secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K/A
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0000943374-23-000047
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Berkshire Hills Bancorp corrects CFO severance terms from 2x to 3x salary plus 36 months insurance
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- David Rosato hired as SEVP and CFO effective Feb 6, 2023; base salary $500,000.
- Corrected severance: three times base salary plus cash incentive, 36 months insurance (was originally two times, 24 months).
- Previously served as CFO of People's United Financial and Treasurer of Webster Financial.
- No other changes to original filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000094337423000047/0000943374-23-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000094337423000047/form8k-a_012523.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000047

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