Robert S. Tissue's Stock Transactions in Burke & Herbert Financial Services

2026-07-20SEC Filing 4 (0001186836-26-000008)

This Form 4 filing reports significant stock transactions by Robert S. Tissue, EVP of Financial Strategy at Burke & Herbert Financial Services Corp. (BHRB). On July 17, 2026, Tissue exercised stock appreciation rights for 8,599 shares at $47.47 and 4,110 shares at $51.58, acquiring a total of 12,709 common shares. Simultaneously, he disposed of 9,777 shares at $72.85 per share, resulting in a net increase of 2,932 shares in his direct holdings. Following these transactions, Tissue directly owns 53,858 shares and indirectly holds 373 shares through his spouse. The filing also shows the complete exercise of two stock appreciation rights grants, with one expiring in 2027 and another in 2029. These transactions represent substantial executive trading activity involving both acquisition through option exercises and disposition of shares at higher market prices.