Rosengren Eric S 4

What Happened

• Eric S. Rosengren, a director of Beacon Financial Corporation (BBT), received a grant of 2,509 restricted common shares on 2026-06-16. The shares were reported at $0.00 per share (total reported acquisition value $0) and were issued as an award under Beacon’s 2025 Stock Option and Incentive Plan. The shares vest one year from the grant date.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-24 (filed 8 days after the transaction; appears late relative to the typical 2-business-day reporting requirement).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,509; price: $0.00; total reported value: $0.
• Vesting: Restricted — shares vest one year from grant per footnote.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Grant made under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan; vesting in one year.

Context

• This was a restricted stock award (compensation), not an open-market purchase or sale. Restricted shares typically cannot be sold until they vest, so this is primarily a compensation/retention action rather than an immediate market bet by the insider.
• The Form 4 filing was later than the usual 2-business-day deadline, which investors should note; late filings may be administrative oversights but can warrant attention.