8-K: Burke & Herbert Financial Services Corp. Announces Director Departure and 2025 Annual Meeting Details

Jason A. Kitzmiller will not stand for re-election to the Board of Directors, and the company has set the date and location for its 2025 Annual Shareholders Meeting.

Summary

• Jason A. Kitzmiller, a member of the Board of Directors of Burke & Herbert Financial Services Corp., has decided not to seek re-election at the 2025 Annual Shareholders Meeting.
• Mr. Kitzmiller will remain on the board and its committees until his term expires at the 2025 Annual Meeting.
• The company has scheduled the 2025 Annual Meeting for May 22, 2025, at 8:00 a.m. eastern time at the Burke & Herbert Corporate Center in Alexandria, Virginia.
• March 14, 2025, has been set as the record date for determining shareholders eligible to receive notice of and vote at the meeting.
• Shareholder proposals for inclusion in the proxy materials must be received by February 21, 2025.
• The company has provided notice of the revised deadlines for shareholder proposals due to the meeting date being more than 30 days prior to the anniversary of the 2024 meeting.

Sentiment

Score: 6

Explanation: The document is a neutral announcement regarding director departure and annual meeting details. There is no indication of positive or negative sentiment.

Positives

• The company is providing shareholders with ample notice regarding the upcoming annual meeting and deadlines for submitting proposals.

Future Outlook

All other relevant information concerning the 2025 Annual Meeting will be included in the Company's proxy materials to be distributed in connection with the 2025 Annual Meeting.

Management Comments

• The Company thanks Mr. Kitzmiller for his service as a member of the board of directors of the Company and his prior service as a member of the board of directors of Summit Financial Group, Inc.

Industry Context

This announcement is a routine disclosure related to corporate governance and shareholder meetings, common among publicly traded companies.

Management Changes

Stakeholder Impact

• Shareholders need to be aware of the director departure and the deadlines for submitting proposals for the annual meeting.

Next Steps

• The Company will file proxy materials with the SEC and make them available to shareholders.
• Shareholders will submit proposals by the February 21, 2025 deadline.
• The Company will hold the 2025 Annual Meeting on May 22, 2025.

Key Dates