Beneficient (BENF) Director Peter Cangany Receives RSU Awards

What Happened

• Peter T. Cangany Jr., a director of Beneficient (BENF), was granted and acquired two RSU awards on September 18, 2026: 32,960 RSUs and 247,642 RSUs, for a total of 280,602 RSUs. Both awards were reported with an acquisition price of $0.00 and fully vested on the date of grant. The larger 247,642-RSU award was granted as compensation for prior service (Jan 1, 2025 – Mar 31, 2026).

Key Details

• Transaction date: September 18, 2026; Form 4 filed September 22, 2026 (filed within the standard two business‑day reporting window).
• Price: $0.00 per share (award/grant, transaction code A).
• Shares added: 280,602 RSUs issuable upon settlement (vested immediately).
• Shares owned after transaction: The filing excerpt lists the newly issuable RSUs and several smaller outstanding awards (80, 97, 23 RSUs/REUs); total directly held or beneficial shares (including those held via Cangany-controlled LLCs) are not specified in the provided excerpt.
• Notable footnotes: awards granted under the 2023 Equity Incentive Plan; some shares/units referenced are held or issuable via affiliated entities (Cangany Capital Management, LLC and The Cangany Group, LLC), with standard disclaimers of beneficial ownership in the filing.

Context

• These were equity awards (RSUs), not open-market purchases or sales. RSUs represent a right to receive shares upon settlement; because these awards fully vested on grant and involved no cash outlay, they are compensatory in nature rather than a direct market buy signal.
• The filing does not indicate any immediate sale of shares received. Footnotes clarify prior grants and entity-held shares; such holdings via controlled LLCs are disclosed but the reporting person disclaims beneficial ownership beyond pecuniary interest.