[Form 4] Berkshire Hills Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Reporting person: Brett Brbovic, the EVP and CFO listed on this Form 4.

On 08/29/2025 Mr. Brbovic reported a disposition of 2,376 shares of Common Stock at $26.13 per share, leaving 16,512 shares held directly after the transaction. Several previously held stock awards vested and converted to direct ownership: 1,099, 1,632, 2,435 and 2,926 shares from Stock Award II–V, respectively. Additional holdings include 590 shares held in a 401(k). The Form 4 states the stock awards were granted under the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan and describes the vesting schedules for multiple award tranches.

Positive

• Vesting transparency: Specific share counts from Stock Award II–V (1,099; 1,632; 2,435; 2,926) are disclosed as vested and now directly owned.
• Compensation plan clarity: Vesting schedules for multiple award tranches under the 2022 Equity Compensation Plan are summarized, aiding investor understanding of award timing.

Negative

• Disposition reported: Sale of 2,376 shares at $26.13 was executed on 08/29/2025, reducing the reporting person's holdings by that amount.

Insights

Securities Analyst

TL;DR: CFO reported a routine sale and multiple award vestings that increased direct holdings.

The reported 08/29/2025 transaction shows a sale of 2,376 shares at $26.13, with the reporting person holding 16,512 shares directly after the sale. The filing documents that several award tranches previously held as stock awards have vested and converted into direct ownership, with specific share counts disclosed for each award. The disclosure references the company's 2022 Equity Compensation Plan and provides vesting schedule details for the awards, which is standard for executive compensation reporting. No derivative holdings or option exercises are reported on this Form 4.

Corporate Governance Expert

TL;DR: Disclosure documents executive compensation vesting and a reported sale; filing appears complete and procedural.

The Form 4 identifies the reporting person as the issuer's EVP and CFO and details both the vesting mechanics of multiple stock award tranches and a contemporaneous sale. The explanation section clearly maps award tranches to vesting dates and notes amounts that converted to direct ownership. The form is signed via power of attorney, indicating proper execution. The filing conveys governance transparency on insider transactions and award vesting schedules without additional governance issues disclosed.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brbovic Brett

(Last) (First) (Middle)

131 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/29/2025		F		2,376	D	$26.13	16,512(5)	D
Common Stock								0(5)	I	By Stock Award V(4)
Common Stock								0(5)	I	By Stock Award IV(3)
Common Stock								0(5)	I	By Stock Award III(2)
Common Stock								0(5)	I	By Stock Award II(1)
Common Stock								590(6)	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan Stock Awards vest 50% in three equal annual installments commencing on January 30, 2024 with the remaining 50% vesting on January 30, 2026.

2. Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2024 with the remaining 50% vesting on April 1, 2026.

3. Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2025 with the remaining 50% vesting on April 1, 2027.

4. Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments commencing on July 1, 2025.

5. Since the reporting person's last report, 1,099 shares previously held through Stock Award II, 1,632 shares previously held through Stock Award III, 2,435 shares previously held through Stock Award IV and 2,926 shares previously held through Stock Award V have vested and are now owned directly.

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

	/s/ Marc Levy, pursuant to power of attorney	09/03/2025
	** 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 4 (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

Who filed this Form 4 and what is their role with the issuer?

The filing was made by Brett Brbovic, who is listed as the issuer's EVP and CFO.

What transaction is reported on the Form 4 dated 08/29/2025?

A disposition of 2,376 shares of Common Stock at a price of $26.13 per share is reported for 08/29/2025.

How many shares does the reporting person beneficially own after the reported transaction?

The reporting person beneficially owns 16,512 shares directly following the reported transaction.

Did any equity awards vest according to the Form 4?

Yes. Shares previously held through Stock Award II–V (1,099; 1,632; 2,435; 2,926) vested and are now owned directly; vesting schedules for each award tranche are described.

Are there holdings outside direct ownership disclosed?

Yes. The filing notes 590 shares401(k) plan.