{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-062570","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2023-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.959424+00:00","generated_at":"2026-06-14T19:21:54.983117+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"All proposals approved with at least 97% support at Berkshire Hills annual meeting","bullets":["All 12 director nominees elected; say-on-pay approved with 35.9M votes for vs. 635.9K against.","Ratification of Crowe LLP as auditor approved with 40.97M votes for; annual say-on-pay frequency set at one year.","Quorum of 41.3M shares (93% of outstanding) present; CEO highlighted BEST program progress and credit quality.","Moody's affirmed A3 deposit rating; KBRA affirmed ratings without change, citing financial strength.","CEO noted new business opportunities from market disruption and commitment to disciplined credit posture."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-062570","json":"https://secwatch.observer/filing/0001104659-23-062570.json","markdown":"https://secwatch.observer/filing/0001104659-23-062570.md","text":"https://secwatch.observer/filing/0001104659-23-062570.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/0001104659-23-062570-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/tm2316285d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T19:21:54.983117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"172ef2aef0a9315f71769493e7ec315e86819ecf","claim":"Beacon Financial Corp shareholders approved Election of Directors at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders elected each nominee to serve as a director of the Company for a term of one year.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/0001104659-23-062570-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"},{"claim_id":"907344d105ee0ee5807f58e840daad8a3f813a37","claim":"Beacon Financial Corp shareholders approved Advisory vote on frequency of future shareholder votes on executive compensation at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders voted, on a non-binding, advisory basis, on the frequency of future shareholder votes on the Company’s executive compensation as follows: One Year Two Years Three Years Abstain Broker Non-Votes 33,376,723 42,666 3,227,967 44,717 4,633,752","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/0001104659-23-062570-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"},{"claim_id":"d356f7662dc195df3ca2ed3c0a26cdf58936bd70","claim":"Beacon Financial Corp shareholders approved Advisory vote on executive compensation at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders gave advisory approval of the compensation of the Company’s named executive officers as disclosed in the proxy statement.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/0001104659-23-062570-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"},{"claim_id":"dc5e0a4cac3c2c23ded86d760e92c3f09188024a","claim":"Beacon Financial Corp shareholders approved Ratification of appointment of Crowe LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-18 meeting.","evidence_excerpt":"The shareholders ratified the appointment of Crowe LLP as the Company’s independent registered public accounting firm for fiscal year 2023.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923062570/0001104659-23-062570-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-18"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}