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

Sentiment:

SEC Form 4 Filing


H. Charles Maddy III, a director and President of Burke & Herbert Financial Services Corp., reported the acquisition and disposition of company stock on April 23, 2025.

Summary

  • On April 23, 2025, H. Charles Maddy III, President and a director of Burke & Herbert Financial Services Corp., filed a Form 4.
  • The form details changes in his beneficial ownership of the company's common stock.
  • Maddy acquired 5,544 shares of common stock at $23.82 per share.
  • He also disposed of 2,584 shares at $51.11 per share.
  • Following these transactions, Maddy directly owns 35,665 shares.
  • He also indirectly owns 16,885 shares through an IRA and 19,592 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the buying and selling activities of key personnel.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a key company executive.

Key Dates

DateDescription
04/23/2015Date Exercisable of Stock Settled Appreciation Rights
04/23/2025Date of Earliest Transaction; Acquisition of 5,544 shares at $23.82; Disposition of 2,584 shares at $51.11; Expiration Date of Stock Settled Appreciation Rights
04/24/2025Date of Signature

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Burke & Herbert Financial Services Corp., H. Charles Maddy III, Director, President, BHRB, Common Stock

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