secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001104659-25-047376
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Berkshire Hills provides supplemental info for 2025 equity plan vote after ISS unfavorable recommendation
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- 44,400 stock options outstanding, weighted avg exercise price $26.65, remaining term 0.93 years.
- 386,968 unvested time-based full value awards and 110,356 performance-based awards outstanding.
- 822,719 shares remaining under prior equity plans will be cancelled if 2025 Plan approved.
- 84,260,582 shares anticipated outstanding after proposed merger with Brookline Bancorp closes.
- No additional equity grants made from Dec 16, 2024 through closing of merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925047376/0001104659-25-047376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000110465925047376/tm2514857d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-047376

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