Burke & Herbert (NASDAQ: BHRB) EVP logs tax-withholding share disposition, holds 50,926 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. executive reports routine tax withholding on shares. EVP, Financial Strategy Robert S. Tissue had 1,364 shares of common stock withheld at $64.64 per share to cover tax obligations. After this disposition, he holds 50,926 shares directly and 373 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
TISSUE ROBERT S
Role
EVP, Financial Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,364 | $64.64 | $88K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,926 shares (Direct, null);
Common Stock — 373 shares (Indirect, By Spouse)
Footnotes (1)
Key Figures
Tax-withholding shares: 1,364 shares
Withholding price: $64.64 per share
Direct holdings after: 50,926 shares
+2 more
5 metrics
Tax-withholding shares
1,364 shares
Common stock withheld for tax liability
Withholding price
$64.64 per share
Price used for tax-withholding disposition
Direct holdings after
50,926 shares
Direct common stock held after transaction
Indirect holdings after
373 shares
Common stock held indirectly by spouse
Tax-withholding entries
1 transaction
Single Code F disposition reported
Key Terms
tax-withholding disposition, Common Stock, indirect ownership, Form 4, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Payment of exercise price or tax liability by delivering securities financial
""transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did BHRB EVP Robert Tissue report on this Form 4?
Robert S. Tissue reported a tax-withholding disposition of Burke & Herbert Financial Services Corp. common stock. 1,364 shares were withheld to satisfy tax obligations, rather than sold in the open market, reflecting a routine administrative transaction.
Is the BHRB Form 4 transaction a stock sale or routine tax withholding?
The Form 4 describes a Code F tax-withholding disposition, meaning shares were delivered to cover tax obligations. It is not reported as an open-market sale, but as an administrative step tied to equity compensation or a similar event.
What roles and ownership types are disclosed for Robert Tissue in the BHRB Form 4?
The filing lists Robert S. Tissue as EVP, Financial Strategy of Burke & Herbert Financial Services Corp. It reports direct ownership of 50,926 shares and indirect ownership of 373 shares, with the indirect stake held "By Spouse".