Michael Zaitzeff is a director of Berkshire Hills Bancorp, Inc., a regional bank holding company headquartered in Pittsfield, Massachusetts. On Tuesday, February 20th, he sold 27,000 shares of the company's stock at an average price of $22.43. The total value of the sale was $605,610.00.
After the sale, Zaitzeff owns 11,855 shares of Berkshire Hills Bancorp, Inc.'s stock, valued at approximately $270,945.00 based on the average price of $22.43. It's worth noting that directors are typically required to hold a certain number of shares in the company as a condition of their service, and any sale of shares by a director must be reported to the Securities and Exchange Commission (SEC) in accordance with applicable regulations.
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