STOCK TITAN

Beacon Financial (BBT) chief banking officer sells 17,333 shares in open-market trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Beacon Financial Corp Chief Banking Officer Michael W. McCurdy reported an open-market sale of 17,333 shares of common stock at a weighted average price of $31.04 per share. After this transaction, he directly owns 25,555 common shares.

The shares were sold in multiple trades at prices ranging from $31.17 to $30.91, according to the filing footnote.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
McCurdy Michael W.

(Last) (First) (Middle)
131 CLARENDON STREET

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Beacon Financial Corp [ BBT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Banking Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. 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 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)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 S 17,333 D $31.04(1) 25,555 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.17 to $30.91, inclusive. The reporting person undertakes to provide to Beacon Financial Corporation, any security holder of Beacon Financial Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote(1) to this form 4.
Remarks:
Michael W. McCurdy, by Marissa S. Martin, P.O.A. 02/26/2026
** 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 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.

FAQ

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

Beacon Financial Corp disclosed that Chief Banking Officer Michael W. McCurdy sold 17,333 shares of common stock in an open-market transaction at a weighted average price of $31.04 per share, leaving him with 25,555 directly owned shares afterward.

How many Beacon Financial Corp (BBT) shares did Michael W. McCurdy sell?

Michael W. McCurdy sold 17,333 shares of Beacon Financial Corp common stock. The sale was reported as an open-market transaction and is classified under transaction code “S,” which indicates a sale in the open market or a private transaction in Form 4 terminology.

What price did Michael W. McCurdy receive for his BBT share sale?

The reported weighted average sale price was $31.04 per Beacon Financial Corp share. A footnote explains the shares were sold in multiple transactions at prices ranging from $31.17 to $30.91, and detailed trade-level information is available upon request from the parties listed.

How many Beacon Financial Corp (BBT) shares does McCurdy own after the sale?

After the reported sale, Michael W. McCurdy directly owns 25,555 shares of Beacon Financial Corp common stock. The ownership type is listed as direct in the Form 4, meaning these shares are held in his own name rather than through an intermediate entity.

What does transaction code "S" mean in this Beacon Financial Corp Form 4?

Transaction code “S” on this Form 4 indicates a sale in the open market or a private transaction. In this case, it describes Michael W. McCurdy’s sale of 17,333 Beacon Financial Corp common shares at a weighted average price of $31.04 per share.

Was the Beacon Financial Corp insider sale executed in one trade or multiple trades?

The insider sale was executed in multiple trades. A footnote states the reported $31.04 price is a weighted average, with individual trades occurring between $31.17 and $30.91, and detailed trade breakdowns are available from the company, security holders, or SEC staff on request.
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