Beacon Financial Corp — Director's Dealing 2024

Feb 7, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2024-02-06

Reporting Person: Lindenmuth Gregory D (EVP and Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-06	Common Stock	A	5408	—	Acquired	15760	Direct
2024-02-06	Common Stock	F	1892	$22.32	Disposed	13868	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2554	Indirect
Common Stock	1406	Indirect
Common Stock	764	Indirect
Common Stock	10304	Indirect

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2023.

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, 2024.

F3: 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.

F4: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

F5: On January 30, 2021 the reporting person was granted 4,342 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 124.54% of target, resulting in the vesting of 5,408 shares of restricted stock, and were transferred to the executive on February 6, 2024.