Beacon Financial CBO sells 17,333 shares at $31.04
Beacon Financial Corp Chief Banking Officer Michael W. McCurdy reported an open-market sale of 17,333 shares of common stock at a weighted average price of $31.04 per share.
Rhea-AI Filing Summary
Beacon Financial Corp Chief Banking Officer Michael W. McCurdy reported an open-market sale of 17,333 shares of common stock at a weighted average price of $31.04 per share. After this transaction, he directly owns 25,555 common shares.
The shares were sold in multiple trades at prices ranging from $31.17 to $30.91, according to the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,333 shares
Net Sell
1 txn
Insider
McCurdy Michael W.
Role
Chief Banking Officer
Sold
17,333 shs ($538K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,333 | $31.04 | $538K |
Holdings After Transaction:
Common Stock — 25,555 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.17 to $30.91, inclusive. The reporting person undertakes to provide to Beacon Financial Corporation, any security holder of Beacon Financial Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1) to this form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Beacon Financial Corp (BBT) disclose in this Form 4 filing?
Beacon Financial Corp disclosed that Chief Banking Officer Michael W. McCurdy sold 17,333 shares of common stock in an open-market transaction at a weighted average price of $31.04 per share, leaving him with 25,555 directly owned shares afterward.
What does transaction code "S" mean in this Beacon Financial Corp Form 4?
Transaction code “S” on this Form 4 indicates a sale in the open market or a private transaction. In this case, it describes Michael W. McCurdy’s sale of 17,333 Beacon Financial Corp common shares at a weighted average price of $31.04 per share.
Was the Beacon Financial Corp insider sale executed in one trade or multiple trades?
The insider sale was executed in multiple trades. A footnote states the reported $31.04 price is a weighted average, with individual trades occurring between $31.17 and $30.91, and detailed trade breakdowns are available from the company, security holders, or SEC staff on request.
AI-generated analysis. How Rhea-AI works. Not financial advice.