secwatch.observer — SEC 8-K summary
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Issuer:     Burke & Herbert Financial Services Corp. (BHRB)
CIK:        0001964333
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001964333-26-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964333/000196433326000008/0001964333-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964333/000196433326000008/bhrb-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001964333-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer