[Form 4] Beacon Financial Corp Insider Trading Activity

Rhea-AI Filing Summary

Mark J. Meiklejohn, identified as Chief Credit Officer and a director of Beacon Financial Corporation, reported a grant of 6,341 restricted shares of the issuer's common stock on 09/19/2025 under the Beacon Financial Corporation 2025 Stock Option and Incentive Plan. The restricted shares were granted at a $0 price and will vest in two equal annual installments beginning 09/01/2026. After the grant, the reporting person beneficially owned 48,762 shares (which includes the newly granted restricted shares). The Form 4 was signed by a power of attorney on 09/23/2025. No derivative transactions or cash purchases are reported.

Positive

• Retention-focused compensation: Restricted shares vest over two years, aligning executive incentives with company performance and retention.
• Increased insider ownership: Reporting person now beneficially owns 48,762 shares, which may align interests with shareholders.

Negative

• No immediate cash investment: Grant priced at $0 is non-cash, so it does not provide new capital to the company.
• Delayed vesting: Shares are not immediately marketable, so there is no instant voting or liquidity impact from the grant.

Insights

Securities Analyst

TL;DR: Officer received restricted stock grant of 6,341 shares, increasing beneficial ownership to 48,762; standard time-based vesting applies.

The grant is a non-cash compensation event recorded on 09/19/2025 and executed under the company's 2025 equity plan. The $0 price reflects a restricted award rather than a market purchase. Vesting in two equal annual installments beginning 09/01/2026 aligns management incentives with multi-year retention. There are no option exercises, sales, or derivative positions disclosed in this filing, limiting immediate market impact.

Corporate Governance Expert

TL;DR: Time-based restricted shares granted to a senior officer; typical retention-focused compensation with delayed vesting.

The award structure—restricted stock vesting over two years—signals standard retention and alignment practice rather than an immediate liquidity event. The filing is straightforward and includes a POA signature dated 09/23/2025. Because the transaction is a grant and not a sale or loan arrangement, governance implications are routine and contained to executive compensation disclosure.

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
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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^*

Meiklejohn Mark J.

(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 Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

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	09/19/2025		A		6,341(1)	A	$0	48,762(2)	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. Restricted stock shares granted pursuant to the Beacon Financial Corporation 2025 Stock Option and Incentive Plan. The shares vest in two equal annual installments commencing on September 1, 2026.

2. Includes shares of restricted stock granted pursuant to the Beacon Financial Corporation 2025 Stock Option and Incentive Plan.

Remarks:

	Mark J. Meiklejohn, by Marissa S. Martin, P.O.A.	09/23/2025
	** 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 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 transaction did Mark J. Meiklejohn report on Form 4 for Beacon Financial Corp (ticker shown in filing)?

He reported a grant of 6,341 restricted shares on 09/19/2025 under the company's 2025 Stock Option and Incentive Plan.

How many shares does the reporting person beneficially own after the reported transaction?

After the grant, the reporting person beneficially owns 48,762 shares, as stated in the Form 4.

What are the vesting terms for the restricted shares granted to the reporting person?

The restricted shares vest in two equal annual installments commencing on 09/01/2026, per the filing explanation.

Was this a purchase or a non-cash award, according to the Form 4?

The award was non-cash: the restricted shares were reported with a $0 price, indicating a grant rather than a purchase.

Did the Form 4 report any derivative securities or option exercises?

No. Table II shows no derivative transactions; only the non-derivative restricted stock grant is reported.