BHRB HR chief granted 704 performance RSUs
Burke & Herbert Financial Services Corp. reported that its Chief Human Resources Officer, Danyl R. Freeman, received an award of 704 performance-based restricted stock units (PRSUs) on January 22, 2026.
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported that its Chief Human Resources Officer, Danyl R. Freeman, received an award of 704 performance-based restricted stock units (PRSUs) on January 22, 2026. These PRSUs were granted under the Burke & Herbert Bank 2024–2025 Merger Incentive Plan adopted May 1, 2024, and were recorded at a price of $0 per share, reflecting that this was an equity incentive grant rather than an open-market purchase.
The award will vest in three annual installments beginning May 3, 2026, as long as Freeman remains employed through each vesting date. Each vested PRSU will be settled in shares of Burke & Herbert Financial Services Corp. common stock within 60 days after it vests. Following this grant, Freeman beneficially owns 3,153 shares of common stock directly and 6,106 shares indirectly through an IRA, highlighting a meaningful equity alignment with the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 704 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The reporting person received an award of 704 performance-based restricted stock units ("PRSUs") under the Burke & Herbert Bank 2024 - 2025 Merger Incentive Plan adopted May 1, 2024. The award will vest in three annual installments beginning on May 3, 2026, subject to the reporting person's continued employment through each applicable vesting date. Each vested PRSU will be settled in share of Burke & Herbert Financial Services Corp. common stock within 60 days of the vested date.
FAQ
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What insider transaction did BHRB report for Danyl R. Freeman?
How do the 704 PRSUs granted to BHRB executive Danyl Freeman vest?
How will BHRB settle the performance-based RSUs granted to Danyl Freeman?
Under which plan did BHRB grant PRSUs to Danyl R. Freeman?
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