Short answer
Burke & Herbert Financial Services Corp. (BHRB) filed an 8-K current report with the SEC on July 7, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). President H. Charles Maddy retired June 30, 2026, creating a leadership transition at Burke & Herbert Bank.
Burke & Herbert Financial Services Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- President H. Charles Maddy retired June 30, 2026, creating a leadership transition at Burke & Herbert Bank
- $558,334.40 lump-sum severance covering the remaining 10-month employment term
- Company vehicle transferred at $58,400 fair value, plus approximately $35,375 retirement gift
- Ten months of COBRA medical, dental and vision coverage for Maddy and eligible dependent
- Accelerated vesting of 6,673.32 PRSUs, with shares deliverable by March 15, 2027
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Burke & Herbert Financial Services Corp. 8-K filings
Get the next BHRB 8-K as it lands
Follow BHRB for push alerts, or ask the research agent what this filing means.