---
schema_version: "secwatch.filing_event.v1"
accession: "0001964333-26-000008"
form_type: "8-K"
ticker: "BHRB"
cik: "0001964333"
company_name: "Burke & Herbert Financial Services Corp."
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:07:51.176864+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# President & director H. Charles Maddy III to retire June 30, 2026; CFO Roy Halyama named successor

## Summary
- Maddy to retire as President and not seek re-election to board effective June 30, 2026; remains bank director and foundation chair.
- Roy E. Halyama, current EVP & CFO, anticipated to become President after 2026 annual meeting.
- 2026 incentive plan: annual targets based on EPS (35%), ROE (30%), NPA (15%), customer service/goals (20%).
- Named executives: Boyle (80%/120% STI/LTI), Halyama (70%/90%), Maddy (100%/0% LTI); RSU/PRSU shares detailed.
- Retirement not due to disagreement; extended notice to assist with LINKBANCORP merger integration.

## SEC filing metadata
- accession: 0001964333-26-000008
- form_type: 8-K
- ticker: BHRB
- cik: 0001964333
- company_name: Burke & Herbert Financial Services Corp.
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964333/000196433326000008/0001964333-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964333/000196433326000008/bhrb-20260122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001964333-26-000008
- JSON: https://secwatch.observer/filing/0001964333-26-000008.json
- Plain text: https://secwatch.observer/filing/0001964333-26-000008.txt

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