Burke & Herbert director David Wilson buys $2,470 in stock
Burke & Herbert Financial Services Corp. (BHRB) director David Wilson purchased 35 shares of common stock, amounting to $2,470, on August 20, 2026, as reported by a recent SEC filing. The transaction price was $70.5726 per share, bringing Mr. Wilson's indirect beneficial ownership to 435 shares through Leo McCraken, custodian under UGMA.
The stock price at acquisition matched the current rate of $70.96, and InvestingPro analysis points out that the stock is undervalued, with a Fair Value of $77.88, and is considered an attractive opportunity within the financial services sector. The company's current valuation is reflected in a P/E ratio of 12.24 and a dividend yield of 3.1%, with a 20-year streak of dividend payments.
Among Wilson's total holdings in BHRB, he owns 23,348 shares directly and 38,142 shares indirectly through ADBM Landholdings, LLC; A.D.B.M. Properties, LLC; his spouse; her two children; and other associates. The filing was signed by Matthew Rucker, acting as Attorney-in-Fact for David H. Wilson, Sr. The company recently announced the appointment of Roy E. Halyama as president of both BHRB and its subsidiary, Burke & Herbert Bank & Trust Company, effective July 1, following the retirement of H. Charles Maddy, III.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.