---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-005142"
form_type: "8-K"
ticker: "BBT"
cik: "0001108134"
company_name: "Beacon Financial Corp"
filed_at: "2026-08-03T12:30:17+00:00"
generated_at: "2026-08-03T12:35:32.936652+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Beacon Financial names John B. Eagan General Counsel; adopts Good Leaver Policy for retirement equity treatment

## Summary
- Wm. Gordon Prescott retired as General Counsel and Corporate Secretary effective July 31, 2026, after more than 18 years of service.
- John B. Eagan appointed as General Counsel and Corporate Secretary effective August 1, 2026; he previously served as Deputy General Counsel.
- Board adopted a Good Leaver Policy allowing continued vesting of time- and performance-based equity awards upon retirement for eligible employees.
- Eligibility requires age plus years of service >=65 and at least 5 years continuous service; Committee may grant exceptions.
- Policy requires participants to sign a release of claims and agree to non-competition, non-solicitation, and confidentiality covenants.

## SEC filing metadata
- accession: 0001171843-26-005142
- form_type: 8-K
- ticker: BBT
- cik: 0001108134
- company_name: Beacon Financial Corp
- filed_at: 2026-08-03T12:30:17+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108134/000117184326005142/0001171843-26-005142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108134/000117184326005142/f8k_080126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-005142
- JSON: https://secwatch.observer/filing/0001171843-26-005142.json
- Plain text: https://secwatch.observer/filing/0001171843-26-005142.txt

## Key facts
- Executive change
  Wm. Gordon Prescott retired as General Counsel and Corporate Secretary at Beacon Financial Corp.
  - Action: retired
  - Role: General Counsel and Corporate Secretary
  source text: the retirement of Wm. Gordon Prescott as General Counsel and Corporate Secretary effective as of July 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000117184326005142/0001171843-26-005142-index.htm
- Executive change
  John B. Eagan was appointed as General Counsel and Corporate Secretary at Beacon Financial Corp.
  - Action: appointed
  - Role: General Counsel and Corporate Secretary
  source text: the appointment of John B. Eagan as General Counsel and Corporate Secretary effective as of August 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108134/000117184326005142/0001171843-26-005142-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.