secwatch.observer — SEC 8-K summary
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Issuer:     Burke & Herbert Financial Services Corp. (BHRB)
CIK:        0001964333
Form:       8-K
Filed at:   2026-08-11T20:05:47+00:00
Accession:  0001964333-26-000097
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964333/000196433326000097/0001964333-26-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964333/000196433326000097/bhrb-20260706.htm
  HTML page:      https://secwatch.observer/filing/0001964333-26-000097

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