Beacon Financial Corp (BBT) CEO Paul Perrault receives new restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beacon Financial Corp President and CEO Paul A. Perrault reported stock awards and updated holdings. He received two grants of 18,174 shares of common stock each at $0.00 per share as "grant, award, or other acquisition" transactions on June 16, 2026.
Footnotes state one grant is restricted stock that vests in three equal annual installments starting one year from grant, and the other is performance-based restricted stock that vests on the third anniversary based on performance metrics. After these awards, Perrault directly holds 258,649 shares, which include restricted stock granted under the 2025 Stock Option and Incentive Plan, and indirectly holds 31,500 shares through Paul A. Perrault GRAT #3.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PERRAULT PAUL A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,174 | $0.00 | -- |
| Grant/Award | Common Stock | 18,174 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 240,475 shares (Direct, null);
Common Stock — 31,500 shares (Indirect, By Paul A. Perrault GRAT #3)
Footnotes (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. 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. Includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.
Key Figures
Restricted stock grant: 18,174 shares
Performance-based restricted stock grant: 18,174 shares
Direct holdings after grants: 258,649 shares
+2 more
5 metrics
Restricted stock grant
18,174 shares
Restricted stock granted June 16, 2026 at $0.00/share
Performance-based restricted stock grant
18,174 shares
Performance-based restricted stock granted June 16, 2026 at $0.00/share
Direct holdings after grants
258,649 shares
Common stock directly owned following reported transactions
Indirect holdings via GRAT #3
31,500 shares
Common stock held indirectly by Paul A. Perrault GRAT #3
Grant price
$0.00 per share
Transaction price per share for both stock awards
Key Terms
Grant, award, or other acquisition, restricted stock, performance based restricted stock shares, 2025 Beacon Financial Corporation Stock Option and Incentive Plan, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
2025 Beacon Financial Corporation Stock Option and Incentive Plan financial
"granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."
GRAT financial
"By Paul A. Perrault GRAT #3"
FAQ
What insider transactions did Beacon Financial Corp (BBT) disclose for Paul A. Perrault?
Beacon Financial Corp reported that President and CEO Paul A. Perrault received two grants of 18,174 common shares each at $0.00 per share on June 16, 2026. These awards are recorded as non-derivative stock acquisitions under the company’s 2025 Stock Option and Incentive Plan.
What are the vesting terms of Paul A. Perrault’s restricted stock grants at Beacon Financial Corp (BBT)?
One restricted stock grant to Paul A. Perrault vests in three equal annual installments beginning one year from the grant date. A separate performance-based restricted stock grant vests on the third anniversary of the grant, subject to specified performance-based metrics described in the 2025 Stock Option and Incentive Plan.
What plan governs the new stock awards reported for Beacon Financial Corp (BBT) CEO Paul A. Perrault?
The new stock awards to Paul A. Perrault are granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. Footnotes specify that both restricted and performance-based restricted stock shares are issued pursuant to this plan, and existing restricted stock holdings are also included under it.
Are Paul A. Perrault’s reported Beacon Financial Corp (BBT) stock awards open-market purchases or company grants?
The reported transactions are company stock grants, not open-market purchases. They are coded as “A” for grant, award, or other acquisition at a transaction price of $0.00 per share, consistent with restricted stock and performance-based restricted stock issued under the company’s stock incentive plan.
How are Paul A. Perrault’s indirect Beacon Financial Corp (BBT) holdings structured in this Form 4?
Paul A. Perrault’s indirect ownership is reported as 31,500 Beacon Financial Corp common shares held by Paul A. Perrault GRAT #3. This entry is classified as indirect ownership, providing detail on shares held through this grantor retained annuity trust rather than directly in his own name.