[Form 4] Burke & Herbert Financial Services Corp. Insider Trading Activity

Rhea-AI Filing Summary

Gary L. Hinkle, a director of Burke & Herbert Financial Services Corp. (BHRB), reported transactions dated 09/15/2025. He purchased 100 shares at $61.50 and 1,600 shares at $61.70, reported as acquisitions by a joint revocable trust. The Form 4 also lists multiple indirect holdings including 248,559 and 250,159 shares (by joint revocable trust entries), 266 shares as custodian for a grandchild, 6,666 shares via HT Services, 2,420 shares held by spouse, and 32,201 shares by Hinkle Trucking. The filing shows a disposition of 11,288 shares on the same date. The form was signed by an attorney-in-fact on behalf of Mr. Hinkle.

Positive

• Transparent disclosure of multiple insider transactions and indirect holdings in accordance with Section 16 reporting requirements
• Purchases recorded on 09/15/2025 at specific prices ($61.50 and $61.70), providing clear cost basis information

Negative

• Material sale of 11,288 shares on 09/15/2025 which reduces the insider's direct/indirect stake
• No explanation provided on the form for the purpose of the disposition or reallocation among the reported accounts

Insights

Securities Analyst

TL;DR: Insider made small net transactions on 09/15/2025: acquisitions at ~$61.6 and a significant disposition of 11,288 shares; overall holdings remain largely indirect.

The Form 4 reports two purchases totaling 1,700 shares (100 at $61.50 and 1,600 at $61.70) and a disposal of 11,288 shares, all dated 09/15/2025. Multiple lines indicate sizeable indirect positions through a joint revocable trust and other vehicles, with reported balances such as 248,559 and 250,159 shares in trust accounts. These filings document routine insider activity and redistribution among accounts rather than new compensation or option exercises. The data is factual and limited to ownership changes disclosed on the form.

Corporate Governance Expert

TL;DR: Director-level insider reports mixed activity: modest purchases and a notable sale, recorded across several indirect ownership vehicles.

The filing confirms Mr. Hinkle's status as a director and details ownership held directly or indirectly through trusts, spouse, a custodial account, HT Services, and Hinkle Trucking. The presence of multiple indirect ownership lines is common for family or entity-held stakes and is clearly disclosed here. The Form 4 is a routine disclosure of beneficial ownership changes with no additional governance actions reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HINKLE GARY L

(Last) (First) (Middle)

100 SOUTH FAIRFAX STREET

(Street)

ALEXANDRIA VA 22314

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Burke & Herbert Financial Services Corp. [ BHRB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		P		100	A	$61.5	248,559	I	By Joint Revocable Trust
Common Stock	09/15/2025		P		1,600	A	$61.7	250,159	I	By Joint Revocable Trust
Common Stock								266	I	As Custodian for Grandchild
Common Stock								6,666	I	By HT Services
Common Stock								2,420	I	By Spouse
Common Stock								11,288	D
Common Stock								32,201	I	By Hinkle Trucking

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Matthew Rucker, as Attorney-in-Fact for Gary L. Hinkle	09/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did BHRB director Gary L. Hinkle report on 09/15/2025?

The Form 4 reports purchases of 100 shares at $61.50 and 1,600 shares at $61.70, and a disposition of 11,288 shares, all dated 09/15/2025.

How much beneficial ownership did the joint revocable trust report after the transactions?

The form shows joint revocable trust balances of 248,559 and 250,159 shares on the reported lines associated with the acquisitions.

Does the Form 4 show indirect holdings for Gary L. Hinkle?

Yes. Indirect holdings are reported via a joint revocable trust, HT Services (6,666 shares), spouse (2,420 shares), custodian for a grandchild (266 shares), and Hinkle Trucking (32,201 shares).

Who signed the Form 4 on behalf of Gary L. Hinkle?

The form was signed by /s/ Matthew Rucker, as Attorney-in-Fact for Gary L. Hinkle on 09/15/2025.

Is there any indication this Form 4 amends a prior filing?

No. The form lists a date of earliest transaction as 09/15/2025 and does not provide an amendment date.