Beacon Financial CEO Paul Perrault Receives Restricted Stock Awards
This Form 4 filing reports that Paul A. Perrault, President and CEO of Beacon Financial Corp (BBT), received two separate restricted stock awards on June 16, 2026. The first award consists of 18,174 shares of restricted stock granted under the company's 2025 Stock Option and Incentive Plan, which vests in three equal annual installments starting one year from the grant date. The second award of 18,174 shares is performance-based restricted stock that vests on the third anniversary based on certain performance metrics. Both awards were granted at $0 per share. Following these transactions, Perrault's direct holdings increased to 258,649 shares, and he also holds 31,500 shares indirectly through the Paul A. Perrault GRAT #3 trust. The filing demonstrates executive compensation through equity awards tied to both time-based and performance-based vesting conditions.