Beacon Financial (BBT) director receives 2,509-share restricted stock grant under 2025 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beacon Financial Corp director Hollister Thomas J received a grant of 2,509 shares of Common Stock as restricted stock under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The award was made at no cash cost and is described as a grant, award, or other acquisition.
The restricted shares vest one year from the grant date, so full ownership depends on continued service or other plan conditions. After this award, Hollister holds 25,426 Common Stock shares directly and 7,476 shares indirectly through a Thomas J. Hollister IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hollister Thomas J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,509 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,426 shares (Direct, null);
Common Stock — 7,476 shares (Indirect, By Thomas J. Hollister IRA)
Footnotes (1)
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Key Figures
Restricted shares granted: 2,509 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 25,426 shares
+1 more
4 metrics
Restricted shares granted
2,509 shares
Common Stock grant under 2025 Stock Option and Incentive Plan
Grant price per share
$0.0000 per share
Restricted stock award, compensation-related
Direct holdings after grant
25,426 shares
Common Stock directly owned post-transaction
Indirect IRA holdings
7,476 shares
Common Stock held by Thomas J. Hollister IRA
Key Terms
Restricted stock, Stock Option and Incentive Plan, Grant, award, or other acquisition, Indirect ownership
4 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."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Thomas J. Hollister IRA"
FAQ
What insider transaction did Hollister Thomas J report for Beacon Financial Corp (BBT)?
Hollister Thomas J reported receiving 2,509 shares of Beacon Financial Corp Common Stock as a restricted stock grant. The shares were awarded under the 2025 Stock Option and Incentive Plan and recorded as a grant, award, or other acquisition rather than an open-market purchase.
Is the Hollister Thomas J transaction in Beacon Financial Corp stock a market buy or a compensation grant?
The transaction is described as a grant, award, or other acquisition of 2,509 restricted shares, not an open‑market buy. It arises from the 2025 Stock Option and Incentive Plan, indicating routine equity compensation to a director rather than discretionary share purchases.