Beacon Financial Corp (BBT) director awarded 2,509 restricted stock shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pereira John M. reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp director Pereira John M. received a grant of 2,509 shares of Common Stock as restricted stock. The award was made at no cash cost to him and was issued under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The restricted shares vest one year from the grant date, increasing his direct ownership to 21,940 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pereira John M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,509 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,940 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,509 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 21,940 shares
+1 more
4 metrics
Restricted stock grant
2,509 shares
Common Stock awarded on 2026-06-16
Grant price per share
$0.0000 per share
Restricted stock award to director
Shares owned after grant
21,940 shares
Director’s direct Common Stock holdings post-transaction
Vesting period
One year from grant date
Restricted stock under 2025 Stock Option and Incentive Plan
Key Terms
Restricted stock, Stock Option and Incentive Plan, vesting
3 terms
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."
vesting financial
"The shares vest one year from date of grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Beacon Financial Corp (BBT) disclose in this Form 4?
Beacon Financial Corp reported that director Pereira John M. received a grant of 2,509 shares of Common Stock as restricted stock. The award was issued at no cash cost to him under the 2025 Stock Option and Incentive Plan.
Under which plan was the Beacon Financial Corp (BBT) restricted stock granted?
The grant to Pereira John M. was made under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. This plan provides equity-based compensation, including restricted stock, as part of the company’s approach to rewarding and retaining directors and employees.