4/A: Burke & Herbert Director Corrects Stock Transaction Reporting
SEC Filing
Jose David Riojas, a director at Burke & Herbert Financial Services Corp., files an amended Form 4 to correct the reporting of a stock acquisition made through the Jose and Susan Riojas Joint Revocable Trust.
Summary
- Jose David Riojas, a director of Burke & Herbert Financial Services Corp., filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from September 13, 2023, regarding a transaction involving the acquisition of 1,000 shares of common stock.
- The initial filing incorrectly reported the acquisition as a direct holding by Riojas.
- The corrected filing clarifies that the 1,000 shares were actually acquired through the Jose and Susan Riojas Joint Revocable Trust.
- Following the corrected transaction reporting, Riojas directly owns 3,000 shares of Burke & Herbert Financial Services Corp. common stock.
- Riojas indirectly owns 12,600 shares through the Jose and Susan Riojas Joint Revocable Trust.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error, suggesting a neutral to slightly positive sentiment due to the transparency and adherence to regulations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, ensuring transparency in stock transactions by company insiders.
Stakeholder Impact
- The correction ensures accurate information for shareholders regarding insider stock ownership.
Key Dates
| Date | Description |
|---|---|
| 09/13/2023 | Date of the original transaction and initial incorrect filing. |
| 09/13/2023 | Date of the amended filing. |
| 01/15/2025 | Date of signature on the report. |
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