Director at Burke & Herbert (BHRB) awarded 1,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. director David Wilson reported an equity award and updated share holdings. He received 1,000 restricted stock units of common stock as compensation for board service at no cash cost, classified as an acquisition. According to the filing, the units vest on the first anniversary of the grant date, subject to continued service and meeting attendance requirements. After the grant, Wilson directly holds 23,348 shares of common stock and also reports several indirect positions, including shares held as custodian for family members, by his spouse, and through entities such as ADBM Landholdings, LLC and A.D.B.M. Properties, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
WILSON DAVID
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,348 shares (Direct, null);
Common Stock — 2,751 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,000 units
Direct shares after grant: 23,348 shares
ADBM Landholdings, LLC position: 38,142 shares
+2 more
5 metrics
Restricted stock grant
1,000 units
Awarded for director service on 2026-06-19
Direct shares after grant
23,348 shares
Common stock directly held following transaction
ADBM Landholdings, LLC position
38,142 shares
Indirect holdings reported by ADBM Landholdings, LLC
A.D.B.M. Properties, LLC position
5,445 shares
Indirect holdings reported by A.D.B.M. Properties, LLC
Spouse-held shares
2,751 shares
Indirect ownership reported as held by spouse
Key Terms
Restricted stock units, UGMA, indirect ownership, grant, award, or other acquisition
4 terms
Restricted stock units financial
"Restricted stock units awarded for service as a director."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
UGMA financial
"As Custodian for Miles Holland under UGMA"
indirect ownership financial
"ownership_type: "indirect", ownership_code: "I""
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Burke & Herbert (BHRB) director David Wilson report?
David Wilson reported an equity compensation award and updated holdings. He was granted 1,000 restricted stock units of Burke & Herbert common stock and disclosed his resulting direct and indirect share positions, including personal holdings, family custodial accounts, spouse holdings, and several related entity ownerships.
How many restricted stock units did David Wilson receive from Burke & Herbert (BHRB)?
David Wilson received 1,000 restricted stock units of common stock. The award was granted for his service as a director and carries no stated cash purchase price, functioning as stock-based compensation rather than an open-market share purchase or sale transaction.
What are the vesting terms for David Wilson’s restricted stock units at Burke & Herbert (BHRB)?
The restricted stock units vest on the first anniversary of the grant date. Vesting is conditioned on Wilson’s continued service as a director and satisfaction of specified board meeting attendance requirements described in the Form 4 footnote.
What indirect Burke & Herbert (BHRB) holdings are associated with David Wilson?
Wilson reports indirect ownership in several blocks of Burke & Herbert common stock. Examples include 38,142 shares held by ADBM Landholdings, LLC and 5,445 shares held by A.D.B.M. Properties, LLC, along with smaller positions for family members and a spouse-held account.