{"schema_version":"secwatch.filing_event.v1","accession":"0001964333-23-000164","form_type":"8-K","ticker":"BHRB","cik":"0001964333","company_name":"Burke & Herbert Financial Services Corp.","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.134024+00:00","generated_at":"2026-06-11T04:24:08.725977+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Burke & Herbert to merge with Summit Financial in all-stock deal valued at ~$371.5M","bullets":["All-stock merger of equals valued at ~$371.5M; Summit shareholders receive 0.5043 BHRB shares per SMMF share.","Combined company to have >$8B in assets, ~$750M market cap, and >75 branches across five states.","David Boyle (BHRB CEO) to lead combined company; Charlie Maddy (Summit CEO) to serve as President.","Board of 16 directors, split 8 from each company; transaction expected to close in Q1 2024.","Combined EPS projected at ~$7.90 in first full year with fully realized cost savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001964333-23-000164","json":"https://secwatch.observer/filing/0001964333-23-000164.json","markdown":"https://secwatch.observer/filing/0001964333-23-000164.md","text":"https://secwatch.observer/filing/0001964333-23-000164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1964333/000196433323000164/0001964333-23-000164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1964333/000196433323000164/bhrb-20230824.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:24:08.725977+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}