Form 4 for BENF Beneficient
Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0000950170-24-018856 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-02-22 | 2024-02-20+ | BENF | CANGANY PETER T JR | Dir | P - Purchase | $0.255 | +400.0K | 200.0K | New | +$102.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-02-21 | P | A | 200,000 | $0.25 | 200,000 | I By Cangany Capital Management, LLC | — | — | (F2) These shares of Class A common stock of the Issuer are directly held by Cangany Capital Management, LLC, a limited liability company controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own securities of the Issuer held by such limited liability company. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose. |
| 2 | Common | Class A Common Stock | 2024-02-20 | P | A | 200,000 | $0.26 | 200,000 | I By The Cangany Group, LLC | — | — | (F1) These shares of Class A common stock, par value $0.001 ("Class A common stock"), of Beneficient (the "Issuer") are directly held by The Cangany Group, LLC, a limited liability company controlled by Peter T. Cangany, Jr. (the "Reporting Person"). The Reporting Person may be deemed to beneficially own securities of the Issuer held by such limited liability company. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. |