{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-082659","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2026-07-10T20:16:44+00:00","discovered_at":"2026-07-10T20:18:00.251888+00:00","generated_at":"2026-07-10T20:18:04.451143+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Beacon Financial clarifies director removal standard; will propose charter amendment at next annual meeting","bullets":["Directors may be removed with or without cause by majority vote under Delaware law, despite existing charter provision.","Board intends to propose charter amendment at next annual meeting to align with Section 141(k) of DGCL.","Board decided not to call special meeting due to cost; believes it is not in best interest of stockholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-082659","json":"https://secwatch.observer/filing/0001104659-26-082659.json","markdown":"https://secwatch.observer/filing/0001104659-26-082659.md","text":"https://secwatch.observer/filing/0001104659-26-082659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465926082659/0001104659-26-082659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465926082659/tm2619549d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-10T20:18:04.451143+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"}