Burke & Herbert (BHRB) CFO Kirtan Parikh Receives 126 Shares

What Happened
Kirtan Parikh, Chief Financial Officer of Burke & Herbert Financial Services Corp. (BHRB), acquired 126 shares on August 31, 2026. The shares were purchased at $54.77 per share for a total cost of $6,901. This was an ESPP acquisition (internal purchase), which is a buy rather than a sale.

Key Details

• Transaction date and price: 2026-08-31, 126 shares at $54.77 each (total $6,901).
• Acquisition type: ESPP purchase (reported as an award/grant/acquisition, code A).
• Shares owned after transaction: Not reported on this Form 4.
• Footnote: Shares were bought under the Burke & Herbert 2023 Employee Stock Purchase Plan for the March 1–Aug 31, 2026 purchase period; purchase price was 85% of the closing price on Feb 27, 2026 (the lower of period start/end); because the start date fell on a non-trading day, the prior trading day's close was used. Transactions were reported as exempt under Rule 16b-3(c) and 16b-3(d).
• Filing timeliness: Form 4 was filed on 2026-09-29, about four weeks after the Aug 31 transaction (insider Form 4s are typically due within 2 business days), so this filing appears late.

Context
This was a standard ESPP purchase at a 15% discount to the reference price — common employee buying activity and generally viewed as routine rather than a directional signal. ESPP purchases are typically exempt from short-swing profit rules under Rule 16b-3 when they meet plan requirements; no exercise or immediate sale was reported.