Key facts
- This page summarizes Thomas O Hicks's Form 4 filing for Beneficient (BENF).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 28 Aug 2024, 16:05.
Thomas O Hicks - 27 Aug 2024 Form 4 Insider Report for Beneficient (BENF)
- Reporting relationship
- Director
- Issuer ticker
- BENF
- Reported as of
- 27 Aug 2024
- Net transaction value
- +$197,000
- SEC form
- 4
- Accepted by SEC
- 28 Aug 2024, 16:05:18 UTC
- Prior SEC filing
- 11 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ David B. Rost Attorney-in-fact for Thomas O. Hicks
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Thomas O Hicks filed Form 4 for Beneficient (BENF) on 28 Aug 2024.
Change
- Previous filing in this sequence was filed on 11 Jun 2024.
- Current net transaction value: +$197,000.
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
Award
- Transaction value
- $98,500
- Shares
- +50,000
- Change %
- +2527%
- Price
- $1.97
- Shares after
- 51,979
- Date
- 27 Aug 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
BENF
transaction
Class A Common Stock
Award
- Transaction value
- $98,500
- Shares
- +50,000
- Change %
- Price
- $1.97
- Shares after
- 50,000
- Date
- 27 Aug 2024
- Ownership
- CFH Ventures, Ltd.
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Includes 643 shares of Class A common stock, par value $0.001 ("Class A common stock"), of Beneficient (the "Issuer") issuable upon the settlement of an award of 51,440 restricted stock units ("RSUs") granted pursuant to Beneficient 2023 Equity Incentive Plan to Thomas O. Hicks (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 F2
Includes 1,563 shares of Class A common stock issuable upon the settlement of an award of 75,000 restricted equity units ("REUs") granted to the Reporting Person pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan"). Such award of REUs to the Reporting Person fully vested on the date of grant, April 25, 2019.
Footnote F3
Includes 188 shares of Class A common stock issuable upon settlement of an award of 12,000 REUs granted to the Reporting Person 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 F4
These shares of Class A common stock are directly held by CFH Ventures, Ltd., a limited liability partnership controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own securities of the Issuer held by such limited liability partnership. 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, or for any other purpose.