LINKBANCORP, Inc. Insider Trading Activity
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
LINKBANCORP, Inc. EVP Brent S. Smith reported issuer dispositions tied to the company’s merger with Burke & Herbert Financial Services Corp. On May 1, 2026, he disposed of 35,000 indirectly held and 50,091 directly held shares of LINKBANCORP common stock, leaving no reported LINKBANCORP common shares.
In connection with the merger, each share of LINKBANCORP common stock converted into the right to receive 0.1350 Burke & Herbert common shares, with cash paid in lieu of fractional shares. Existing stock options on 40,000 shares and warrants on 240,000 shares were converted into Burke & Herbert instruments using the same 0.1350 ratio with adjusted exercise prices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Options | 40,000 | $0.00 | $0.00 |
| Disposition | Warrants | 240,000 | $0.00 | $0.00 |
| Disposition | Common Stock | 50,091 | $0.00 | $0.00 |
| Disposition | Common Stock | 35,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Pursuant to the Agreement and Plan of Merger dated December 18, 2025 between the Issuer and Burke & Herbert Financial Services Corp. ("Burke & Herbert"), each issued and outstanding share of Issuer common stock was converted into the right to receive 0.1350 shares of common stock of Burke & Herbert. Holders of Issuer Common Stock will receive cash in lieu of fractional shares of Burke & Herbert common stock in accordance with the terms of the Agreement and Plan of Merger.
- F2. This option converted into a stock option exercisable for a number of shares of Burke & Herbert common stock equal to the number of shares of Issuer common stock underlying the option multiplied by 0.1350, rounded down to the nearest whole share, with an exercise price per share of Burke & Herbert common stock equal to the exercise price applicable to the underlying option divided by 0.1350, rounded up to the nearest cent.
- F3. This warrant converted into a stock warrant exercisable for a number of shares of Burke & Herbert common stock equal to the number of shares of Issuer common stock underlying the warrant multiplied by 0.1350, rounded down to the nearest whole share, with an exercise price per share of Burke & Herbert common stock equal to the exercise price applicable to the underlying warrant divided by 0.1350, rounded up to the nearest cent.
AI-generated analysis. How Rhea-AI works. Not financial advice.
