Burke & Herbert enters change-in-control agreement with CFO Kirtan Parikh

Burke & Herbert Financial Services Corp.

CFO Kirtan Parikh gets severance: 24 months base salary plus 2x target bonus.
Healthcare premium coverage for up to 18 months included in package.
Trigger: change in control and termination without cause or for good reason within 3 months before to 12 months after.
Severance conditioned on signing separation/release with non-disparagement and non-solicitation clauses.
Agreement dated July 6, 2026; Parikh remains EVP and CFO.

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