Burke & Herbert Financial Services EVP Bradford Ritchie Stock Transactions

2026-07-20SEC Filing 4 (0001538429-26-000008)

This Form 4 filing reports transactions by Bradford E. Ritchie, EVP and Chief Lending Officer of Burke & Herbert Financial Services Corp. (BHRB), on July 16, 2026. Ritchie exercised 2,749 stock-settled appreciation rights (SSARs) at an exercise price of $51.58 per share, receiving 2,749 shares of common stock. Simultaneously, he sold 2,222 shares of common stock at $70.76 per share. Following these transactions, Ritchie's direct holdings decreased from 25,827 shares to 23,605 shares. The SSARs, originally granted on February 9, 2017 with an expiration date of February 9, 2027, were fully exercised and disposed of in this transaction. The net effect was a reduction in Ritchie's overall common stock position by 2,222 shares, with the SSAR exercise providing shares that were partially sold.