Burke & Herbert (BHRB) EVP receives 488 PRSUs under merger incentive plan
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported that EVP and Chief Experience Officer Angela R. Zirk received an award of 488 performance-based restricted stock units (PRSUs) of common stock on 01/22/2026 at a grant price of $0 per share. These PRSUs were granted under the Burke & Herbert Bank 2024–2025 Merger Incentive Plan adopted May 1, 2024.
The award will vest in three annual installments beginning on May 3, 2026, conditioned on Zirk’s continued employment through each vesting date. Each vested PRSU will be settled in one share of Burke & Herbert common stock within 60 days after vesting. Following this grant, Zirk holds 2,412 common shares directly and 1,928 common shares indirectly through an IRA.
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FAQ
What transaction did Angela R. Zirk report in this Burke & Herbert (BHRB) Form 4?
Angela R. Zirk reported the receipt of 488 performance-based restricted stock units (PRSUs) of Burke & Herbert Financial Services Corp. common stock, recorded as an acquisition of common stock at a grant price of $0 per share on 01/22/2026.
Under what plan were the 488 PRSUs granted to the Burke & Herbert (BHRB) executive?
The 488 PRSUs were granted under the Burke & Herbert Bank 2024–2025 Merger Incentive Plan, which was adopted on May 1, 2024.
How do the PRSUs granted to Angela R. Zirk vest and settle?
The PRSU award will vest in three annual installments beginning on May 3, 2026, subject to her continued employment through each vesting date. Each vested PRSU will be settled in one share of Burke & Herbert common stock within 60 days of the vesting date.
What is Angela R. Zirk’s role at Burke & Herbert Financial Services Corp. (BHRB)?
Angela R. Zirk is an officer of Burke & Herbert Financial Services Corp., serving as EVP, Chief Experience Officer.
How many Burke & Herbert (BHRB) shares does Angela R. Zirk own after this Form 4 transaction?
After the reported transaction, Angela R. Zirk beneficially owns 2,412 shares of common stock directly and 1,928 shares indirectly through an IRA.
Is the indirect ownership reported in this Form 4 for Burke & Herbert (BHRB) held through a specific vehicle?
Yes. The Form 4 shows 1,928 shares of common stock held indirectly by Angela R. Zirk through an IRA, noted as “By IRA.”