---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000183"
form_type: "8-K"
ticker: "BBT"
cik: "0001108134"
company_name: "Beacon Financial Corp"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T14:25:21.306382+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# All 11 director nominees elected, say-on-pay approved at Berkshire annual meeting

## Summary
- Quorum of ~91% of outstanding shares present; all proposals received at least 96% shareholder support.
- CEO Mhatre cited 10% operating return on tangible common equity and a year-over-year dividend increase in 2023.
- Retiring directors Baye Adofo-Wilson and Michael Zaitzeff acknowledged; new directors elected for one-year term.
- Crowe LLP ratified as independent registered public accounting firm for fiscal 2024.

## SEC filing metadata
- accession: 0000943374-24-000183
- form_type: 8-K
- ticker: BBT
- cik: 0001108134
- company_name: Beacon Financial Corp
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.07, 8.01, 9.0
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/0000943374-24-000183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/form8k_051624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000183
- JSON: https://secwatch.observer/filing/0000943374-24-000183.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000183.txt

## Source-grounded claims
- claim_id: 15e047d6b81a4069a394e3787d5e89a77df6cc85
  claim: Beacon Financial Corp shareholders approved Ratification of the appointment of the Company’s Independent Registered Public Accounting Firm at the 2024-05-16 meeting.
  evidence_excerpt: The shareholders ratified the appointment of Crowe LLP as the Company’s independent registered public accounting firm for fiscal year 2024. The results of the shareholder vote on Proposal 3 were as follows: For Against Abstain Broker Non-Votes 38,844,294 581,350 63,518 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/0000943374-24-000183-index.htm
- claim_id: 5a3f570b90a1771a850058f2e6e12322aa73d12a
  claim: Beacon Financial Corp shareholders approved An advisory vote on the Company’s executive compensation practices at the 2024-05-16 meeting.
  evidence_excerpt: The shareholders gave advisory approval of the compensation of the Company’s named executive officers as disclosed in the proxy statement. The results of the shareholder vote on Proposal 2 were as follows: For Against Abstain Broker-Non Votes 33,247,339 1,315,857 139,228 4,786,738
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/0000943374-24-000183-index.htm
- claim_id: 7ccc252ff65bd5ced54b08e537c61dab00ebc342
  claim: Beacon Financial Corp shareholders approved Election of Directors at the 2024-05-16 meeting.
  evidence_excerpt: The shareholders elected each nominee to serve as a director of the Company for a term of one year. The results of the shareholder vote on Proposal 1 were as follows: For Withheld Broker Non-Votes David M. Brunelle 33,732,971 969,453 4,786,738
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/0000943374-24-000183-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.