August 31, 2025 · Form 4 insider transaction
Schmidt Jennifer Palmer bought 160 shares of BHRB at $53.01 per share, a transaction worth $8.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 11 days after the transaction.
Shares purchased pursuant to the Burke & Herbert Financial Services Corp. 2023 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of March 1, 2025, through August 31, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on February 28, 2025, which was the lower end of day closing price of either the start date or end date of the applicable purchase period in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).