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Burke & Herbert (BHRB) director granted 1,000-share equity award, holds 32,500

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Burke & Herbert Financial Services Corp. director Jose David Riojas received an award of 1,000 shares of common stock as a grant for board service. The award was at a stated price of $0.00 per share and is characterized as a grant or other acquisition rather than an open-market purchase.

Following this grant, his direct ownership increased to 12,500 shares of common stock. The filing also reports indirect ownership of 20,000 shares of common stock held by the Jose and Susan Riojas Joint Revocable Trust, providing additional long-term exposure to the company’s stock.

A related footnote explains that the award represents restricted stock units granted for service as a director, which vest on the first anniversary of the grant date, subject to continued service and satisfaction of attendance requirements. This indicates the compensation is performance- and service-based rather than immediate unrestricted equity.

Positive

  • None.

Negative

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Insider Riojas Jose David
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,000 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 12,500 shares (Direct, null); Common Stock — 20,000 shares (Indirect, Held by Jose and Susan Riojas Joint Revocable Trust)
Footnotes (1)
  1. [object Object]
Stock grant size 1,000 shares Grant or award of common stock for board service
Grant price $0.00 per share Stated price for the 1,000-share award
Direct holdings after grant 12,500 shares Common stock directly owned after the transaction
Indirect holdings 20,000 shares Common stock held by Jose and Susan Riojas Joint Revocable Trust
Restricted stock units financial
"Restricted stock units awarded for service as a director."
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Joint Revocable Trust financial
"Held by Jose and Susan Riojas Joint Revocable Trust"
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FAQ

What did Burke & Herbert (BHRB) director Jose David Riojas report in this Form 4?

Jose David Riojas reported receiving 1,000 shares as a stock grant. The award was for his service as a director and is recorded as a grant or other acquisition, not an open-market purchase, increasing his direct holdings in Burke & Herbert common stock.

How many Burke & Herbert (BHRB) shares does Jose David Riojas own after this filing?

After the grant, Riojas directly owns 12,500 shares of common stock. The filing also shows an additional 20,000 shares held indirectly through the Jose and Susan Riojas Joint Revocable Trust, giving him significant overall exposure to the company’s equity.

What are the terms of the restricted stock units granted to BHRB director Riojas?

The restricted stock units vest on the first anniversary of the grant date. Vesting is conditioned on Riojas continuing to serve as a director and meeting attendance requirements, aligning the equity award with ongoing board service and participation.

Was the 1,000-share award to Burke & Herbert (BHRB) director Riojas an open-market purchase?

No, the 1,000-share transaction is classified as a grant or award. The Form 4 identifies it as a compensation-related acquisition with a stated price of $0.00 per share, rather than a voluntary open-market stock purchase by the director.

How much indirect ownership in Burke & Herbert (BHRB) does Riojas report?

Riojas reports 20,000 shares of indirect ownership. These shares are held by the Jose and Susan Riojas Joint Revocable Trust, as disclosed in the filing, and are separate from his 12,500 directly held shares of Burke & Herbert common stock.
SEC Form 4
FORM 4UNITED 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*
Riojas Jose David

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/19/2026A1,000(1)A$012,500D
Common Stock20,000IHeld by Jose and Susan Riojas Joint Revocable Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units awarded for service as a director. The units vest on the first anniversary of the grant date, subject to continued service and satisfaction of attendance requirements.
Remarks:
/s/ Matthew Rucker, as Attorney-in-Fact for Jose D. Riojas06/22/2026
** Signature of Reporting PersonDate
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)