Freeman Danyl R 4
4 · Burke & Herbert Financial Services Corp. · Filed Jan 27, 2025
Insider Transaction Report
Form 4
Freeman Danyl R
Chief Human Resources Officer
Transactions
- Award
Common Stock
2025-01-23+1,056→ 2,571 total
Holdings
- 6,106(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The reporting person received an award of 1,056 performance-based restricted stock units ("PRSUs") under the Burke & Herbert Bank 2024 - 2025 Merger Incentive Plan adopted May 1, 2024. The award will vest in three annual installments beginning on May 3, 2025, subject to the reporting person's continued employment through each applicable vesting date. Each vested PRSU will be settled in a share of Burke & Herbert Financial Services Corp. common stock within 60 days of the vested date.
- [F2]Reflects allocations to the Summit Financial Group, Inc. ("Summit") ESOP prior to the merger of Summit with and into Burke & Herbert Financial Services Corp. ("Burke & Herbert") on May 3, 2024, and the distribution of shares from the Summit ESOP upon termination of the Summit ESOP to the Burke & Herbert 401(k) Plan for the benefit of the reporting person.