TISSUE ROBERT S 4

What Happened
Robert S. Tissue, Executive Vice President for Financial Strategy at Burke & Herbert Financial Services Corp. (BHRB), had 1,364 shares disposed on 2026-05-03 to satisfy a tax obligation tied to an equity award/exercise. The filing reports a per-share amount of $64.64, for a total value of approximately $88,169. This is recorded as a code F transaction (payment of exercise price or tax liability) — a withholding event, not an open-market sale.

Key Details

• Transaction date: 2026-05-03; Form 4 filed: 2026-05-04 (timely filing).
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld).
• Shares involved: 1,364 shares at $64.64 per share; total value ≈ $88,169.
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnotes/notes: Code F typically means shares were retained/withheld to cover taxes from an option exercise or award (cashless/tax withholding), not sold on the open market.
• Timeliness: Filing appears timely (reported the next day).

Context
This disposition is a routine tax-withholding event following an equity award or option exercise. Because shares were withheld rather than sold in the open market, the transaction is administrative and does not necessarily signal insider sentiment about the company. Retail investors often give more weight to outright purchases than to withholding-related dispositions.