Beacon (NYSE: BE) insider files Form 144 to sell 15,410 shares

Rhea-AI Filing Summary

Beacon (BE) filed a Form 144 reporting the proposed sale of 15,410 Common shares on 03/15/2026. The filing lists prior Rule 10b5-1 dispositions by Shawn M. Soderberg, including sales of 45,244 shares on 02/25/2026, 15,906 and 13,901 shares on 03/16/2026, 13,074 shares on 03/17/2026, and 3,332 shares on 02/17/2026.

The notice identifies the securities as Restricted Stock Units and lists Morgan Stanley Smith Barney LLC as the broker. The transactions are described as 10b5-1 sales, indicating planned dispositions under a prearranged plan.

Insights

Securities Counsel

Form 144 notifies of a proposed sale of 15,410 restricted shares under Rule 144.

The filing names Restricted Stock Units and records the proposed sale date 03/15/2026. It also lists the broker as Morgan Stanley Smith Barney LLC, which aligns with standard distribution channels for Rule 144 transactions.

Because the transactions are reported as 10b5-1 sales, they reflect prearranged dispositions; timing and execution depend on the plan mechanics and broker settlement practices.

Insider Transaction Analyst

Multiple 10b5-1 sales by the reporting person appear in the excerpt; sizes are discrete and documented.

The excerpt shows specific past sales: 45,244 shares on 02/25/2026 and several smaller trades in March 2026. These entries document executed dispositions rather than grants or exercises.

Observe subsequent filings for completion or additional sale notices; cash‑flow treatment and remaining holdings are not described in the provided excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	15410	2412897.80	280548215	03/19/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/15/2026	Restricted Stock Units	Issuer			15410	03/15/2026	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SHAWN M. SODERBERG 4353 North First Street San Jose CA 95134	Common	03/17/2026	13074	2006124.24
10b5-1 Sales for SHAWN M. SODERBERG 4353 North First Street San Jose CA 95134	Common	03/16/2026	15906	2462512.84
SHAWN M. SODERBERG 4353 North First Street San Jose CA 95134	Common	03/16/2026	13901	2121182.78
10b5-1 Sales for SHAWN M. SODERBERG 4353 North First Street San Jose CA 95134	Common	02/25/2026	45244	8091480.00
SHAWN M. SODERBERG 4353 North First Street San Jose CA 95134	Common	02/17/2026	3332	465013.92

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Beacon (BE) disclose in this Form 144?

The Form 144 reports a proposed sale of 15,410 Common shares on 03/15/2026. It identifies the shares as Restricted Stock Units and notes prior 10b5-1 sales by Shawn M. Soderberg earlier in 2026.

Who executed the prior 10b5-1 sales listed in the filing?

The filing lists prior Rule 10b5-1 sales attributed to Shawn M. Soderberg, including 45,244 shares on 02/25/2026 and several March 2026 trades of 15,906, 13,901, and 13,074 shares.

Which broker is named for the proposed sale in the Form 144?

The broker named in the excerpt is Morgan Stanley Smith Barney LLC, listed with an address at 1 New York Plaza. The broker is associated with the proposed distribution of the restricted shares.

Are the sales described as discretionary or prearranged?

The transactions are described as 10b5-1 sales, indicating they were effectuated under a prearranged trading plan rather than discretionary open-market trades at the time of each sale.