Mhatre Nitin J. 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Mhatre Nitin J.
DirectorPresident and CEO
Transactions
- Award
Common Stock
2025-03-03+9,505→ 106,822 total - Tax Payment
Common Stock
2025-03-03$28.11/sh−4,596$129,194→ 102,226 total
Holdings
- 9,334(indirect: By Stock Award IV)
Common Stock
- 3,851(indirect: By Stock Award III)
Common Stock
Footnotes (3)
- [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.