Callahan Mary Anne 4

What Happened Mary Anne Callahan, a director of Beacon Financial Corporation (BBT), was granted 2,509 restricted common shares on 2026-06-16. The grant was reported as an award/acquisition (code A) at an acquisition price of $0.00, so the reported dollar value of the transaction is $0.00. This was a compensation award (restricted stock), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-16; reported on Form 4 filed 2026-06-24.
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,509; acquisition price: $0.00 (restricted stock grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These are restricted stock shares granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan; the shares vest one year from the grant date.
• Timeliness: The Form 4 was filed eight days after the transaction (filed 2026-06-24 for a 2026-06-16 grant), which is later than the typical 2-business-day Form 4 reporting window.

Context Restricted stock awards to directors are a common form of compensation and are typically intended to align long-term interests with shareholders. Because these shares vest one year from grant, they are not freely transferable immediately and do not represent an immediate market purchase or sale. Such awards are routine and should be viewed as compensation rather than a direct bullish or bearish trading signal.