Burke & Herbert (BHRB) CFO awarded 5,984 PRSUs in incentive plan
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported an equity award to its EVP and Chief Financial Officer, Roy Eugene Halyama. On January 22, 2026, he acquired 5,984 shares of common stock at a price of $0, reflecting the settlement mechanics of a performance-based restricted stock unit grant rather than a market purchase. Following this award, he beneficially owns 20,053 shares of common stock directly.
According to the accompanying explanation, the award represents 5,984 performance-based restricted stock units (PRSUs) granted under the Burke & Herbert Bank 2024–2025 Merger Incentive Plan. These PRSUs will vest in three annual installments beginning on May 3, 2026, contingent on his continued employment through each vesting date. Each vested PRSU will be settled in shares of Burke & Herbert Financial Services Corp. common stock within 60 days of the applicable vesting date.
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FAQ
What insider transaction did Burke & Herbert (BHRB) disclose for its CFO?
The company disclosed that EVP and Chief Financial Officer Roy Eugene Halyama acquired 5,984 shares of common stock on January 22, 2026, tied to a performance-based restricted stock unit award.
How many performance-based restricted stock units did BHRBs CFO receive?
He received an award of 5,984 performance-based restricted stock units (PRSUs) under the Burke & Herbert Bank 2024 3 2025 Merger Incentive Plan.
What is the vesting schedule for the BHRB CFOs 5,984 PRSUs?
The 5,984 PRSUs will vest in three annual installments beginning on May 3, 2026, subject to his continued employment through each vesting date.
How will the BHRB PRSUs be settled when they vest?
Each vested PRSU will be settled in shares of Burke & Herbert Financial Services Corp. common stock within 60 days of the applicable vesting date.
What is the total number of BHRB shares the CFO beneficially owns after this Form 4 transaction?
After the reported transaction, Roy Eugene Halyama beneficially owns 20,053 shares of Burke & Herbert Financial Services Corp. common stock directly.
Did the BHRB CFO pay any cash for the 5,984 shares reported?
No cash was paid for these shares; the Form 4 lists a transaction price of $0, consistent with shares received through an equity incentive award rather than an open-market purchase.