Form 4: Gary L. Hinkle, Director at Burke & Herbert Financial Services Corp., Increases Stake with $194,916 Purchase

Director Gary L. Hinkle increases his stake in Burke & Herbert Financial Services Corp. with a purchase of 3,000 shares at an average price of $64.972.

Summary

• On February 10, 2025, Gary L. Hinkle, a director of Burke & Herbert Financial Services Corp., purchased 3,000 shares of common stock.
• The shares were bought at a weighted average price of $64.972 per share, with individual prices ranging from $64.79 to $65.00.
• Following the transaction, Hinkle directly owns 10,288 shares and indirectly owns 248,459 shares through various entities, including a joint revocable trust, as custodian for a grandchild, HT Services, his spouse, and Hinkle Trucking.
• The total direct and indirect ownership after the transaction is 258,747 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a director suggests confidence, but it's a routine filing.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

There are no forward-looking statements in this document.

Industry Context

This filing reflects insider trading activity, which is closely monitored by regulators and investors for insights into a company's performance and management's confidence.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The level of detail provided in this filing is consistent with SEC requirements.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates