Key facts
- This page summarizes Jeff Welday's Form 4 filing for Beneficient (BENF).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 24 Feb 2025, 18:31.
Jeff Welday - 20 Feb 2025 Form 4 Insider Report for Beneficient (BENF)
- Reporting relationship
- Global Head of Organizations and Distribution
- Issuer ticker
- BENF
- Reported as of
- 20 Feb 2025
- Net transaction value
- -$531
- SEC form
- 4
- Accepted by SEC
- 24 Feb 2025, 18:31:11 UTC
- Prior SEC filing
- 19 Feb 2025
- Next SEC filing
- 27 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ David B. Rost Attorney-in-fact for Jeff Welday
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeff Welday filed Form 4 for Beneficient (BENF) on 24 Feb 2025.
Change
- Previous filing in this sequence was filed on 19 Feb 2025.
- Current net transaction value: -$531.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
[BENF
transaction
Class A Common Stock
Sale
- Transaction value
- $91.8
- Shares
- -204
- Change %
- -0.14%
- Price
- $0.4500
- Shares after
- 143,291
- Date
- 20 Feb 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4, F5, F6, F7, F8, F9, F10
[BENF
transaction
Class A Common Stock
Sale
- Transaction value
- $209
- Shares
- -476
- Change %
- -0.33%
- Price
- $0.4400
- Shares after
- 142,815
- Date
- 21 Feb 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4, F5, F6, F7, F8, F9, F10
[BENF
transaction
Class A Common Stock
Sale
- Transaction value
- $230
- Shares
- -548
- Change %
- -0.38%
- Price
- $0.4200
- Shares after
- 142,267
- Date
- 24 Feb 2025
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4, F5, F6, F7, F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Shares sold to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs").
Footnote F2
Includes 61,592 shares of Class A common stock, par value $0.001 per share (the "Class A common stock"), of Beneficient (the "Issuer") issuable upon the settlement of an award of 61,592 RSUs granted pursuant to the Beneficient 2023 Equity Incentive Plan ("2023 Equity Incentive Plan") to Jeff Welday (the "Reporting Person") on January 14, 2025. Such award of RSUs to the Reporting Person fully vested on the date of grant.
Footnote F3
Includes 58,249 shares of Class A common stock issuable upon the settlement of an award of 58,249 RSUs granted pursuant to the 2023 Equity Incentive Plan to the Reporting Person on October 17, 2024. Such award of RSUs to the Reporting Person fully vested on the date of grant.
Footnote F4
Includes 98,919 shares of Class A common stock issuable upon the settlement of an award of 98,919 RSUs granted pursuant to the 2023 Equity Incentive Plan to the Reporting Person on August 22, 2024. Such award of RSUs to the Reporting Person fully vested on the date of grant.
Footnote F5
Includes 354 shares of Class A common stock issuable upon the settlement of an award of 28,320 RSUs granted pursuant to 2023 Equity Incentive Plan to the Reporting Person on July 15, 2023. Such award of RSUs to the Reporting Person vested 20% on September 1, 2023, and the remaining 80% in four equal annual installments on September 1st of each subsequent calendar year.
Footnote F6
Includes 2,196 shares of Class A common stock of the Issuer issuable upon the settlement of an award of 140,490 restricted equity units ("REUs") granted pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan") to the Reporting Person on January 1, 2020. Such award of REUs to the Reporting Person vested 20% on the date of grant, and the remaining 80% in four equal annual installments on June 3rd of each subsequent calendar year.
Footnote F7
Includes 113 shares of Class A common stock issuable upon settlement of an award of 7,200 REUs to the Reporting Person granted pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year.
Footnote F8
Includes 257 shares of Class A common stock of the Issuer issuable upon the settlement of an award of 20,560 RSUs granted pursuant to 2023 Equity Incentive Plan to the Reporting Person on July 15, 2023. Such award of RSUs to the Reporting Person fully vested on September 1, 2023.
Footnote F9
Includes 998 shares of Class A common stock issuable upon the settlement of an award of 998 RSUs granted pursuant to 2023 Equity Incentive Plan to the Reporting Person on August 22, 2024. Such award of RSUs to the Reporting Person fully vested on the date of grant.
Footnote F10
Includes 1,670 shares of Class A common stock issuable upon the settlement of an award of 1,670 RSUs granted pursuant to the 2023 Equity Incentive Plan to the Reporting Person on January 16, 2025. Such award of RSUs to the Reporting Person fully vested on the date of grant.
SEC remarks
Global Head of Organizations and Distribution