Form 4: Burke & Herbert Financial Services Corp. Executive Shannon B. Rowan Reports Stock Disposal

Shannon B. Rowan, EVP of Wealth Services at Burke & Herbert Financial Services Corp., reported disposing of 126 shares of common stock on May 3, 2025, to cover tax obligations.

Summary

• On May 3, 2025, Shannon B. Rowan, an Executive Vice President at Burke & Herbert Financial Services Corp., disposed of 126 shares of common stock.
• The transaction was executed at a price of $57.39 per share.
• Following the transaction, Rowan directly owns 2,973 shares of Burke & Herbert Financial Services Corp.
• The transaction was reported on a Form 4 filing with the SEC on May 6, 2025.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard disposal of shares, possibly to cover tax obligations related to equity compensation.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it involves a small number of shares and appears to be a routine transaction.

Key Dates

Keywords

Form 4, SEC, BHRB, Burke & Herbert Financial Services Corp., Shannon B. Rowan, Stock Disposal, Executive Compensation, Wealth Services