Form 4: Burke & Herbert Financial Services Corp. Director Gary L. Hinkle Acquires Shares

Director Gary L. Hinkle of Burke & Herbert Financial Services Corp. purchased 1,000 shares of common stock on January 31, 2025.

Summary

• Gary L. Hinkle, a director at Burke & Herbert Financial Services Corp., acquired 1,000 shares of common stock on January 31, 2025.
• The shares were purchased at a weighted average price of $64.4848, with individual transaction prices ranging from $64.46 to $64.50.
• Following this transaction, Mr. Hinkle's total beneficial ownership includes 244,355 shares held indirectly through a joint revocable trust, 266 shares as custodian for a grandchild, 6,666 shares through HT Services, 2,420 shares through a spouse, 10,288 shares directly, and 32,201 shares through Hinkle Trucking.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a routine disclosure of a stock purchase by a director. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's purchase of shares may indicate confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of a director's stock transaction, which is common in the financial services industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this transaction is consistent with typical reporting requirements.
• Similar filings are made by directors and officers of other publicly traded financial institutions such as Bank of America (BAC) and JPMorgan Chase (JPM) when they engage in stock transactions.

Stakeholder Impact

• The stock purchase may have a minor positive impact on shareholder confidence.

Key Dates

Keywords

Beneficial Ownership, Form 4, Director, Stock Purchase, BHRB, Burke & Herbert Financial Services Corp., Gary L. Hinkle