Director Joanne B. Chang receives 2,509-share grant at Beacon Financial (BBT)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chang Joanne B. reported acquisition or exercise transactions in this Form 4 filing.

Beacon Financial Corp director Joanne B. Chang received a grant of 2,509 shares of restricted common stock. The award was made at a stated price of $0.00 per share under the 2025 Stock Option and Incentive Plan and will vest one year from the grant date. After this grant, she directly holds 12,952 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chang Joanne B.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,509	$0.00	--

Holdings After Transaction: Common Stock — 12,952 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted shares granted: 2,509 shares Grant price per share: $0.00 per share Shares after transaction: 12,952 shares +1 more

4 metrics

Restricted shares granted 2,509 shares Restricted common stock grant to director on June 16, 2026

Grant price per share $0.00 per share Stated price for restricted stock grant

Shares after transaction 12,952 shares Director’s direct common stock holdings following grant

Vesting period 1 year Restricted shares vest one year from grant date

Key Terms

Restricted stock, Stock Option and Incentive Plan, vest, Grant, award, or other acquisition

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."

vest financial

"The shares vest one year from date of grant."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 04:43 PM Accepted by SEC EDGAR 06/24/2026 - 04:42 PM

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^*

Chang Joanne B.

(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)

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/16/2026		A		2,509⁽¹⁾	A	$0	12,952	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest one year from date of grant.

Remarks:

	Joanne B. Chang 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Beacon Financial Corp (BBT) report for Joanne B. Chang?

Beacon Financial Corp reported that director Joanne B. Chang received a grant of 2,509 restricted shares of common stock. The shares were awarded at a stated price of $0.00 per share as part of her equity compensation under the company’s 2025 incentive plan.

How many Beacon Financial Corp (BBT) shares does Joanne B. Chang hold after this grant?

After the grant, Joanne B. Chang directly holds 12,952 shares of Beacon Financial Corp common stock. This total includes the newly awarded 2,509 restricted shares granted under the 2025 Stock Option and Incentive Plan, which are subject to a one-year vesting period.

What are the terms of Joanne B. Chang’s restricted stock grant at Beacon Financial Corp (BBT)?

The grant consists of 2,509 restricted shares that vest one year from the grant date. These shares were issued under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan, with a stated grant price of $0.00 per share as part of her director compensation.

Is Joanne B. Chang’s Form 4 transaction in Beacon Financial Corp (BBT) a purchase or a grant?

The Form 4 transaction is a grant, not an open-market purchase. The filing classifies it as a grant, award, or other acquisition of 2,509 restricted shares under the 2025 Stock Option and Incentive Plan with no cash price per share reported.

When do Joanne B. Chang’s restricted Beacon Financial Corp (BBT) shares vest?

The restricted stock granted to Joanne B. Chang vests one year from the date of grant. Until vesting, the 2,509 shares remain subject to the plan’s restrictions, as described in the footnote referencing the 2025 Stock Option and Incentive Plan.