• Burke & Herbert Financial Services meneken perjanjian change in control dengan EVP dan CFO Kirtan Parikh pada 6 Juli 2026.
• Manfaat severance berlaku bila terjadi change in control dan Parikh diberhentikan tanpa cause atau mundur karena good reason.
• Cakupan periode pemutusan kerja: mulai tiga bulan sebelum change in control hingga 12 bulan sesudah penutupan transaksi.
• Paket mencakup 24 bulan gaji pokok, pembayaran sekaligus 2x target bonus insentif tahunan, serta premi kesehatan hingga 18 bulan.
• Pembayaran bergantung pada penandatanganan pelepasan klaim, termasuk non-disparagement serta penegasan pembatasan non-solicitation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Burke & Herbert Financial Services Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001964333-26-000097), on August 11, 2026, and is solely responsible for the information contained therein.