Director of Burke & Herbert (NASDAQ: BHRB) awarded 1,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinson Samuel Laing III reported acquisition or exercise transactions in this Form 4 filing.
Burke & Herbert Financial Services Corp. director Samuel Laing Hinson III reported an award of 1,000 restricted stock units of common stock for board service. These units vest on the first anniversary of the grant date, subject to continued service and attendance requirements. Following the award, he directly holds 28,560 shares of common stock and has additional indirect holdings of 33,602 shares through Kedge Capital, LLC and 31,040 shares through S.L. Hinson Associates, LLLP.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hinson Samuel Laing III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,560 shares (Direct, null);
Common Stock — 31,040 shares (Indirect, Held by S.L. Hinson Associates, LLLP, an affiliated company)
Footnotes (1)
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Key Figures
Restricted stock unit grant: 1,000 units
Grant price per share: $0.0000 per share
Direct shares after award: 28,560 shares
+2 more
5 metrics
Restricted stock unit grant
1,000 units
Awarded for service as a director on 2026-06-19
Grant price per share
$0.0000 per share
Restricted stock unit award, compensation grant
Direct shares after award
28,560 shares
Common stock directly held following transaction
Indirect shares via Kedge Capital, LLC
33,602 shares
Common stock indirectly held through affiliated company
Indirect shares via S.L. Hinson Associates, LLLP
31,040 shares
Common stock indirectly held through affiliated partnership
Key Terms
Restricted stock units, grant, award, or other acquisition, indirect ownership, transaction code A
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect; Held by Kedge Capital, LLC, an affiliated company"
transaction code A regulatory
"transaction_code: A for non-derivative common stock award"
FAQ
What insider transaction did BHRB director Samuel Laing Hinson III report?
He reported an award of 1,000 restricted stock units of common stock for service as a director. The units were granted at no stated price and are compensation rather than a market purchase or sale.
When do the restricted stock units granted to the BHRB director vest?
The restricted stock units vest on the first anniversary of the grant date. Vesting is conditioned on the director’s continued service on the board and satisfaction of specified attendance requirements during the year.
Was the BHRB director’s reported transaction a market purchase or sale?
No, the filing shows a grant of 1,000 restricted stock units with a transaction code A, indicating a grant, award, or other acquisition. It does not represent an open-market purchase or sale of shares.