Halyama Roy Eugene 4
Research Summary
AI-generated summary
Burke & Herbert (BHRB) CFO Halyama Roy Eugene Receives RSU Award
What Happened
- Halyama Roy Eugene, Chief Financial Officer of Burke & Herbert Financial Services Corp. (BHRB), received an award of 3,650 time‑based restricted stock units (RSUs) on January 22, 2026. The RSUs were reported as acquired at $0.00 per share on the Form 4 (transaction code A), meaning this was a grant/award rather than a cash purchase. Each RSU will be settled in one share of common stock upon vesting.
Key Details
- Transaction date: 2026-01-22 (reported on Form 4 filed 2026-02-19).
- Transaction type/code: Award of RSUs (A).
- Amount: 3,650 RSUs; reported acquisition price $0.00.
- Vesting: The award vests in three equal annual installments, subject to continued employment; each RSU will convert to one share upon vesting. (Footnote: settlement in common stock.)
- Shares owned after transaction: Not reported in this filing.
- Timeliness: Form 4 was filed ~28 days after the grant (later than the usual two-business-day SEC reporting window).
Context
- RSU grants are a common form of executive compensation to align long‑term interests; they are not an open‑market purchase or sale and do not by themselves indicate immediate buying or selling of shares. Because vesting is tied to continued employment, the economic benefit to the insider depends on future service and stock performance.
- The late filing is a disclosure issue (Form 4s are generally due within two business days); it does not alter the economic nature of the award but may warrant attention from investors tracking insider reporting timeliness.