STOCK TITAN

Beacon Financial Corp (BBT) director receives 2,509 restricted stock shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Maxfield Sylvia reported acquisition or exercise transactions in this Form 4 filing.

Beacon Financial Corp director Maxfield Sylvia received a grant of 2,509 shares of restricted common stock. The award was made at no cash cost per share under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan and will vest one year from the grant date.

After this grant, Sylvia directly holds 13,993 common shares. This is a routine compensation-related equity award rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Maxfield Sylvia
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,509 $0.00 --
Holdings After Transaction: Common Stock — 13,993 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 2,509 shares Common Stock grant on June 16, 2026
Price per granted share $0.0000 per share Restricted stock award, non-cash compensation
Shares owned after grant 13,993 shares Total direct common stock holdings after transaction
Transaction code A Grant, award, or other acquisition of non-derivative security
Transaction direction acquire Equity award increasing director’s holdings
Restricted stock financial
"Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option and Incentive Plan financial
"Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."
vest financial
"The shares vest one year from date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Maxfield Sylvia

(Last)(First)(Middle)
131 CLARENDON STREET

(Street)
BOSTON MASSACHUSETTS 02116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Beacon Financial Corp [ BBT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026A2,509(1)A$013,993D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest one year from date of grant.
Remarks:
Sylvia Maxfield, by Marissa S. Martin POA06/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Beacon Financial Corp (BBT) report for Maxfield Sylvia?

Beacon Financial reported that director Maxfield Sylvia received 2,509 shares of restricted common stock as a grant. The award came at no cash cost per share and is part of the company’s equity compensation, increasing Sylvia’s direct holdings to 13,993 shares.

Is Maxfield Sylvia’s Form 4 transaction in BBT stock a purchase or an award?

The Form 4 shows an award, not an open-market purchase. Code “A” and the footnote indicate a grant of 2,509 restricted shares under the 2025 Stock Option and Incentive Plan, issued as compensation rather than bought in the market.

When do Maxfield Sylvia’s newly granted BBT restricted shares vest?

The restricted stock shares vest one year from the date of grant. Until vesting, they are subject to plan conditions, but once the one-year period ends, they are scheduled to become fully vested under the 2025 Stock Option and Incentive Plan.

How many Beacon Financial Corp shares does Maxfield Sylvia hold after this grant?

Following the restricted stock grant, Maxfield Sylvia directly holds 13,993 shares of Beacon Financial common stock. This total includes the newly awarded 2,509 restricted shares reported in the Form 4 insider filing for the stated transaction date.

What is the reported price per share for Maxfield Sylvia’s BBT restricted stock grant?

The Form 4 lists a transaction price per share of $0.0000 for the 2,509 restricted shares. This reflects that the award was granted as compensation under the 2025 Stock Option and Incentive Plan rather than acquired through a cash purchase.