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The award will vest in three annual installments beginning on May 3, 2025, subject to the reporting person's continued employment through each applicable vesting date. 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(\"Burke & Herbert\") and Summit Financial Group, Inc. (\"Summit\"), on May 3, 2024 (the \"Closing Date\") Summit merged with and into Burke & Herbert (the \"Merger\"), with Burke & Herbert continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of Summit common stock held by the reporting person was converted into the right to receive 0.5043 of a share of common stock of Burke & Herbert rounded down to the nearest whole number of shares. 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(\"Burke & Herbert\") and Summit Financial Group, Inc. (\"Summit\"), on May 3, 2024 (the \"Closing Date\") Summit merged with and into Burke & Herbert (the \"Merger\"), with Burke & Herbert continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of Summit common stock held by the reporting person was converted into the right to receive 0.5043 of a share of common stock of Burke & Herbert rounded down to the nearest whole number of shares. The closing price of Burke & Herbert's common stock on May 2, 2024, was $51.67 per share."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"The Summit ESOP was terminated pursuant to the Merger Agreement."}],"balance_after":6854,"source":{"system":"sec-edgar","filing":"0001964333-24-000205","document":"wk-form4_1715028112.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1339953/000196433324000205/wk-form4_1715028112.xml","form_type":"4"}},{"id":1526070,"issuer":{"id":4722,"kind":"organization","name":"Burke & Herbert Financial Services Corp.","symbol":"BHRB"},"owners":[{"id":82115,"kind":"person","name":"Markwood Julie R","position":1,"cik":"0001339953","reported_name":"Markwood Julie R","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Accounting Officer"}}],"security":"Common Stock","published_at":"2024-05-06T16:42:17.000Z","date":"2024-05-03","kind":"grant","planned":false,"acquired":true,"shares":2046,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Pursuant to the terms of the Agreement and Plan of Reorganization (the \"Merger Agreement\"), dated as of August 24, 2023, by and between Burke & Herbert Financial Services Corp. 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(\"Summit\") and Burke &amp; Herbert Financial Services Corp. (\"Burke &amp; Herbert\") pursuant to which Summit was merged with and into Burke &amp; Herbert effective May 3, 2024 (\"the Merger\"). At the effective time of the Merger, each issued and outstanding share of Summit common stock was converted into the right to receive 0.5043 shares of Burke &amp;Herbert common stock (subject to the payment of cash in lieu of fractional shares) (the \"Merger Consideration\"). 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