Burke & Herbert (BHRB) COO receives new restricted stock unit grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Burke & Herbert Financial Services Corp. executive Carl D. Lundblad, EVP and Chief Operating Officer, reported a compensation-related stock grant. On June 3, 2026, he received 6.444 restricted stock units, which will vest on June 3, 2029, assuming he continues in service through that date. These restricted stock units convert into common stock on a one-for-one basis once vested. Following this award, he directly holds 26,672 shares of common stock and also has an indirect holding of 1,710 shares through an IRA.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LUNDBLAD CARL D

Role EVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,444	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 26,672 shares (Direct, null); Common Stock — 1,710 shares (Indirect, By IRA)

Footnotes (1)

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Key Figures

RSU grant: 6.444 restricted stock units RSU vesting date: June 3, 2029 Direct holdings after grant: 26,672 shares +1 more

4 metrics

RSU grant 6.444 restricted stock units Granted to EVP & COO on June 3, 2026

RSU vesting date June 3, 2029 Vesting assumes continued service through this date

Direct holdings after grant 26,672 shares Common stock directly owned following the award

Indirect IRA holdings 1,710 shares Common stock held indirectly through an IRA

Key Terms

restricted stock units, one-for-one basis, IRA

3 terms

restricted stock units financial

"the reporting person was granted 6.444 restricted stock units, vesting on June 3, 2029"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

one-for-one basis financial

"Restricted stock units convert into common stock on a one-for-one basis"

IRA financial

"total_shares_following_transaction 1710.0000, direct_or_indirect I, nature_of_ownership By IRA"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 08:45 AM

SEC Form 4

FORM 4

UNITED 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^*

LUNDBLAD CARL D

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/03/2026		A		6,444⁽¹⁾	A	$0⁽¹⁾	26,672	D
Common Stock								1,710	I	By IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On June 3, 2026, the reporting person was granted 6.444 restricted stock units, vesting on June 3, 2029, assuming continued service at that time. Restricted stock units convert into common stock on a one-for-one basis.

Remarks:

	/s/ Matthew Rucker, as Attorney-in-Fact for Carl D. Lundblad	06/05/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Burke & Herbert (BHRB) COO Carl Lundblad report in this Form 4?

Carl D. Lundblad reported receiving 6.444 restricted stock units as compensation. The units were granted on June 3, 2026 and will convert into common stock after vesting, adding to his existing direct and indirect shareholdings in Burke & Herbert.

How many restricted stock units did BHRB grant to its COO Carl Lundblad?

Burke & Herbert granted Carl D. Lundblad 6.444 restricted stock units. These units represent a future right to receive the same number of common shares, subject to vesting conditions based on his continued service with the company.

When do Carl Lundblad’s restricted stock units at Burke & Herbert vest?

The 6.444 restricted stock units granted to Carl D. Lundblad vest on June 3, 2029. Vesting requires his continued service with Burke & Herbert through that date, after which the units convert into shares of common stock on a one-for-one basis.

How many Burke & Herbert shares does Carl Lundblad hold after this grant?

After the grant, Carl D. Lundblad directly holds 26,672 shares of Burke & Herbert common stock. He also has an additional 1,710 shares held indirectly through an IRA, reflecting both his direct and retirement-related ownership positions in the company.

Is Carl Lundblad’s recent BHRB stock transaction a market purchase or sale?

The reported transaction is a grant of 6.444 restricted stock units, not a market purchase or sale. It is a compensation-related award at no stated purchase price, with shares delivered only if vesting conditions are met over time.

How do Carl Lundblad’s restricted stock units at Burke & Herbert convert to shares?

The restricted stock units granted to Carl D. Lundblad convert into Burke & Herbert common stock on a one-for-one basis. Once the units vest on June 3, 2029, each unit becomes one share, increasing his direct equity holdings if he remains in service.