Rowan Shannon Barrow 4

What Happened

• Rowan Shannon Barrow, Executive Vice President, Wealth Services at Burke & Herbert Financial Services Corp. (BHRB), had 295 restricted stock units (RSUs) vest and convert to common stock on January 19, 2026. Of those 295 shares, 105 were withheld to satisfy tax withholding obligations, valued at $64.67 per share for a total tax withholding of $6,790. The net result was 190 shares retained by the reporting person.

Key Details

• Transaction date: January 19, 2026.
• Actions reported: Exercise/conversion of 295 RSUs (code M) and tax withholding of 105 shares (code F) at $64.67 per share = $6,790.
• Net shares retained after the transaction: 190 shares (295 acquired − 105 withheld).
• Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — these 295 RSUs were granted on January 19, 2023 and vested on January 19, 2026 subject to continued service.
• Filing: Form filed 2026-01-22 covering transactions on 2026-01-19 (no late-filing flag noted in this summary).
• Codes explained: M = exercise/conversion of a derivative security (here, RSU vesting/conversion); F = shares withheld to cover tax liability.

Context

• This was an RSU vesting and tax-withholding event, not an open-market sale. Withholding shares to cover taxes is a routine administrative step and does not necessarily signal a buy or sell decision about the company’s stock.