---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-25-000256"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:48:25.054234+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001964333-25-000256
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433325000256/0001964333-25-000256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433325000256/bhrb-20251218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-25-000256
- JSON: https://secwatch.observer/filing/0001964333-25-000256.json
- Plain text: https://secwatch.observer/filing/0001964333-25-000256.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433325000256/0001964333-25-000256-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964333/000196433325000256/0001964333-25-000256-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.