Nitin J. Mhatre - 03 Mar 2025 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Role
President and CEO, Director
Signature
/s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol
BHLB
Transactions as of
03 Mar 2025
Net transactions value
-$129,194
Form type
4
Filing time
05 Mar 2025, 15:02:26 UTC
Previous filing
03 Feb 2025
Next filing
03 Sep 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHLB Common Stock Award $0 +9,505 +9.8% $0.000000 106,822 03 Mar 2025 Direct F3
transaction BHLB Common Stock Tax liability $129,194 -4,596 -4.3% $28.11 102,226 03 Mar 2025 Direct
holding BHLB Common Stock 9,334 03 Mar 2025 By Stock Award IV F2
holding BHLB Common Stock 3,851 03 Mar 2025 By Stock Award III F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2024.
F2 Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2025.
F3 On January 30, 2022 the reporting person was granted 16,882 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 56.3% of target, resulting in the vesting of 9,505 shares of restricted stock, and were transferred to the executive on March 3, 2025.