Rowan Shannon Barrow 4

What Happened
Rowan Shannon Barrow, Executive Vice President, Wealth Services at Burke & Herbert Financial Services Corp. (BHRB), received an award of 1,000 restricted stock units (RSUs) on January 22, 2026. The award was reported as an acquisition at $0.00 (no cash paid). Each RSU will convert to one share of common stock upon vesting.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-02-19 (filed ~28 days after the grant).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per RSU. Total awarded: 1,000 RSUs.
• Vesting: Footnote indicates vesting in three equal annual installments, subject to continued employment.
• Settlement: Each RSU will be settled in one share of common stock when vested.
• Shares owned after transaction: Not specified in the provided filing data.
• Timeliness: Filing appears late relative to the typical Form 4 two‑business‑day requirement (filed 28 days after the grant).

Context
RSU grants are a form of compensation, not an open‑market purchase or sale. The award does not represent immediate transferable shares until each tranche vests and is settled; it does not require an outlay of cash by the insider. Such grants are common for executive retention and compensation and should be interpreted as compensation activity rather than a direct market sentiment signal.