[Form 3] Berkshire Hills Bancorp, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Paul A. Perrault filed an initial Form 3 reporting beneficial ownership in Beacon Financial Corp (symbol shown as BBT). The filing records 204,380 shares held directly and an additional 31,500 shares held indirectly through "Paul A. Perrault GRAT #3". The form identifies Perrault as a Director and President and CEO and shows the transaction date as 09/01/2025 with the form signed on 09/05/2025.

Positive

• Initial disclosure filed under Section 16, establishing transparent reporting of insider holdings
• Detailed ownership split showing direct (204,380 shares) and indirect (31,500 shares via GRAT) holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine initial Section 16 filing discloses officer/director holdings totaling 235,880 shares, with a small portion held indirectly.

This Form 3 is an initial ownership disclosure showing 204,380 shares directly owned and 31,500 held indirectly in a GRAT vehicle. For investors, the filing simply establishes the insider's equity stake and does not report any derivatives or transactions beyond the initial ownership snapshot. No percentages of outstanding shares or value metrics are provided, limiting assessment of ownership influence.

Corporate Governance Expert

TL;DR: Disclosure is timely and complete for initial beneficial ownership; indirect holding via a GRAT is properly noted.

The filing clearly identifies the reporting person as both a Director and the President and CEO, and it documents direct and indirect stock ownership with the indirect interest attributed to a named GRAT. The form contains no amendments, derivative holdings, or explanatory remarks. Without share count of the issuer, materiality of the stake cannot be judged from this filing alone.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

PERRAULT PAUL A

(Last) (First) (Middle)

131 CLARENDON STREET

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2025

3. Issuer Name and Ticker or Trading Symbol
Beacon Financial Corp [ BBT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	204,380	D
Common Stock	31,500	I	By Paul A. Perrault GRAT #3

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Paul A. Perrault, by Marissa S. Martin, P.O.A.	09/05/2025
	** Signature of Reporting Person	Date
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 5 (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.

FAQ

What did Paul A. Perrault report on his Form 3 for Beacon Financial Corp (BBT)?

He reported 204,380 shares owned directly and 31,500 shares owned indirectly via "Paul A. Perrault GRAT #3".

What roles does the reporting person hold according to the Form 3?

The form lists Paul A. Perrault as a Director and as President and CEO.

When was the event requiring the Form 3 reported?

The Date of Event Requiring Statement is shown as 09/01/2025 and the form was signed on 09/05/2025.

Does the Form 3 disclose any derivative securities or option holdings?

No. Table II for derivative securities contains no entries; the filing shows only non-derivative common stock holdings.

Is there any explanation or remarks included in the filing?

The filing contains a generic 'Remarks' heading but no substantive explanatory text beyond the ownership entries.