Form 4: Burke & Herbert Financial Services Corp. Officer Hager Reports Stock Disposal
SEC Form 4 Filing
Joseph Hager, Chief Operating Officer of Burke & Herbert Financial Services Corp., reports disposing of 289 shares of common stock to cover tax obligations.
Summary
- On May 3, 2025, Joseph Hager, the Chief Operating Officer of Burke & Herbert Financial Services Corp., disposed of 289 shares of common stock.
- The transaction was executed at a price of $57.39 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Hager directly owns 4,193 shares of common stock and indirectly owns 1,317 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals can be for a variety of reasons, including tax obligations, diversification, or personal financial planning.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal by an officer.
Key Dates
| Date | Description |
|---|---|
| 05/03/2025 | Date of stock disposal transaction |
| 05/06/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, BHRB, Burke & Herbert Financial Services Corp., Joseph Hager, Chief Operating Officer, Stock Disposal, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.