{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-128694","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2024-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.689779+00:00","generated_at":"2026-05-29T02:46:20.915520+00:00","sec_items":["1.01","3.02","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Berkshire Hills Bancorp to acquire Brookline Bancorp in stock merger; shareholders receive 0.42x Berkshire shares","bullets":["Merger consideration: each Brookline share exchanges for 0.42 Berkshire common share; fractional shares paid in cash.","Berkshire raises ~$100M via private placement of 3.45M shares at $29/sh; proceeds support merger and capital ratios.","Combined board set at 16 directors: 8 from Berkshire, 8 from Brookline; Brunelle Chair, Perrault CEO for ≥2 years.","Termination fee of $45M applies if either party backs out under specified conditions.","Sean Gray enters new employment agreement with $3.9M retention bonus (half at Yr1, half at Yr2 post-close)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-128694","json":"https://secwatch.observer/filing/0001104659-24-128694.json","markdown":"https://secwatch.observer/filing/0001104659-24-128694.md","text":"https://secwatch.observer/filing/0001104659-24-128694.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924128694/0001104659-24-128694-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924128694/tm2431117d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:46:20.915520+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}