1. On August 4, 2026, the Reporting Person transferred 91,361 shares of BHRB common stock from the Barnwell Charitable Lead Trust to the J F Barnwell, Jr. Revocable Trust for no consideration.
Key Figures
Shares transferred between trusts: 91,361 shares
Transfer price per share: 0.0000 per share
Direct common shares held: 27,580 shares
+3 more
6 metrics
Shares transferred between trusts
91,361 shares
Common stock moved on August 4, 2026 from Barnwell Charitable Lead Trust to J F Barnwell, Jr. Revocable Trust
Transfer price per share
0.0000 per share
Reported value for the 91,361-share transfer between Barnwell family trusts
Direct common shares held
27,580 shares
Direct ownership position following August 4, 2026 transactions
Barnwell Family Trust holdings
84,083 shares
Indirect ownership as Trustee for Barnwell Family Trust after the restructuring date
Patricia Barnwell Irrevocable Trust holdings
208,939 shares
Indirect ownership as Trustee for Patricia Barnwell Irrevocable Trust as of August 4, 2026
Julian F Barnwell Jr Irrevocable Trust holdings
1,000 shares
Indirect ownership as Trustee for Julian F Barnwell, Jr Irrevocable Trust
Key Terms
Charitable Lead Trust, Revocable Trust, indirect, Other acquisition or disposition
4 terms
Charitable Lead Trust financial
"Trustee for Barnwell Charitable Lead Trust"
Revocable Trust financial
"Trustee for J F Barnwell, Jr. Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect financial
""ownership_type": "indirect""
Other acquisition or disposition financial
""transaction_code_description": "Other acquisition or disposition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BHRB director Julian F. Barnwell Jr. report?
Julian F. Barnwell Jr. reported transferring 91,361 shares of Burke & Herbert common stock on August 4, 2026. The shares moved from the Barnwell Charitable Lead Trust to the J F Barnwell, Jr. Revocable Trust for no consideration, reflecting an internal trust restructuring.
Did the BHRB insider trust transfer involve a purchase or sale price?
No cash price was involved; the reported transaction used a per-share value of $0.0000. Footnote disclosure states the 91,361 Burke & Herbert common shares were transferred between the Barnwell Charitable Lead Trust and the J F Barnwell, Jr. Revocable Trust for no consideration.
What are Julian Barnwell Jr.'s direct BHRB holdings after this Form 4?
After the reported restructuring, Julian F. Barnwell Jr. holds 27,580 shares of Burke & Herbert common stock as direct ownership. This direct position is separate from his various indirect holdings as trustee for multiple family-related trusts reported in the filing.
What indirect BHRB holdings does Julian Barnwell Jr. report after this filing?
Indirectly, he reports 91,361 shares in the J F Barnwell, Jr. Revocable Trust, 84,083 shares in the Barnwell Family Trust, 208,939 shares in the Patricia Barnwell Irrevocable Trust, and 1,000 shares in the Julian F Barnwell, Jr Irrevocable Trust, all as trustee.
Was the Burke & Herbert (BHRB) insider transaction under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as an affirmative plan for these transactions. The disclosure instead characterizes the activity as an internal transfer of 91,361 shares between family trusts for no consideration, rather than trades under a preset trading plan.