Nitin Mhatre compensation by year
Beacon Financial Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $835,000 | $835,000 | $567,800 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $905,934 | $886,410 | $0 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $584,542 | $704,970 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $307,905 | $236,570 | $7,975,050 |
| Total | $2,633,381 | $2,662,950 | $8,542,850 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Beacon Financial DEF 14A filed April 2, 2026, accession 0001628280-26-022949, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 24,925 | $618,888 | — |
| PSU | 17,327 | $430,229 | — |
| PSU | 16,882 | $419,180 | — |
| RSU | 11,552 | $286,836 | — |
| RSU | 7,504 | $186,324 | — |
| RSU | 5,539 | $137,533 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Beacon Financial's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
Beacon Financial’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Nitin Mhatre · this page | Former Chief Executive Officer, Berkshire | $8,542,850 |
| James Brown | Former Head of Commercial, Berkshire | $3,066,495 |
| Sean Gray | Chief Operations Officer | $2,819,369 |
| Jacqueline Courtwright | Chief Human Resources Officer | $2,222,199 |
| Gregory Lindenmuth | Former Chief Risk Officer, Berkshire | $2,147,014 |
| Wm. Gordon Prescott | General Counsel | $2,124,666 |
| Brett Brbovic | Former Chief Financial Officer, Berkshire | $1,947,395 |
| Paul Perrault | President and Chief Executive Officer | $1,284,440 |
| Carl Carlson | Chief Financial and Strategy Officer | $568,271 |
The full Beacon Financial compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Beacon Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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