Eagan John Buckley, the General Counsel of Beacon Financial Corp, has reported the sale of 641 shares of the company’s common stock. This transaction, filed on October 26, 2026, is significant as it showcases the ongoing changes in ownership within the financial services sector.
According to the SEC filing, Buckley sold the shares at a price of $30.61 each, resulting in a total transaction value of approximately $19,600. Following this sale, he retains ownership of 7,053 shares, which includes shares of restricted stock granted under the 2025 Beacon Financial Corporation Stock Option and Incentive Plan.
Background
Beacon Financial Corp operates within the savings institutions sector, specifically categorized as not federally chartered. The company is located at 131 Clarendon Street, Boston, MA, and is known for its focus on financial services. The firm has been active in the market, as indicated by its recent filings, including this one on October 26, 2026, and others on September 2 and August 4 of the same year.
What the Filing Says
The filing states, "Eagan John Buckley sold 641 shares of common stock on October 26, 2026, at a price of $30.61 per share." This indicates a direct ownership change for Buckley, who serves as an officer of the company.
Impact
This transaction may affect various stakeholders, including shareholders and potential investors, as it reflects the executive's confidence in the company's future. Changes in stock ownership by executives can influence market perceptions and investor sentiment, particularly in the financial services industry.
What's Next
The filing does not say what happens next.