George Georgette R. 4
Research Summary
AI-generated summary
Burke & Herbert (BHRB) Director George Georgette Receives 1,000-Share Award
What Happened
- George Georgette R., a director of Burke & Herbert Financial Services Corp. (BHRB), was awarded 1,000 restricted stock units (RSUs) on 2026-06-19. The Form 4 reports the acquisition as 1,000 shares at $0.00 (transaction code A — award/grant), reported on 2026-06-22.
- The grant price is shown as $0.00; the filing does not state a cash value. These RSUs are compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-19; Form 4 filed: 2026-06-22.
- Reported transaction: Award of 1,000 RSUs (code A) at $0.00 per unit.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — RSUs awarded for service as a director; units vest on the first anniversary of the grant date, subject to continued service and satisfaction of attendance requirements.
Context
- RSUs are a form of equity compensation that typically convert into common shares at vesting; until vested they generally cannot be sold. This award reflects director compensation for service rather than a market purchase that would be interpreted as a direct bullish bet.
- No indication in the provided data that the filing was marked late; review the full Form 4 for any timeliness notes or additional details (e.g., tax withholding or share counts after vesting).