LINKBANCORP director exits 62,358 shares in merger
LINKBANCORP director Kristen Snyder reported a disposition of 62,358 shares of common stock back to the company as part of a merger transaction.
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Rhea-AI Filing Summary
LINKBANCORP director Kristen Snyder reported a disposition of 62,358 shares of common stock back to the company as part of a merger transaction. The Form 4 classifies this as a disposition to the issuer, with no price per share reported.
Under the Agreement and Plan of Merger between LINKBANCORP and Burke & Herbert Financial Services Corp., each share of LINKBANCORP common stock was converted into the right to receive 0.1350 shares of Burke & Herbert common stock, with cash paid in lieu of any fractional Burke & Herbert shares. Following this conversion, Snyder’s reported direct holdings of LINKBANCORP common stock are shown as zero.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 62,358 | $0.00 | $0.00 |
Footnotes (1)
- 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.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Disposition to issuer financial
common stock financial
FAQ
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What insider transaction did LINKBANCORP (LNKB) director Kristen Snyder report?
Was Kristen Snyder’s LINKBANCORP (LNKB) transaction an open-market sale?
Does Kristen Snyder still hold any LINKBANCORP (LNKB) common stock after the reported transaction?
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