Form 4: Burke & Herbert Financial Services Corp. Director Gary L. Hinkle Reports Beneficial Ownership Changes

Director Gary L. Hinkle reports changes in beneficial ownership of Burke & Herbert Financial Services Corp. common stock following recent transactions.

Summary

• Gary L. Hinkle, a director of Burke & Herbert Financial Services Corp., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• On May 15, 2024, Hinkle acquired 500 shares at $50.2 and 100 shares at $50.35.
• Following these transactions, Hinkle's total indirect holdings through a Joint Revocable Trust amount to 219,450 shares.
• Hinkle also holds shares indirectly as custodian for a grandchild (266 shares), through HT Services (6,666 shares), through his spouse (2,420 shares), and through Hinkle Trucking (32,201 shares).
• He directly owns 9,288 shares.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings are monitored by investors for insights into management's confidence in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It can influence investor perception of management's confidence in the company.

Key Dates