Mhatre Nitin J. 4
4 · Beacon Financial Corp · Filed Sep 3, 2025
Insider Transaction Report
Form 4
Mhatre Nitin J.
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2025-08-29$26.13/sh−24,907$650,820→ 128,831 total - Award
Common Stock
2025-08-29+38,327→ 153,738 total
Holdings
- 0(indirect: By Stock Award III)
Common Stock
- 0(indirect: By Stock Award IV)
Common Stock
Footnotes (5)
- [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]Since the reporting person's last report, 3,851 shares previously held through Stock Award III and 9,334 shares previously held through Stock Award IV have vested and are now owned directly.
- [F4]On January 30, 2023 the reporting person was granted 17,327 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 100% of target, resulting in the vesting of 17,327 shares of restricted stock, and were transferred to the executive on August 29, 2025.
- [F5]On January 30, 2024 the reporting person was granted 21,000 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 100% of target, resulting in the vesting of 21,000 shares of restricted stock, and were transferred to the executive on August 29, 2025.