Fitzgerald Margaret Boles 4

What Happened Margaret B. Fitzgerald, a director of Beacon Financial Corp (BBT), received a grant of 2,509 restricted common shares on 2026-06-16. The Form 4 reports the acquisition price as $0.00 (award/compensation), so no cash was paid by the insider. These shares were granted under Beacon’s 2025 Stock Option and Incentive Plan.

Key Details

• Transaction date: 2026-06-16; transaction code: A (award/grant).
• Shares granted: 2,509 restricted shares; acquisition price reported as $0.00.
• Vesting: These restricted shares vest one year from the grant date (see footnote F1).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Filing timeliness: The Form 4 was filed on 2026-06-24 (8 days after the transaction), which appears to be late relative to the usual two-business-day filing requirement for Form 4s.

Context Restricted-share grants are a form of compensation and do not necessarily signal a buying or selling decision by the insider. Because vesting occurs one year after grant, these shares are subject to forfeiture until vested and are intended as long-term incentive pay rather than an immediate market investment. Monitor future Form 4s for vesting-related transfers or any subsequent sales.