Form 4: Berkshire Hills Bancorp Director Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David Brunelle reports changes in beneficial ownership of Berkshire Hills Bancorp stock, including vesting of stock awards and shares held through an IRA.
Summary
- David Brunelle, a director of Berkshire Hills Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates that 2,595 shares previously held through a stock award vested and are now directly owned.
- Brunelle directly owns 19,390 shares of common stock.
- He also indirectly owns 4,000 shares through an IRA.
- Additionally, he indirectly owns 0 shares through a stock award.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The vesting of stock awards suggests continued alignment of 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 trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a key company director.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Date of earliest transaction reported. |
| 01/30/2025 | Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 100%. |
| 01/31/2025 | Date of signature on the Form 4 filing. |
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