Beacon Financial Corp Chief Operations Officer Sean Gray filed a Form 4 on October 27, 2026, disclosing the acquisition of 8,912 shares of common stock on October 26, 2026.

Key Highlights

  • Reporting person: Sean Gray, Chief Operations Officer of Beacon Financial Corp (BBT)
  • Shares acquired: 8,912 shares of common stock acquired on October 26, 2026, at a price of $0
  • Grant type: Restricted stock shares granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan
  • Vesting schedule: Shares vest in three equal installments on an annual basis, commencing one year from the date of grant
  • Direct beneficial ownership following transaction: 142,987 shares held directly, which includes shares of restricted stock granted under the 2025 plan
  • Indirect ownership: 2,762 shares held indirectly through a 401(k) plan

Gray's Restricted Stock Grant Under 2025 Beacon Financial Incentive Plan

According to the filing, Sean Gray, serving as Chief Operations Officer of Beacon Financial Corp (traded as BBT), received a grant of 8,912 restricted shares of common stock on October 26, 2026. The transaction was coded "A" (acquired) and carries a price of $0, consistent with a grant rather than a purchase. The filing identifies the source as the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.

The filing notes that the granted shares "vest in three equal installments on an annual basis, commencing one year from the date of grant." Following this transaction, Gray directly holds 142,987 shares of common stock, which the filing states "includes shares of restricted stock granted pursuant to the 2025 Beacon Financial Corporation Stock Option and Incentive Plan." Gray also holds 2,762 shares indirectly through a 401(k) plan, according to the disclosure.

The Form 4 was signed on October 27, 2026, by Marissa S. Martin under a power of attorney on behalf of Sean A. Gray. The filing was made by one reporting person and does not reflect any derivative securities transactions in Table II.

What Was Disclosed

Beacon Financial Corp Chief Operations Officer Sean Gray disclosed the acquisition of 8,912 restricted common shares at no cost under the company's 2025 incentive plan, bringing his direct holdings to 142,987 shares, with an additional 2,762 shares held indirectly via a 401(k).