[Form 4] Beacon Financial Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meiklejohn Mark J. reported acquisition or exercise transactions in this Form 4 filing.
Beacon Financial Corp Chief Credit Officer Mark J. Meiklejohn reported receiving two grants of 4,420 shares each of common stock as awards, not open-market purchases. One grant is restricted stock that vests in three equal annual installments starting one year after the grant date. The other is performance-based restricted stock that vests on the third anniversary of the grant date if specified performance metrics are met. Following these awards, his direct holdings are reported as 57,602 shares in one line and 53,182 shares in another, both figures including restricted stock granted under the 2025 Stock Option and Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Meiklejohn Mark J.
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,420 | $0.00 | -- |
| Grant/Award | Common Stock | 4,420 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,182 shares (Direct, null)
Footnotes (1)
- Restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest in three equal installments on an annual basis, commencing one year from the date of grant. Performance based restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics. Includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.
Key Figures
Time-vested restricted stock grant: 4,420 shares
Performance-based restricted stock grant: 4,420 shares
Holdings after first reported grant: 57,602 shares
+2 more
5 metrics
Time-vested restricted stock grant
4,420 shares
Common Stock award on June 16, 2026
Performance-based restricted stock grant
4,420 shares
Common Stock award on June 16, 2026
Holdings after first reported grant
57,602 shares
Direct ownership following one award line
Holdings after second reported grant
53,182 shares
Direct ownership following second award line
Time-vested award schedule
3 installments
Vests in three equal annual installments starting one year post-grant
Key Terms
Restricted stock, Performance based restricted stock, Stock Option and Incentive Plan
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.
Performance based restricted stock financial
"Performance based restricted stock shares granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."
Stock Option and Incentive Plan financial
"Includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan."