Barnwell Julian Forrest Jr. 4
Research Summary
AI-generated summary
Burke & Herbert (BHRB) Director Barnwell Jr. Buys 5,000 Shares
What Happened
Barnwell Julian Forrest Jr., a director of Burke & Herbert Financial Services Corp. (BHRB), reported an open-market/private purchase of 5,000 common shares on May 11, 2026. The shares were acquired at $63.05 per share for a total transaction value of approximately $315,232. This filing is a purchase (Form 4 code P), which is a direct insider buy rather than a sale.
Key Details
- Transaction date and price: May 11, 2026 — 5,000 shares @ $63.05 each.
- Total value: ~ $315,232.
- Transaction type/code: Purchase (P) — open market or private purchase per the Form 4.
- Shares owned after transaction: Not specified in the filing.
- Filing date: May 12, 2026 (filed one day after the transaction) — appears timely, not marked late.
- No footnotes, 10b5-1 plan, tax-withholding, or cashless-exercise details noted in the filing.
Context
Insider purchases can be read as a positive sign that the insider is willing to commit personal capital, but they are not proof of future stock performance. This report documents a straight purchase of shares by a director; there were no option exercises, awards, gifts, or immediate sales reported in this filing.