Zirk Angela R 4
Research Summary
AI-generated summary
Burke & Herbert (BHRB) EVP Angela Zirk Receives RSU Award
What Happened
- Angela R. Zirk, Executive Vice President & Chief Experience Officer of Burke & Herbert Financial Services Corp. (BHRB), received an award of 600 time‑based restricted stock units (RSUs) on 2026-01-22. The Form 4 shows the grant as 600 shares at $0.00 (grant/award), i.e., no cash purchase was made.
- This was a compensation award (not a market purchase or sale); the RSUs will be settled in common stock if they vest per the terms below.
Key Details
- Transaction date and type: 2026-01-22 — Award/Grant (code A) of 600 RSUs at $0.00.
- Vesting: Award vests in three equal annual installments, contingent on continued employment (footnote F1). Each vested RSU will be settled in one share of common stock.
- Shares owned after transaction: Not disclosed in this filing.
- Filing timeliness: Report filed 2026-02-19, 28 days after the grant date. Form 4s are generally due within 2 business days, so this filing appears late.
Context
- RSU awards are a common form of executive compensation and retention; they do not involve an immediate market purchase or sale and typically indicate future issuance of shares if vesting conditions are met.
- Because this is a grant rather than a buy/sell, it should be viewed as compensation-related disclosure rather than a direct insider market view.