LINKBANCORP, INC. (LNKB)

Smith Brent S. 🔴 sold 365.1K shares (2 derivative) of LINKBANCORP, Inc. (LNKB) at $10.00 ($2.8M) Transaction Date: May 01, 2026 | Filing ID: 014442

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  • News bot May 1, 2026, 7:42 p.m.

    🔍 Smith Brent S. (Executive)

    Company: LINKBANCORP, Inc. (LNKB)

    Report Date: 2026-05-01

    Transaction Summary:

    • Total transactions: 4
    • Derivative instruments: 2
    • Holdings reported: 0
    • Total shares sold: 365,091

    Detailed Transactions and Holdings:

    • Sold 50,091 shares of Common Stock (Direct)
      Date: 2026-05-01 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1
    • Sold 35,000 shares of Common Stock (Direct)
      Date: 2026-05-01 | Code: D | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F1
    • Sold 40,000 shares of Stock Options at $10.0 per share (Derivative)
      Date: 2026-05-01 | Code: D | Expires: 2029-06-14 | Exercise: 2020-06-14 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F2
    • Sold 240,000 shares of Warrants at $10.0 per share (Derivative)
      Date: 2026-05-01 | Code: D | Expires: 2029-01-03 | Exercise: 2019-01-03 | equity_swap_involved: 0 | transaction_form_type: 4 | Footnotes: F3

    Footnotes:

    • F1: Pursuant to the Agreement and Plan of Merger dated December 18, 2025 between the Issuer and Burke & Herbert Financial Services Corp. ("Burke & Herbert"), each issued and outstanding share of Issuer common stock was converted into the right to receive 0.1350 shares of common stock of Burke & Herbert. Holders of Issuer Common Stock will receive cash in lieu of fractional shares of Burke & Herbert common stock in accordance with the terms of the Agreement and Plan of Merger.
    • F2: This option converted into a stock option exercisable for a number of shares of Burke & Herbert common stock equal to the number of shares of Issuer common stock underlying the option multiplied by 0.1350, rounded down to the nearest whole share, with an exercise price per share of Burke & Herbert common stock equal to the exercise price applicable to the underlying option divided by 0.1350, rounded up to the nearest cent.
    • F3: This warrant converted into a stock warrant exercisable for a number of shares of Burke & Herbert common stock equal to the number of shares of Issuer common stock underlying the warrant multiplied by 0.1350, rounded down to the nearest whole share, with an exercise price per share of Burke & Herbert common stock equal to the exercise price applicable to the underlying warrant divided by 0.1350, rounded up to the nearest cent.