0001964333-24-000207.txt : 20240506
0001964333-24-000207.hdr.sgml : 20240506
20240506164253
ACCESSION NUMBER: 0001964333-24-000207
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240503
FILED AS OF DATE: 20240506
DATE AS OF CHANGE: 20240506
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ritchie Bradford E
CENTRAL INDEX KEY: 0001538429
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41633
FILM NUMBER: 24918229
MAIL ADDRESS:
STREET 1: 119 CORNWALL LANE
CITY: CHARLESTON
STATE: WV
ZIP: 25314
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Burke & Herbert Financial Services Corp.
CENTRAL INDEX KEY: 0001964333
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 920289417
STATE OF INCORPORATION: VA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 S. FAIRFAX STREET
CITY: ALEXANDRIA
STATE: VA
ZIP: 22314
BUSINESS PHONE: 703-549-6600
MAIL ADDRESS:
STREET 1: 100 S. FAIRFAX STREET
CITY: ALEXANDRIA
STATE: VA
ZIP: 22314
4
1
wk-form4_1715028162.xml
FORM 4
X0508
4
2024-05-03
0
0001964333
Burke & Herbert Financial Services Corp.
BHRB
0001538429
Ritchie Bradford E
100 SOUTH FAIRFAX STREET
ALEXANDRIA
VA
22313
0
1
0
0
EVP, Chief Lending Officer
0
Common Stock
2024-05-03
4
A
0
10983
A
10983
D
Common Stock
2024-05-03
4
A
0
5195
A
5195
I
By ESOP Trust
Stock Settled Appreciation Rights
23.82
2024-05-03
4
A
0
8629
23.82
A
2015-04-23
2025-04-23
Common Stock
8629
8629
D
Stock Settled Appreciation Rights
51.58
2024-05-03
4
A
0
2749
51.58
A
2017-02-09
2027-02-09
Common Stock
2749
2749
D
Stock Settled Appreciation Rights
47.47
2024-05-03
4
A
0
5689
47.47
A
2019-02-07
2029-02-07
Common Stock
5689
5689
D
Stock Settled Appreciation Rights
43.33
2024-05-03
4
A
0
9598
43.33
A
2021-07-15
2031-07-15
Common Stock
9598
9598
D
Stock Settled Appreciation Rights
52.29
2024-05-03
4
A
0
9336
52.29
A
2023-02-09
2033-02-09
Common Stock
9336
9336
D
Pursuant to the terms of the Agreement and Plan of Reorganization (the "Merger Agreement"), dated as of August 24, 2023, by and between Burke & Herbert Financial Services Corp. ("Burke & Herbert") and Summit Financial Group, Inc. ("Summit"), on May 3, 2024 (the "Closing Date") Summit merged with and into Burke & Herbert (the "Merger"), with Burke & Herbert continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of Summit common stock held by the reporting person was converted into the right to receive 0.5043 of a share of common stock of Burke & Herbert rounded down to the nearest whole number of shares. The closing price of Burke & Herbert's common stock on May 2, 2024, was $51.67 per share.
The Summit ESOP was terminated pursuant to the Merger Agreement.
Represents stock appreciation rights ("SARs") that were converted from Summit SARs into Burke & Herbert SARs pursuant to the Merger Agreement.
/s/ Kirtan Parikh, as Attorney-in-Fact for Bradford E. Ritchie
2024-05-06