Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
On April 25, 2025, Burke & Herbert announced that its Board authorized a share repurchase program pursuant to which Burke & Herbert may purchase up to $50.0 million of Burke & Herbert’s common stock in the open market or in privately negotiated transactions. Burke & Herbert made no open market or private purchases for the six months ended June 30, 2026.
The following table provides information about Burke & Herbert’s purchases of equity securities that are registered by Burke & Herbert pursuant to Section 12 of the Exchange Act for the periods indicated:
Period Total number of shares purchased (1) (2)
Average price paid per share
Total number of shares purchased as part of publicly announced plans or programs (2) Approximate dollar value of shares that may yet be purchased under the plans or programs (3)
April 1 - 30, 2026 107 $ 65.78 — $ 50,000,000
May 1 - 31, 2026 16,343 64.64 — 50,000,000
June 1 - 30, 2026 — — — 50,000,000
(1) Shares purchased during the period were transferred to Burke & Herbert from employees in satisfaction of minimum tax withholding obligations associated with the vesting of restricted stock units during the period.
(2) No shares were purchased by Burke & Herbert under any share repurchase program during the quarter ended June 30, 2026.
(3) Burke & Herbert’s share repurchase program was authorized on April 25, 2025.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not Applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.