May 18, 2023 · Form 4 insider transaction
Welch Jeffrey A. bought 127 shares of BHRB at $75.01 per share, a transaction worth $9.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 250 days after the transaction.
Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, upon the reporting person's termination of service.