4/A: Burke & Herbert Financial Services Corp. Executive Updates Beneficial Ownership

Angela R. Zirk, EVP and Chief Experience Officer of Burke & Herbert Financial Services Corp., reports changes in beneficial ownership due to a rollover of shares from a 401(k) plan to an IRA.

Summary

• Angela R. Zirk, an executive at Burke & Herbert Financial Services Corp., filed an amendment to a Form 4 regarding changes in beneficial ownership.
• The amendment clarifies that 1,928 shares previously held in the Burke & Herbert 401(k) Plan were rolled over into an IRA.
• This change occurred following the distribution of shares from the Summit Financial Group, Inc. ESOP.
• The transaction date was initially reported as January 23, 2025, and the original filing date was January 27, 2025.
• The amended filing was signed on March 11, 2025, by Matthew Rucker as Attorney-in-Fact for Angela R. Zirk.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating a standard transaction (rollover to IRA). It doesn't suggest any significant positive or negative implications for the company's financial health or future prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The change in beneficial ownership has minimal direct impact on stakeholders as it is a personal financial decision by an executive.

Key Dates