Form 4: Director Charles Piccirillo Increases Stake in Burke & Herbert Financial Services Corp.
SEC Form 4
Charles Piccirillo, a director of Burke & Herbert Financial Services Corp., recently acquired 500 shares of common stock at a price of $54.4512 per share.
Summary
- On April 30, 2025, Charles Piccirillo, a director of Burke & Herbert Financial Services Corp., purchased 500 shares of common stock.
- The purchase price was $54.4512 per share.
- Following the transaction, Piccirillo directly owns 19,320 shares of common stock.
- Piccirillo also indirectly owns 4,848 shares through Anggus Enterprises and 314 shares through his spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. Monitoring these filings can offer insights into management's sentiment and potential future performance.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Charles Piccirillo purchased 500 shares of common stock. |
| 05/01/2025 | Date of signature: Form 4 signed by Matthew Rucker as Attorney-in-Fact for Charles S. Piccirillo. |
Keywords
BHRB, Burke & Herbert Financial Services Corp., Charles Piccirillo, Director, Stock Acquisition, Form 4, Insider Trading
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