4/A: Burke & Herbert Financial Services Corp.: Officer Maddy H. Charles III Reports Changes in Beneficial Ownership
SEC Form 4/A
President Maddy H. Charles III reports a change in beneficial ownership of Burke & Herbert Financial Services Corp. shares due to a rollover into an IRA.
Summary
- On March 11, 2025, Maddy H. Charles III, President of Burke & Herbert Financial Services Corp., filed an amendment to a previous Form 4.
- The amendment reports a change in the form of ownership of 16,885 shares of common stock.
- These shares were previously held through the Burke & Herbert 401(k) Plan and have been rolled over into an IRA.
- The rollover occurred upon distribution of the shares from the Summit Financial Group, Inc. ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing indicating a change in the form of ownership, not a reflection of the company's performance or future prospects. Therefore, the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in the financial industry.
Stakeholder Impact
- The change in ownership form does not have a direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of earliest transaction |
| 01/27/2025 | Date of original filing |
| 03/11/2025 | Date of Form 4/A filing |
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