Zirk Angela R 4
Research Summary
AI-generated summary
Burke & Herbert (BHRB) EVP Angela Zirk Receives Award of 488 PRSUs
What Happened
- Angela R. Zirk, EVP and Chief Experience Officer of Burke & Herbert Financial Services Corp. (BHRB), received a grant of 488 performance-based restricted stock units (PRSUs) on 2026-01-22. The award was reported as an acquisition at $0.00 (total reported value $0) because it is an equity award, not an open-market purchase.
Key Details
- Transaction date: 2026-01-22; Grant type: Award/Grant (code A); Shares/units: 488; Reported price: $0.00; Reported value: $0.
- Vesting: The PRSUs vest in three annual installments beginning May 3, 2026, subject to continued employment through each vesting date (per filing footnote).
- Settlement: Each vested PRSU will be settled in one share of Burke & Herbert common stock within 60 days after vesting.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing: Reported on 2026-01-23 for the 2026-01-22 grant — appears timely. No 10b5-1 plan, tax withholding, or sale-related details were disclosed in this filing.
Context
- This is a standard equity compensation grant tied to performance and continued employment. Such awards are common for executive retention and incentives; they do not represent an immediate purchase or sale of shares and will only convert to stock if and when the PRSUs vest.