Form 4: Director William H. Hughes III Reports Changes in Beneficial Ownership of Berkshire Hills Bancorp Inc. Stock
SEC Form 4 Filing
Director William H. Hughes III reports the vesting of stock awards and a change in beneficial ownership of Berkshire Hills Bancorp Inc. shares.
Summary
- On January 30, 2025, Director William H. Hughes III reported changes in his beneficial ownership of Berkshire Hills Bancorp Inc. (BHLB) stock.
- 2,595 shares previously held through Stock Award VI vested and are now directly owned.
- Hughes directly owns 12,905 shares of common stock.
- Hughes indirectly owns 0 shares of common stock through a stock award.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard stock award vesting, with no indication of unusual activity or sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The vesting of stock awards aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Date of earliest transaction: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 100%. |
| 01/31/2025 | Date of report filing. |
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