Form 4: Berkshire Hills Bancorp Director Maxfield Reports Changes in Beneficial Ownership

Director Sylvia Maxfield reports changes in beneficial ownership of Berkshire Hills Bancorp stock due to vesting of stock awards.

Summary

• Sylvia Maxfield, a director of Berkshire Hills Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On January 30, 2025, 2,595 shares previously held through a Stock Award vested, resulting in a direct ownership increase.
• Maxfield now directly owns 11,484 shares of Berkshire Hills Bancorp common stock.
• She also indirectly owns 0 shares through a Stock Award.
• The stock awards were granted under the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan and vested 100% on January 30, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Positives

• The vesting of stock awards aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The change in ownership has a minimal impact on stakeholders.

Key Dates