Beacon Financial sets CEO Sean Gray’s annual base salary at $1 million

Bitget2026/11/03 13:46

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Beacon Financial signed CEO Sean A. Gray’s employment agreement October 29, 2026, effective September 21, 2026.
Annual base salary is $1 million; target cash bonus and annual equity awards equal 75% and 105% of salary, respectively.
Gray received a $275,000 restricted stock award, vesting in equal tranches on the grant date’s first, second and third anniversaries.
Qualifying terminations trigger twice salary and target bonus in cash, less any accelerated retention bonus, with outstanding equity awards vesting immediately.
Cash severance rises to three times salary and target bonus for qualifying terminations within 24 months following a change in control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beacon Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-007057), on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Beacon Financial sets CEO Sean Gray’s annual base salary at $1 million

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