Burke & Herbert director sells 1,000 shares
Burke & Herbert Financial Services Corp. director George Georgette R. reported an indirect sale of 1,000 shares of common stock on August 3, 2026 at $73.6676 per share by the LeRoy M. Rashid 1996 Irrevocable Trust Family Fund.
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. director George Georgette R. reported an indirect sale of 1,000 shares of common stock on August 3, 2026 at $73.6676 per share by the LeRoy M. Rashid 1996 Irrevocable Trust Family Fund. After this transaction, that trust held 38,321 shares, with additional reported positions of 22,971 shares held directly and further indirect holdings through other family-related entities and plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
6 txns
Insider
George Georgette R.
Role
Director
Sold
1,000 shs ($74K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $73.6676 | $74K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,321 shares (Indirect, LeRoy M. Rashid 1996 Irrevocable Trust Family Fund);
Common Stock — 22,971 shares (Direct);
Common Stock — 1,971 shares (Indirect, By Catherine V. George Revocable Trust);
Common Stock — 9,696 shares (Indirect, By Sellaro Enterprises, Inc.);
Common Stock — 21,032 shares (Indirect, By 401(k) Plan FBO Spouse);
Common Stock — 38,722 shares (Indirect, By George Brothers Investment Partnership)
Key Figures
Shares sold: 1,000 shares
Sale price: $73.6676 per share
Trust holdings after sale: 38,321 shares
+5 more
8 metrics
Shares sold
1,000 shares
Indirect sale of common stock on August 3, 2026
Sale price
$73.6676 per share
Price for the 1,000-share indirect sale of common stock
Trust holdings after sale
38,321 shares
LeRoy M. Rashid 1996 Irrevocable Trust Family Fund position following sale
Direct holdings
22,971 shares
Common stock held directly by the reporting person as of August 3, 2026
Catherine V. George Revocable Trust
1,971 shares
Indirect common stock holdings via revocable trust
Sellaro Enterprises, Inc.
9,696 shares
Indirect common stock holdings by Sellaro Enterprises, Inc.
401(k) Plan FBO Spouse
21,032 shares
Indirect holdings via 401(k) Plan FBO Spouse
George Brothers Investment Partnership
38,722 shares
Indirect holdings via George Brothers Investment Partnership
Key Terms
Irrevocable Trust, Revocable Trust, 401(k) Plan, indirect ownership
4 terms
Irrevocable Trust financial
"LeRoy M. Rashid 1996 Irrevocable Trust Family Fund"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Revocable Trust financial
"By Catherine V. George Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
401(k) Plan financial
"By 401(k) Plan FBO Spouse"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"ownership_type set to indirect for several holdings"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Burke & Herbert (BHRB) report in this Form 4?
Burke & Herbert (BHRB) reported that director George Georgette R. had an indirect sale of 1,000 shares of common stock. The sale occurred on August 3, 2026 at a price of $73.6676 per share through a family trust.
What direct holdings of BHRB stock does the reporting person show in this filing?
The Form 4 shows that the reporting person held 22,971 shares of BHRB common stock directly as of August 3, 2026. This direct position is separate from multiple indirect holdings reported through various trusts, an investment partnership, and a 401(k) plan.
What other indirect BHRB holdings are disclosed for the reporting person?
Besides the main family trust, indirect BHRB holdings include 1,971 shares via the Catherine V. George Revocable Trust, 9,696 shares by Sellaro Enterprises, Inc., 21,032 shares by a 401(k) Plan FBO spouse, and 38,722 shares by George Brothers Investment Partnership.
Was the BHRB insider sale reported as part of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmed. This indicates the reported 1,000-share indirect sale of BHRB common stock was not affirmed as executed pursuant to a Rule 10b5-1 trading plan based on the form’s designation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
