secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0000943374-24-000183
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.07, 8.01, 9.0
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/0000943374-24-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000094337424000183/form8k_051624.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000183

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer