Hager Joseph 4

What Happened
Joseph Hager, Chief Operating Officer of Burke & Herbert Financial Services Corp. (BHRB), received an award of 1,320 restricted stock units (RSUs) on January 22, 2026. The RSUs were granted at $0.00 (no cash purchase) and will be settled in common shares upon vesting. The grant does not represent an immediate purchase or sale of shares.

Key Details

• Transaction date: 2026-01-22; Transaction type/code: Award (A).
• Amount: 1,320 RSUs; reported acquisition price: $0.00; reported cash value on grant: $0.
• Vesting: The award vests in three equal annual installments, subject to continued employment; each RSU converts to one share when vested (per footnote).
• Filing: Form 4 filed with the SEC on 2026-02-19 for the Jan 22 transaction (appears to be filed after the typical 2-business-day reporting window).
• Shares owned after transaction: Not specified in this filing.
• No 10b5-1 plan, tax-withholding, or sale noted in this filing.

Context
RSU grants are compensation, not open-market purchases or sales. They represent a future right to receive shares if vesting conditions are met, so they align an executive’s long-term incentives with shareholders but do not indicate an immediate market purchase or sale.