Burke & Herbert (BHRB) director Riojas adds 1,300 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. director Jose David Riojas increased his holdings through two open-market purchases of Common Stock at $62.00 per share. A joint revocable trust for Jose and Susan Riojas bought 1,000 shares, bringing its indirect position to 20,000 shares. Separately, he bought 300 shares in a direct account, raising his direct holdings to 11,500 shares. There are no derivative positions reported in this filing, so these transactions reflect straightforward stock purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,300 shares ($80,600)
Net Buy
2 txns
Insider
Riojas Jose David
Role
null
Bought
1,300 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 300 | $62.00 | $19K |
| Purchase | Common Stock | 1,000 | $62.00 | $62K |
Holdings After Transaction:
Common Stock — 11,500 shares (Direct, null);
Common Stock — 20,000 shares (Indirect, Held by Jose and Susan Riojas Joint Revocable Trust)
Footnotes (1)
Key Figures
Trust purchase: 1,000 shares at $62.00
Direct purchase: 300 shares at $62.00
Total net shares bought: 1,300 shares
+3 more
6 metrics
Trust purchase
1,000 shares at $62.00
Open-market buy by joint revocable trust on 2026-05-12
Direct purchase
300 shares at $62.00
Open-market buy in direct account on 2026-05-12
Total net shares bought
1,300 shares
Net-buy across two transactions
Indirect holdings after
20,000 shares
Held by Jose and Susan Riojas Joint Revocable Trust
Direct holdings after
11,500 shares
Direct ownership by Jose David Riojas after purchases
Net-buy direction
1,300-share net buy
transactionSummary netBuySellShares and direction
Key Terms
open-market purchase, Common Stock, indirect ownership, joint revocable trust
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"security_title: Common Stock"
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.
indirect ownership financial
"ownership_type: indirect with joint revocable trust"
joint revocable trust financial
"Held by Jose and Susan Riojas Joint Revocable Trust"
FAQ
What insider transactions did BHRB director Jose David Riojas report?
Director Jose David Riojas reported two open-market purchases of Burke & Herbert Financial Services Common Stock. He bought 1,000 shares through a joint revocable trust and 300 shares directly, all at $62.00 per share, increasing both his indirect and direct ownership stakes.
Were the BHRB insider transactions by Riojas direct or through a trust?
Riojas’ Form 4 shows both indirect and direct transactions. A joint revocable trust for Jose and Susan Riojas bought 1,000 shares, while Riojas personally bought 300 shares directly, each at $62.00 per share, increasing both indirect and direct ownership positions.
Does this BHRB Form 4 include any derivative securities activity?
This Form 4 reports only common stock transactions and no derivative securities. The derivativeSummary section is empty, indicating there were no option exercises, warrant conversions, or other derivative trades disclosed alongside these open-market common stock purchases.