Beacon Financial (BBT) CMO discloses 6,494 common shares in initial Form 3
Rhea-AI Filing Summary
Beacon Financial Corp Chief Marketing Officer Levante Gary R. filed an initial ownership report showing holdings of 6,494 shares of common stock. The position includes restricted stock granted under the Beacon Financial Corporation 2025 Stock Option and Incentive Plan. This filing reports holdings rather than a new stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levante Gary R.
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,494 shares (Direct)
Footnotes (1)
- F1. Includes restricted stock shares granted pursuant to the Beacon Financial Corporation 2025 Stock Option and Incentive Plan.
Key Figures
Common shares owned: 6,494 shares
1 metrics
Common shares owned
6,494 shares
Direct ownership reported on Form 3
Key Terms
Form 3, restricted stock, Beacon Financial Corporation 2025 Stock Option and Incentive Plan
3 terms
Form 3 regulatory
"Levante Gary R. filed an initial ownership report"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
restricted stock financial
"Includes restricted stock shares granted pursuant to the Beacon Financial Corporation 2025 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.
Beacon Financial Corporation 2025 Stock Option and Incentive Plan financial
"granted pursuant to the Beacon Financial Corporation 2025 Stock Option and Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Levante Gary R.'s Form 3 filing for BBT show?
The Form 3 shows that Levante Gary R., Chief Marketing Officer of Beacon Financial Corp (BBT), reports ownership of 6,494 common shares. The filing is an initial statement of holdings, not a record of a new stock purchase or sale.
Does the BBT Form 3 for Levante Gary R. indicate any recent buy or sell transactions?
The Form 3 for Beacon Financial Corp (BBT) does not indicate any recent buy or sell transactions. It records an initial ownership position of 6,494 common shares, functioning as a baseline disclosure rather than documenting trading activity.
What plan governs the restricted stock in Levante Gary R.’s BBT holdings?
The restricted stock in Levante Gary R.’s Beacon Financial Corp (BBT) holdings was granted under the Beacon Financial Corporation 2025 Stock Option and Incentive Plan. This plan provides equity-based compensation, and some of the reported 6,494 shares are subject to its terms.
Is Levante Gary R.’s ownership in BBT direct or indirect?
The Form 3 indicates that Levante Gary R.’s ownership of Beacon Financial Corp (BBT) shares is direct. All 6,494 common shares, including restricted stock from the 2025 Stock Option and Incentive Plan, are reported as directly held rather than through another entity.