UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 8.01 | Other Events |
On March 4, 2024, Berkshire Hills Bancorp, Inc. (the “Company”) announced that Berkshire Bank, the wholly owned subsidiary of the Company, has entered into definitive agreements with three buyers to sell 10 of Berkshire Bank’s upstate and eastern New York branches, consisting of eight offices in Albany, Saratoga, Schenectady and Columbia counties, one office in Whitehall and one office in East Syracuse.
A copy of the news release is attached as Exhibit 99.1 to this Current Report.
| Item 9.01 | Financial Statements and Exhibits |
| (a) | Financial statements of businesses acquired. Not Applicable. | ||
| (b) | Pro forma financial information. Not Applicable. | ||
| (c) | Shell company transactions: Not Applicable. | ||
| (d) | Exhibits: | ||
| Exhibit No. | Description | ||
| 99.1 | News release dated March 4, 2024 | ||
| 104.1 | Cover Page for this Current Report on Form 8-K, formatted in Inline XBRL | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Berkshire Hills Bancorp, Inc. | ||
| DATE: March 4, 2024 | By: | /s/Nitin J. Mhatre |
|
Nitin J. Mhatre President and Chief Executive Officer |