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Merger converts LINKBANCORP shares into Burke & Herbert (BHRB) stock

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

Rhea-AI Filing Summary

Burke & Herbert Financial Services Corp. director Kristen Snyder received 8,418 shares of BHRB common stock. The shares were acquired at no cash price as a grant/award related to the completion of a merger.

According to the merger terms, each of Snyder’s 62,358 shares of LINKBANCORP, Inc. common stock outstanding on the May 1, 2026 closing date was converted into the right to receive 0.1350 shares of BHRB common stock, with cash paid instead of any fractional shares. Following this transaction, Snyder directly holds 8,418 BHRB shares.

Positive

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Negative

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Insider Snyder Kristen
Role null
Type Security Shares Price Value
Grant/Award Common Stock 8,418 $0.00 --
Holdings After Transaction: Common Stock — 8,418 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 8,418 shares Non-derivative grant/award acquisition of BHRB common stock
Total holdings after transaction 8,418 shares Direct ownership of BHRB common stock following Form 4 transaction
LINKBANCORP shares converted 62,358 shares Directly held LNKB common stock converted in merger
Exchange ratio 0.1350 BHRB share per LNKB share Merger conversion rate under the Agreement and Plan of Merger
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger dated December 18, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Agreement regulatory
"the "Merger Agreement") by and between LINKBANCORP, Inc. ("LNKB") and BHRB"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
common stock financial
"62,358 directly held shares of LNKB common stock outstanding at the Closing Date"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fractional shares financial
"with cash to be received in lieu of fractional shares"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
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*
Snyder Kristen

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
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 Stock05/01/2026A8,418(1)A(1)8,418D
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. Pursuant to the Agreement and Plan of Merger dated December 18, 2025 (the "Merger Agreement") by and between LINKBANCORP, Inc. ("LNKB") and BHRB, effective May 1, 2026 (the "Closing Date") LNKB merged into BHRB (the "merger") with BHRB surviving. Pursuant to the Merger Agreement, each of the Reporting Person's 62,358 directly held shares of LNKB common stock outstanding at the Closing Date was converted into the right to receive 0.1350 shares of BHRB common stock, with cash to be received in lieu of fractional shares.
Remarks:
/s/ Matthew Rucker, as Attorney-in-Fact for Kristen Snyder05/01/2026
** 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 does the Burke & Herbert (BHRB) Form 4 for Kristen Snyder report?

The Form 4 reports that director Kristen Snyder acquired 8,418 shares of Burke & Herbert common stock. The shares were received as a grant/award in connection with a completed merger, not through an open-market purchase.

How many BHRB shares did Kristen Snyder receive in this Form 4 filing?

Kristen Snyder received 8,418 shares of Burke & Herbert common stock. These shares were issued at no cash cost per share as part of a merger-related grant/award, rather than being bought on the market for cash consideration.

What was the share exchange ratio between LINKBANCORP and Burke & Herbert in Snyder’s transaction?

Each of Kristen Snyder’s 62,358 LINKBANCORP common shares was converted into the right to receive 0.1350 shares of Burke & Herbert common stock. Any resulting fractional BHRB shares are settled in cash instead of stock, per the merger agreement.

Were Kristen Snyder’s new Burke & Herbert shares purchased on the open market?

No. Kristen Snyder’s 8,418 Burke & Herbert shares were acquired via a grant/award under a merger agreement. The transaction was coded as a non-derivative acquisition, not an open-market purchase or sale of existing shares.

How many Burke & Herbert (BHRB) shares does Kristen Snyder own after this transaction?

After the transaction, Kristen Snyder directly owns 8,418 shares of Burke & Herbert common stock. This figure reflects her total direct holdings as reported in the Form 4 immediately following the merger-related share issuance.

What merger led to Kristen Snyder receiving Burke & Herbert shares?

The shares were issued under an Agreement and Plan of Merger between LINKBANCORP, Inc. and Burke & Herbert. Effective May 1, 2026, LINKBANCORP merged into Burke & Herbert, with Burke & Herbert surviving as the combined company.