secwatch.observer — SEC 8-K summary
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Issuer:     Beacon Financial Corp (BBT)
CIK:        0001108134
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001104659-26-057108
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Beacon Financial receives Fed non-objection for $50M stock buyback
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- Federal Reserve issued notice of non-objection for Beacon Financial's stock repurchase program.
- Program authorizes up to $50M in share repurchases from May 5, 2026 to May 4, 2027.
- Board adopted program on April 29, 2026, subject to regulatory non-objection.
- Purchases may be made in open market or negotiated transactions at prevailing prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108134/000110465926057108/0001104659-26-057108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108134/000110465926057108/tm2613943d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-057108

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