Burke & Herbert Financial Services Corp. Announces Board and Executive Changes
Ticker: BHRB · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1964333
| Field | Detail |
|---|---|
| Company | Burke & Herbert Financial Services Corp. (BHRB) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.50 B |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-changes
Related Tickers: BHB
TL;DR
BHB just shuffled its board and exec pay. Keep an eye on strategy shifts.
AI Summary
Burke & Herbert Financial Services Corp. announced on January 23, 2025, changes in its board of directors and executive compensation. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine corporate governance changes and does not indicate any significant financial distress or operational disruption.
Key Players & Entities
- Burke & Herbert Financial Services Corp. (company) — Registrant
- Virginia (location) — State of incorporation
- Alexandria, VA (location) — Principal executive offices
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of new directors, but does not name them or detail the specific changes in this section of the 8-K.
Were there any changes to the executive officers?
Yes, the filing states there was an appointment of certain officers.
What is the exact date of the earliest event reported?
The date of the earliest event reported is January 23, 2025.
What is Burke & Herbert Financial Services Corp.'s IRS Employer Identification Number?
The IRS Employer Identification Number for Burke & Herbert Financial Services Corp. is 92-0289417.
What is the company's principal executive office address?
The principal executive offices are located at 100 S. Fairfax Street, Alexandria, VA 22314.
Filing Stats: 841 words · 3 min read · ~3 pages · Grade level 12.6 · Accepted 2025-01-29 16:01:39
Key Financial Figures
- $0.50 B — ch registered Common stock, par value $0.50 BHRB The Nasdaq Stock Market LLC Indica
Filing Documents
- bhrb-20250123.htm (8-K) — 28KB
- 0001964333-25-000043.txt ( ) — 153KB
- bhrb-20250123.xsd (EX-101.SCH) — 2KB
- bhrb-20250123_lab.xml (EX-101.LAB) — 22KB
- bhrb-20250123_pre.xml (EX-101.PRE) — 13KB
- bhrb-20250123_htm.xml (XML) — 3KB
01 - Other Events
Item 8.01 - Other Events On January 23, 2025, the Board determined that the 2025 Annual Meeting will be held at the Burke & Herbert Corporate Center at 5680 King Centre Drive, Alexandria, Virginia 22315 on Tuesday, May 22, 2025 at 8:00 a.m. eastern time. The Board also set March 14, 2025 as the record date for determining the shareholders entitled to receive notice of, and vote at, the 2025 Annual Meeting. All other relevant information concerning the 2025 Annual Meeting will be included in the Company's proxy materials to be distributed in connection with the 2025 Annual Meeting, which will be filed with the Securities and Exchange Commission ("SEC") and made available to the Company's shareholders at a later date. Because the date of the 2025 Annual Meeting is more than 30 days prior to the anniversary date of the Company's 2024 Annual Meeting of Shareholders, the Company is hereby providing notice of the revised deadlines for shareholder proposals via this Form 8-K. To be eligible for inclusion in the proxy materials for the 2025 Annual Meeting pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), shareholder proposals (including any additional information specified in the Company's Bylaws) must be received by our Secretary at the Company's principal executive offices no later than February 21, 2025. A shareholder proposal or director nomination (including nominations pursuant to Rule 14a-19 under the Exchange Act) outside of Rule 14a-8 under the Exchange Act and pursuant to the Bylaws must be received by our Corporate Secretary at the Company's principal executive offices by February 21, 2025. Shareholder proposals and shareholder director nominations must comply with all applicable requirements set forth in the rules and regulations of the SEC, the Exchange Act, and the Bylaws. Any shareholder proposal for inclusion in the Company's proxy materials, notice of proposed business to be brought before the 2025 Ann
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (d) The following exhibits are being filed herewith: Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 29th day of January, 2025. Burke & Herbert Financial Services Corp. By: /s/ Roy E. Halyama Name: Roy E. Halyama Title: Executive Vice President, CFO