[Form 4] Beacon Financial Corp Insider Trading Activity

Rhea-AI Filing Summary

Paul A. Perrault, President and CEO and director of Beacon Financial Corporation (ticker BHLB), reported an insider transaction on Form 4. On 09/19/2025 he was granted 17,921 restricted shares of Common Stock under the Beacon Financial Corporation 2025 Stock Option and Incentive Plan at a $0 purchase price. Following the grant he beneficially owns 222,301 shares in total, which includes restricted shares from the 2025 plan. In addition, he has an indirect beneficial interest in 31,500 shares held by "Paul A. Perrault GRAT #3." The restricted shares vest in two equal annual installments beginning September 1, 2026. The Form 4 was signed by Marissa S. Martin as P.O.A. on 09/23/2025.

Positive

• 17,921 restricted shares granted to the CEO under the 2025 incentive plan, indicating management's equity alignment
• Restricted shares vest in two equal annual installments, tying compensation to future service starting 09/01/2026
• Reporting person retains substantial ownership (222,301 shares beneficially owned plus 31,500 indirectly via GRAT)

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: CEO received restricted equity grant and retains significant direct and indirect holdings, aligning long-term incentives.

The grant of 17,921 restricted shares at no cash price under the 2025 incentive plan creates time-based alignment between the CEO and shareholders because vesting occurs over two annual installments starting September 1, 2026. The filing also shows continued significant ownership: 222,301 shares beneficially owned and 31,500 held indirectly via a GRAT vehicle, indicating concentrated insider ownership. From a governance perspective, time-based restricted stock is a common tool to retain executives and link pay to future performance; however, the document does not disclose grant valuation, percentage ownership, or potential dilution metrics, which limits assessment of materiality.

Securities Analyst

TL;DR: Reported equity grant increases CEO's vested-for-future compensation but provides limited market-impact detail.

The Form 4 documents a non-cash issuance of restricted common shares (17,921) with stated vesting schedule. This increases reported beneficial ownership to 222,301 shares and notes 31,500 shares held indirectly in a GRAT. For investors assessing insider alignment, the filing confirms the CEO has both direct and indirect positions and that new restricted shares are subject to future vesting. The filing lacks any disclosure of the company-wide share count or percent ownership, so the transactional impact on outstanding shares and dilution cannot be determined from this document alone.

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^*

PERRAULT PAUL A

(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)

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

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		17,921(1)	A	$0	222,301(2)	D
Common Stock								31,500	I	By Paul A. Perrault GRAT #3

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:

	Paul A. Perrault, 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 did Beacon Financial (BHLB) report on Form 4 for Paul A. Perrault?

The Form 4 reports a grant of 17,921 restricted common shares to Paul A. Perrault on 09/19/2025 under the 2025 Stock Option and Incentive Plan.

How many shares does Paul A. Perrault beneficially own after the reported transaction?

Following the reported transaction he beneficially owns 222,301 shares, which includes the newly granted restricted shares.

Are any of Paul A. Perrault's holdings indirect and how many?

Yes. The filing discloses an indirect beneficial interest of 31,500 shares held by "Paul A. Perrault GRAT #3."

What is the vesting schedule for the restricted shares granted to Paul A. Perrault?

The restricted shares vest in two equal annual installments beginning on September 1, 2026.

What price was paid for the restricted shares granted to the CEO?

The Form 4 shows the transaction price as $0, indicating a non-cash grant of restricted stock.