Barnwell Julian Forrest Jr. 4
Research Summary
AI-generated summary
BHRB Director Barnwell Forrest Receives 1,000 RSUs
What Happened
- Barnwell Julian Forrest Jr., a director of Burke & Herbert Financial Services Corp. (BHRB), was granted 1,000 restricted stock units (RSUs) on June 19, 2026. The reported acquisition price is $0.00 (award), total reported value $0 on the Form 4.
- This is an award (compensation) rather than an open-market purchase or sale, and is typically part of routine director compensation.
Key Details
- Transaction date: 2026-06-19; Form 4 filed: 2026-06-22.
- Shares/units granted: 1,000 RSUs; reported acquisition price: $0.00; reported aggregate value: $0.
- Shares owned after transaction: Not specified in the provided filing (not reported here).
- Footnote: F1 — RSUs awarded for service as a director; units vest on the first anniversary of the grant date, subject to continued service and satisfaction of attendance requirements.
- No indication in this filing of a 10b5-1 plan, tax withholding, or immediate sale.
Context
- RSUs are a deferred compensation award that typically convert to company shares at vesting; because these units vest one year after grant (subject to service/attendance), they are not immediately tradable.
- Awards to directors are common and generally reflect compensation practices rather than a direct buy/sell signal about the insider’s market view.