Hollister Thomas J 4

What Happened Thomas J. Hollister, a director of Beacon Financial Corp (BBT), received an award of 2,509 restricted shares on 2026-06-16. The shares were granted at $0.00 per share (total reported value $0) as an acquisition under the company's equity incentive plan. This is a grant of restricted stock (an award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16; Filing date: 2026-06-24 (filed 8 days after the transaction)
• Transaction type/code: Award/Grant (A)
• Shares granted: 2,509; Price per share: $0.00; Reported total value: $0
• Vesting: These are restricted stock shares under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan and vest one year from the grant date (per footnote).
• Shares owned after transaction: Not disclosed in this filing
• Timeliness: The Form 4 was filed more than two business days after the transaction date, which is later than the typical Form 4 filing requirement.

Context Restricted stock grants are a common form of compensation and retention for directors and executives; they do not indicate an immediate market purchase or sale. Because the shares vest one year from grant, Hollister cannot fully control or sell them until vesting (subject to plan terms). The late filing is noted in the record but does not by itself indicate trading intent.