Beacon Financial CBO granted 10,334 restricted shares

McCurdy Michael W. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

McCurdy Michael W. reported acquisition or exercise transactions in this Form 4 filing.

Beacon Financial Corp Chief Banking Officer Michael W. McCurdy received equity awards in the form of restricted stock, not open-market purchases. On the grant date, he was awarded 5,167 shares of restricted stock that vest in three equal annual installments starting one year after grant.

He also received 5,167 performance-based restricted shares that vest on the third anniversary of the grant date, subject to performance metrics under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. These awards increase his equity-based compensation and align part of his pay with time- and performance-based conditions.

Insider Trade Summary

Grant/Award: 10,334 shares

Grant/Award 2 txns

Insider McCurdy Michael W.

Role Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,167	$0.00	$0.00
Grant/Award	Common Stock	5,167	$0.00	$0.00

Holdings After Transaction: Common Stock — 35,889 shares (Direct)

Footnotes (3)

1. F1. Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest in three equal installments on an annual basis, commencing one year from the date of grant.
2. F2. Performance based restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics.
3. F3. Includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.

Key Figures

Time-based restricted stock grant: 5,167 shares Performance-based restricted stock grant: 5,167 shares Total restricted shares granted: 10,334 shares +4 more

7 metrics

Time-based restricted stock grant 5,167 shares Granted as restricted stock under 2025 Stock Option and Incentive Plan

Performance-based restricted stock grant 5,167 shares Performance-based restricted stock under 2025 Stock Option and Incentive Plan

Total restricted shares granted 10,334 shares Combined time-based and performance-based restricted stock awards

Grant date June 16, 2026 Transaction date for both restricted stock awards

Vesting schedule (time-based) 3 annual installments Equal installments starting one year from grant date

Vesting schedule (performance-based) 3rd anniversary Vests on third anniversary of grant based on performance metrics

Grant price per share $0.0000 per share Indicates shares were compensation grants, not market purchases

Key Terms

restricted stock, performance based restricted stock, 2025 Beacon Financial Corporation Stock Option and Incentive Plan

3 terms

restricted stock financial

"Includes shares of restricted stock 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.

performance based restricted stock financial

"Performance based restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."

2025 Beacon Financial Corporation Stock Option and Incentive Plan financial

"granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Beacon Financial Corp (BBT) insider Michael McCurdy report on this Form 4?

Michael W. McCurdy, Chief Banking Officer of Beacon Financial Corp, reported receiving equity compensation awards. He was granted time-based restricted stock and performance-based restricted stock, both under the 2025 Stock Option and Incentive Plan, rather than buying shares on the open market.

How many restricted shares did Beacon Financial’s Michael McCurdy receive on the grant date?

Michael McCurdy received 5,167 shares of restricted stock and 5,167 performance-based restricted shares. Both awards were granted on the same date as part of his equity compensation, totaling 10,334 common shares subject to vesting and performance conditions.

How do Michael McCurdy’s time-based restricted stock awards at BBT vest?

The 5,167 restricted stock shares granted to Michael McCurdy vest in three equal annual installments. Vesting begins one year from the grant date, with one-third of the shares vesting each year, assuming continued service and satisfaction of the plan’s conditions.

What are the vesting terms for Michael McCurdy’s performance-based restricted stock at BBT?

McCurdy’s 5,167 performance-based restricted shares vest on the third anniversary of the grant date. Vesting depends on meeting specified performance-based metrics under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan, linking part of his compensation to company performance.

Did Beacon Financial’s Michael McCurdy pay cash for these Form 4 share awards?

No, the reported grants show a transaction price of $0.0000 per share, indicating they are equity compensation awards. These restricted and performance-based shares were granted under the company’s 2025 Stock Option and Incentive Plan rather than purchased in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 04:50 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

McCurdy Michael W.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Banking Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/16/2026		A		5,167(1)	A	$0	30,722	D
Common Stock	06/16/2026		A		5,167(2)	A	$0	35,889(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 in three equal installments on an annual basis, commencing one year from the date of grant.

2. Performance based restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics.

3. Includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.

Remarks:

	Michael W. McCurdy, by Marissa S. Martin, P.O.A.	06/24/2026
	** Signature of Reporting Person	Date
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)