[Form 3] Berkshire Hills Bancorp, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Joanne B. Chang filed an Initial Statement of Beneficial Ownership (Form 3) reporting ownership of 10,443 shares of Common Stock of Beacon Financial Corp (symbol shown as BBT). The filing lists Chang's address in Boston, MA, and indicates her relationship to the issuer as a Director. The event date requiring the statement is 09/01/2025, and the form is signed on behalf of Joanne B. Chang by Marissa S. Martin as power of attorney on 09/05/2025. The report is filed by one reporting person and discloses the shares as directly beneficially owned.

Insights

Corporate Governance Expert

TL;DR: Routine initial Section 16 filing reporting direct ownership of 10,443 shares by a company director.

This Form 3 is a standard, required disclosure under Section 16 for an officer/director reporting initial beneficial ownership. It records the director relationship, a single class of securities (Common Stock), and a direct ownership amount of 10,443 shares. There are no derivatives, amendments, or additional explanatory remarks in the filing. From a governance perspective, the filing satisfies the technical obligation to inform the market of insider holdings but does not, by itself, indicate any change in control, material transaction, or remuneration arrangement.

Securities Compliance Analyst

TL;DR: Compliance filing appears complete for an initial statement with direct ownership disclosed and a dated signature by a POA.

The document includes required items: reporting person identity and address, issuer name and trading symbol as presented, relationship to issuer (Director), event date (09/01/2025), and beneficial ownership details showing 10,443 shares held directly. The signature block indicates the filing was signed by a power of attorney on 09/05/2025. No derivative securities or indirect ownership are reported. There are no indications of missing mandatory fields within the provided content.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Chang Joanne B.

(Last) (First) (Middle)

131 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2025

3. Issuer Name and Ticker or Trading Symbol
Beacon Financial Corp [ BBT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,443	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Joanne B. Chang by Marissa S. Martin, P.O.A.	09/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Joanne B. Chang disclose on her Form 3?

The Form 3 discloses that Joanne B. Chang directly beneficially owns 10,443 shares of Common Stock of Beacon Financial Corp (symbol shown as BBT).

What is the reporting relationship of Joanne B. Chang to the issuer?

The filing indicates Chang's relationship to the issuer as a Director.

What are the relevant dates on the Form 3?

The event requiring the statement is dated 09/01/2025, and the form is signed by a power of attorney, Marissa S. Martin, on 09/05/2025.

Did the Form 3 report any derivative securities or indirect ownership?

No. The filing shows only direct ownership of common stock and reports no derivative securities or indirect ownership.

Was the Form 3 filed by more than one reporting person?

No. The form indicates it was filed by one reporting person.