BHRB director buys 1,000 shares at $63.55
Burke & Herbert Financial Services Corp. director Shawn Patrick McLaughlin reported an open-market purchase of common stock.
Rhea-AI Filing Summary
Burke & Herbert Financial Services Corp. director Shawn Patrick McLaughlin reported an open-market purchase of common stock. He bought 1,000 shares at a weighted average price of $63.5479 per share, increasing his direct holdings to 69,000 shares of common stock.
In addition to his direct position, 1,000 shares are held indirectly through McLaughlin Ryder Investments, Inc., an affiliated company. The purchase price reflects multiple trades executed between $63.53 and $63.55 per share.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
McLaughlin Shawn Patrick
Role
Director
Bought
1,000 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $63.5479 | $64K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,000 shares (Direct);
Common Stock — 1,000 shares (Indirect, Shares held by McLaughlin Ryder Investments, Inc., an affiliated company)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $63.53 to $63.55, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
Shares purchased: 1,000 shares
Purchase price: $63.5479 per share
Direct holdings after trade: 69,000 shares
+2 more
5 metrics
Shares purchased
1,000 shares
Open-market purchase of common stock
Purchase price
$63.5479 per share
Weighted average purchase price with trades from $63.53 to $63.55
Direct holdings after trade
69,000 shares
Common stock directly owned following the transaction
Indirect holdings
1,000 shares
Common stock held by McLaughlin Ryder Investments, Inc.
Price range of trades
$63.53–$63.55 per share
Range of individual purchase prices cited in footnote
Key Terms
open-market purchase, weighted average price, indirect ownership, Common Stock
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 1,000 common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"Shares held by McLaughlin Ryder Investments, Inc., an affiliated company"
Common Stock financial
"security_title: "Common Stock" in both reported entries"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did director Shawn Patrick McLaughlin do in this BHRB Form 4 filing?
Director Shawn Patrick McLaughlin reported buying 1,000 shares of Burke & Herbert Financial Services common stock in an open-market transaction. The filing shows this purchase and updates his direct and indirect ownership positions in the company’s shares.
What does the weighted average price footnote mean in the BHRB Form 4?
The footnote states the reported $63.5479 price is a weighted average of several individual trades between $63.53 and $63.55 per share. McLaughlin undertakes to provide the exact share amounts at each price level upon request to interested parties.
AI-generated analysis. How Rhea-AI works. Not financial advice.
