Form 4: Burke & Herbert Financial Services Corp. Director Charles Maddy III Reports Stock Disposal

Director Charles Maddy III reports disposing of 835 shares of Burke & Herbert Financial Services Corp. to cover tax obligations.

Summary

• On May 3, 2025, Charles Maddy III, a Director and President of Burke & Herbert Financial Services Corp., disposed of 835 shares of common stock.
• The transaction was executed at a price of $57.39 per share.
• The disposal was due to tax obligations.
• Following the transaction, Maddy directly owns 34,830 shares of common stock.
• Maddy also indirectly owns 19,592 shares through a spouse and 16,885 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by a director, which is normal activity.

Stakeholder Impact

• The disposal of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, BHRB, Burke & Herbert Financial Services Corp., Charles Maddy III, Director, Stock Disposal, Beneficial Ownership