Beacon Financial Director Receives Restricted Stock Grant
This Form 4 filing discloses that Willard I. Hill, Jr., a director of Beacon Financial Corporation (ticker: BBT), received a grant of 2,509 restricted shares of common stock on June 16, 2026. The shares were granted at $0 per share as part of the company's 2025 Stock Option and Incentive Plan. According to footnote F1, these restricted stock shares vest one year from the date of grant. Following this transaction, Hill's direct holdings increased to 14,835 shares. Additionally, the filing shows Hill holds 307 shares indirectly through an IRA. The filing was signed on June 24, 2026, by Marissa S. Martin acting under power of attorney for Hill. This transaction represents a standard equity compensation award to a board member under the company's incentive plan.