Burke & Herbert EVP granted 925 RSUs
Burke & Herbert Financial Services Corp. reported that EVP and Chief Risk Officer Jennifer Palmer Schmidt acquired an equity award under the company’s compensation program.
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported that EVP and Chief Risk Officer Jennifer Palmer Schmidt acquired an equity award under the company’s compensation program. She received 925 time-based restricted stock units that will vest in three equal annual installments, conditioned on her continued employment.
Each restricted stock unit will be settled in one share of Burke & Herbert Financial Services Corp. common stock when it vests. Following this award, Schmidt’s directly owned common stock holdings total 4,472 shares.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 925 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person received an award of 925 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Burke & Herbert (BHRB) report for Jennifer Palmer Schmidt?
How many Burke & Herbert (BHRB) RSUs were granted to Jennifer Palmer Schmidt?
What is the vesting schedule for Jennifer Palmer Schmidt’s BHRB restricted stock units?
How will Jennifer Palmer Schmidt’s BHRB RSUs be settled when they vest?
Was Jennifer Palmer Schmidt’s BHRB Form 4 transaction a purchase or an equity award?
AI-generated analysis. How Rhea-AI works. Not financial advice.