The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Paul A. Perrault, President and CEO of Beacon Financial Corporation (NYSE:BBT), disposed of 4,333 shares of common stock on Sept. 1, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($30.39); post-transaction value based on Sept. 1, 2026, market close ($30.39).
What triggered this stock disposition?The transaction was a non-discretionary event in which shares were withheld to satisfy tax obligations associated with the vesting of restricted stock awards. This automatic execution is part of a pre-arranged equity compensation structure and does not indicate a shift in the executive's investment thesis.
What remains of the CEO's equity incentive profile?After this withholding, Paul A. Perrault retains 254,316 shares held directly, which include restricted stock awards granted under the company's 2025 Stock Option and Incentive Plan. This indicates continued alignment with long-term performance through a combination of vested and unvested equity.