Freeman Danyl R 4
Research Summary
AI-generated summary
BHRB CHRO Danyl R. Freeman Withholds 202 Shares for Taxes
What Happened Danyl R. Freeman, Chief Human Resources Officer of Burke & Herbert Financial Services Corp. (BHRB), had 202 shares disposed on May 3, 2026 as a tax withholding (transaction code F). The shares were valued at $64.64 each for a total of $13,057. This was a withholding to satisfy tax obligations rather than an open-market sale.
Key Details
- Transaction date: 2026-05-03; Report filed: 2026-05-04 (timely)
- Action: 202 shares disposed via tax withholding (Code F)
- Price per share: $64.64; Total value: $13,057
- Shares owned after transaction: not specified in the provided filing
- Footnote: Code F indicates shares were surrendered/withheld to cover tax liabilities (common after exercises or awards)
Context Tax-withholding dispositions are routine and generally reflect payroll/tax mechanics following an option exercise or equity award, not an investment decision. Because this was a withholding (not an open-market sale), it should not be interpreted as a clear bullish or bearish signal about the company.