BBT 424B5: Secondary offering

Filed with the SEC on · accession 0001104659-26-097606

BBT filed a 424B5 (prospectus (offering)) with the SEC on Aug 17, 2026. Beacon Financial Corporation is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The stock moved +1.7% by the first close after the filing.

Summary of the filing

Beacon Financial Corporation is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The notes will be subordinated and unsecured, with proceeds to be used for general corporate purposes.

Key details

aggregate principal amount of notes offered$0
interest rate (fixed period)$0
spread over benchmark (floating period)$0
IssuerBeacon Financial Corporation
Joint book-running managerKeefe, Bruyette & Woods
Joint book-running managerPiper Sandler & Co.
Joint book-running managerStifel

How BBT stock reacted

Close before

$32.07

Aug 14, 2026

First close after

+1.68%

$32.61

5 trading days

-1.31%

$31.65

Since filing

-4.58%

$30.60

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Frequently asked questions

What did BBT file with the SEC on Aug 17, 2026?

BBT filed a 424B5 (Secondary offering). Beacon Financial Corporation is offering fixed-to-floating rate subordinated notes due 2036 in an underwritten public offering. The notes will be subordinated and unsecured, with proceeds to be used for general corporate purposes.

What does a secondary offering mean for BBT stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did BBT stock react to this filing?

BBT closed at $32.07 before the filing and $32.61 on Aug 17, 2026 (+1.68%). Five trading days later: $31.65 (-1.31%).

Other BBT SEC filings

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