Burke & Herbert (BHRB) to acquire LINKBANCORP (LNKB) in all-stock merger; 0.1350 exchange ratio

Burke & Herbert Financial Services Corp.

Each LNKB share converts into 0.1350 BHRB shares; cash for fractional shares; tax-free reorganization intended.
Termination fee of $14.2 million payable by either party under certain circumstances.
Two LNKB directors to join BHRB board; LNKB CEO Andrew Samuel becomes Senior Advisor at surviving bank.
Support agreements with directors of both companies to vote in favor of the merger.
BHRB amended bylaws to fix board size at 5-15 directors and removed Summit merger provisions.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Burke & Herbert Financial Services Corp.: Amended and restated Bylaws to fix director range and remove prior merger arrangements (effective 2025-12-18).

Change: bylaw amendment
Effective: 2025-12-18

Exact text from the filing

On December 18, 2025, BHRB amended and restated its Bylaws (as so amended and restated, the “Bylaws”), effective immediately. The amendments fix the number of directors on the board of directors of BHRB at no more than fifteen and no fewer than five directors, the exact number of which are to be fixed by the board of directors of BHRB from time to time, and remove certain arrangements related to BHRB’s prior merger with Summit Financial Group, Inc.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Burke & Herbert Financial Services Corp. entered into Agreement and Plan of Merger with LINKBANCORP, Inc. (effective 2025-12-18).

Action: entry
Agreement: merger
Counterparty: LINKBANCORP, Inc.
Effective: 2025-12-18

Exact text from the filing

On December 18, 2025, Burke & Herbert Financial Services Corp., a Virginia corporation (“BHRB”), and LINKBANCORP, Inc., a Pennsylvania corporation (“LNKB”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).

View on SEC.gov

268 governance changes filed in the last 30 days. Browse all governance changes →

Burke & Herbert Financial Services Corp. filing history →

Source: SEC EDGAR

accession 0001964333-25-000256

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.