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Beacon Financial Corp (BBT) director granted 2,509 restricted shares, now holds 14,835

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Hill Willard I JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,509 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 14,835 shares (Direct, null); Common Stock — 307 shares (Indirect, By IRA)
Footnotes (1)
  1. [object Object]
Restricted stock grant 2,509 shares Common Stock grant to director on June 16, 2026
Grant price $0.00 per share Restricted stock grant under 2025 plan
Direct holdings after grant 14,835 shares Common Stock held directly following transaction
Indirect IRA holdings 307 shares Common Stock held indirectly by IRA
Vesting period One year Restricted stock vests one year from grant date
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."
IRA financial
"total_shares_following_transaction 307.0000, nature_of_ownership: By IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Hill Willard I JR

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/16/2026A2,509(1)A$014,835D
Common Stock307IBy IRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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:
Willard I. Hill, Jr., by Marissa S. Martin, POA06/24/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Beacon Financial Corp (BBT) report in this Form 4?

The Form 4 reports that director Hill Willard I Jr received an award of 2,509 restricted shares of Beacon Financial Corp common stock and updated his direct and indirect shareholdings, with no open-market purchases or sales disclosed.

How many Beacon Financial Corp (BBT) shares did the director acquire?

The director acquired 2,509 shares of Beacon Financial Corp common stock. The filing labels this as a grant or award at $0.00 per share, reflecting stock-based compensation rather than a cash purchase in the market.

What are the vesting terms of the restricted stock granted by Beacon Financial Corp (BBT)?

The restricted shares vest one year from the grant date. They were granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan, meaning the director must satisfy this time-based condition before the shares fully vest.

How many Beacon Financial Corp (BBT) shares does the director hold after the grant?

After the grant, the director directly holds 14,835 shares of Beacon Financial Corp common stock. The filing also records an indirect holding of 307 shares through an IRA, reported separately as a holding entry.

Does this Beacon Financial Corp (BBT) Form 4 show any stock sales or market purchases?

No stock sales or open-market purchases are shown. The filing reports a grant of 2,509 restricted shares as compensation and an indirect IRA holding of 307 shares, without any buy or sell transactions in the market.

Under which plan were the restricted shares of Beacon Financial Corp (BBT) granted?

The restricted shares were granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The footnote explains that these restricted stock shares vest one year from the date of grant as part of the company’s equity compensation program.