McCurdy Michael W. 4
Research Summary
AI-generated summary
Beacon Financial (BBT) Chief Banking Officer Michael McCurdy Sells 17,333 Shares
What Happened
- Michael W. McCurdy, Chief Banking Officer of Beacon Financial Corp (BBT), sold 17,333 shares on 2026-02-26. The reported aggregate proceeds were $538,016, with a weighted-average price of $31.04 per share. The filing lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date: 2026-02-26.
- Price: weighted average $31.04; individual trade prices ranged from $31.17 to $30.91 (see footnote F1).
- Shares sold: 17,333; Proceeds: $538,016 (aggregate).
- Shares owned after the transaction: not specified in the provided summary of this filing.
- Footnote: F1 notes the $31.04 is a weighted average and the seller will provide breakdown of shares sold at each price on request.
- Filing timeliness: reported with a Form 4 dated and filed on 2026-02-26 (no late filing indicated).
- No 10b5-1 plan, tax withholding, or other special conditions were disclosed in the provided details.
Context
- This was a sale (often routine for insiders) rather than an acquisition; sales do not necessarily signal a change in company prospects. Retail investors typically give more weight to insider purchases than to sales. If you want more detail on exact per-trade prices or remaining ownership, the filer has committed to provide that breakdown upon request to Beacon Financial, shareholders, or the SEC staff.