Ritchie Bradford E 4

What Happened

Ritchie Bradford E, Executive Vice President and Chief Lending Officer of Burke & Herbert Financial Services Corp. (BHRB), was granted 1,790 time‑based restricted stock units (RSUs) on 2026-01-22. The award is reported at $0.00 per share (no cash purchase); each RSU will be settled in one share of common stock when it vests.

Key Details

• Transaction date: 2026-01-22; transaction type: Award/Grant (Code A); amount: 1,790 RSUs; reported price: $0.00.
• Vesting: Award vests in three equal annual installments, subject to continued employment (see footnote F1).
• Settlement: Each RSU will be converted to one share of Burke & Herbert common stock upon vesting.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing: Form 4 filed/accepted 2026-02-19 (about four weeks after the grant); this appears later than the typical 2‑business‑day filing requirement for Form 4s.

Context

RSU grants are a form of compensation, not an outright market purchase or sale. They represent future entitlement to shares if vesting conditions are met and do not involve immediate sale or cash proceeds. The filing shows a typical time‑based retention award rather than an immediate trading decision.