Clarke Michael W 4

4 · LINKBANCORP, Inc. · Filed May 1, 2026

AI-generated summary of this filing

Updated May 1, 2026

LINKBANCORP (LNKB) Director Michael W. Clarke Surrenders 254,573 Shares

What Happened

Michael W. Clarke, a director of LINKBANCORP, disposed of (surrendered) a total of 254,573 LINKBANCORP shares on 2026-05-01 (two dispositions: 67,073 and 187,500 shares). The filing lists the transactions as "Disposition to the issuer" (code D); no per-share price or cash value is reported on the Form 4.
These dispositions were the result of the merger between LINKBANCORP and Burke & Herbert Financial Services Corp. Under the merger agreement each LINKBANCORP share converts into 0.1350 shares of Burke & Herbert. The 254,573 shares convert to about 34,367.355 Burke & Herbert shares (holders will receive cash in lieu for any fractional share).

Key Details

Transaction date: 2026-05-01; Filing date: 2026-05-01 (timely).
Transaction type: Disposition to issuer (D) — surrender/conversion under merger terms, not an open-market sale.
Shares disposed: 67,073 and 187,500 (total 254,573).
Price / value: Not disclosed in the Form 4 (N/A).
Conversion: 0.1350 Burke & Herbert shares per LINKBANCORP share; cash paid for fractional shares per merger agreement (Footnote F1).
Shares owned after transaction: Not specified in this filing.

Context

This was a corporate-action conversion tied to the merger, not a routine insider sale; such dispositions reflect the transaction mechanics rather than an insider signaling buy/sell sentiment. Purchase transactions tend to carry more weight for interpreting insider confidence; here the filing documents the exchange of stock for merger consideration.

Form 4Exit

Period: 2026-05-01

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-05-01−67,073→ 0 total
Disposition to Issuer
Common Stock
[F1]
2026-05-01−187,500→ 0 total(indirect: By IRA)

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.

Signature

/s/ Melanie Vanderau, pursuant to Power of Attorney|2026-05-01

1 file