Beacon Financial Corp·4

Jun 24, 4:48 PM ET

Pereira John M. 4

Research Summary

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Beacon Financial (BBT) Director John M. Pereira Receives 2,509-Share Award

What Happened

  • John M. Pereira, a director of Beacon Financial Corp (BBT), received an award of 2,509 restricted shares on 2026-06-16. The shares were issued at $0.00 (listed acquisition value $0) under the company’s equity plan.

Key Details

  • Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-24).
  • Transaction type/code: Award/Grant (A); price reported $0.00; acquisition amount 2,509 shares.
  • Vesting/footnote: Shares are restricted stock granted under the 2025 Beacon Financial Corp Stock Option and Incentive Plan and vest one year from the grant date.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Timeliness: Filing was submitted on 2026-06-24 for a 2026-06-16 transaction (filed late relative to the typical two-business-day Form 4 deadline).

Context

  • This was a grant of restricted stock (compensation), not an open-market purchase or sale—such awards are common for directors and typically vest over time. The award itself does not indicate a buy or sell sentiment and becomes relevant to owners when/if shares vest or are disposed.