STOCK TITAN

Burke & Herbert (BHRB) SVP awarded 950 time-based RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Huffman Patrick Kip reported acquisition or exercise transactions in this Form 4 filing.

Burke & Herbert Financial Services Corp. reported that SVP and Chief Accounting Officer Patrick Kip Huffman received an award of 950 time-based restricted stock units. The RSUs vest in three annual installments beginning on May 3, 2027, with each vested unit settled in one common share within 60 days. Following this equity grant, he directly holds 2,554 shares of common stock.

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Insider Huffman Patrick Kip
Role SVP, Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 950 $0.00 --
Holdings After Transaction: Common Stock — 2,554 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 950 units Time-based restricted stock units awarded to SVP
Grant price $0.0000 per share Reported transaction price for RSU-related common stock entry
Shares after transaction 2,554 shares Common stock directly held following the award
Vesting start date May 3, 2027 First of three annual RSU vesting dates
Vesting schedule 3 annual installments RSUs vest in three equal annual tranches
Settlement timing within 60 days Each vested RSU settled in common stock within 60 days of vesting
restricted stock units ("RSUs") financial
"The reporting person received an award of 950 time based restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time based financial
"The reporting person received an award of 950 time based restricted stock units ("RSUs")."
vest financial
"The award will vest in three annual installments beginning on May 3, 2027, subject to the reporting person's continued employment"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settled financial
"Each vested RSU will be settled in share of Burke & Herbert Financial Services Corp. common stock within 60 days"
continued employment financial
"subject to the reporting person's continued employment through each applicable vesting date."
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Huffman Patrick Kip

(Last)(First)(Middle)
100 SOUTH FAIRFAX STREET

(Street)
ALEXANDRIA VIRGINIA 22314

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/03/2026A950(1)A$02,554D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person received an award of 950 time based restricted stock units ("RSUs"). The award will vest in three annual installments beginning on May 3, 2027, subject to the reporting person's continued employment through each applicable vesting date. Each vested RSU will be settled in share of Burke & Herbert Financial Services Corp. common stock within 60 days of the vested date.
Remarks:
/s/ Matthew Rucker, as Attorney-in-Fact for Patrick K. Huffman05/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Burke & Herbert (BHRB) report for Patrick Kip Huffman?

Burke & Herbert reported that SVP and Chief Accounting Officer Patrick Kip Huffman received an award of 950 time-based restricted stock units. These units vest over three years and each vested RSU will convert into one share of common stock within 60 days of vesting.

How many Burke & Herbert (BHRB) shares does Patrick Kip Huffman hold after this Form 4?

After this equity award, Patrick Kip Huffman directly holds 2,554 shares of Burke & Herbert common stock. This total reflects the reported position following the grant of 950 restricted stock units, as disclosed in the Form 4 transaction table for common stock.

What are the vesting terms of the 950 RSUs granted by Burke & Herbert (BHRB)?

The 950 time-based RSUs vest in three annual installments beginning on May 3, 2027. Vesting is conditioned on Huffman’s continued employment through each vesting date, aligning the award with ongoing service at Burke & Herbert Financial Services Corp. over the three-year period.

How will the Burke & Herbert (BHRB) RSU award be settled once vested?

Each vested restricted stock unit will be settled in one share of Burke & Herbert common stock. Settlement occurs within 60 days after the applicable vesting date, turning the time-based RSUs into actual shares if the employment-based vesting conditions are satisfied.

Does the Burke & Herbert (BHRB) RSU grant involve any purchase price?

The Form 4 shows the 950-share award at a price of $0.0000 per share, indicating it is a compensation grant rather than an open-market purchase. The units are provided as part of equity-based compensation with vesting tied to continued employment.