Beacon Financial Corp (BBT) director granted 2,509 restricted shares, now holds 14,835
Rhea-AI Filing Summary
Hill Willard I JR reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp director Hill Willard I Jr reported an equity award and updated holdings in company stock. He received 2,509 shares of Common Stock as a grant or award at $0.00 per share, described in the footnote as restricted stock granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan, which vests one year from the grant date.
Following this award, he directly holds 14,835 shares of Beacon Financial Corp common stock. In addition, a separate entry shows 307 shares held indirectly through an IRA, recorded as a holding entry rather than a new transaction.
Positive
- None.
Negative
- None.
Insights
Director received time-vested restricted stock; no open-market trading occurred.
The filing shows 2,509 restricted shares of Beacon Financial Corp common stock granted to director Hill Willard I Jr at $0.00 per share. The award comes from the 2025 Stock Option and Incentive Plan and vests after one year from the grant date.
This is compensation-related equity, not an open-market buy or sell, so it carries weaker signaling value about the director’s view of the stock. After the grant, he directly owns 14,835 shares and also has 307 shares held indirectly via an IRA. Overall, it is a routine governance and compensation disclosure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,509 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted stock financial
Stock Option and Incentive Plan financial
IRA financial
FAQ
What did Beacon Financial Corp (BBT) report in this Form 4?
What are the vesting terms of the restricted stock granted by Beacon Financial Corp (BBT)?
Does this Beacon Financial Corp (BBT) Form 4 show any stock sales or market purchases?
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