Burke & Herbert CAO granted 495 RSUs
Burke & Herbert Financial Services Corp. reported that its SVP and Chief Accounting Officer, Patrick Kip Huffman, acquired 495 shares of common stock through a grant of time-based restricted stock units.
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. reported that its SVP and Chief Accounting Officer, Patrick Kip Huffman, acquired 495 shares of common stock through a grant of time-based restricted stock units. These RSUs vest in three equal annual installments, contingent on continued employment, and will be settled in common stock. Following this award, his directly owned common stock holdings increased to 1,495 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 495 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reporting person received an award of 495 time-based restricted stock units (RSUs). The award will vest in three equal annual installments subject to the reporting person's continued employment through each applicable vesting date. Each RSU will be settled in a share of Burke & Herbert Financial Services Corp. common stock.
FAQ
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What insider transaction did Burke & Herbert (BHRB) report for Patrick Kip Huffman?
How do the granted RSUs for Burke & Herbert (BHRB) executive Patrick Kip Huffman vest?
Will the RSUs granted to Patrick Kip Huffman at Burke & Herbert (BHRB) be settled in stock or cash?
AI-generated analysis. How Rhea-AI works. Not financial advice.