Beneficient: director Karen Wendel received 25,689 shares

What happened

• Karen Wendel, a director of Beneficient, received an award of 25,689 restricted stock units (RSUs) on Sep 30, 2026. The filing shows an acquisition of 25,689 shares at $0, for a total of $0. The RSUs fully vested on the date of grant.

Key details

• Transaction date and price: Sep 30, 2026; acquisition at $0 per share.
• Filing date: Oct 21, 2026 (filed more than two business days after the Sep 30, 2026 transaction).
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes from the filing:
  • F1: The 25,689 shares are Class A common stock issuable upon settlement of the RSU award granted Sep 30, 2026; the award fully vested on grant.
  • F2: Includes 32,960 Class A shares issuable from RSUs granted Sep 18, 2026 that fully vested on grant.
  • F3: Includes 25,914 Class A shares issuable from RSUs granted Nov 21, 2024 that vested in four equal quarterly installments over one year.
  • F4: Includes 44,016 Class A shares issuable from RSUs granted Sep 18, 2026 in satisfaction of prior service compensation; those RSUs fully vested on grant.

Why it may matter

• This was an award of RSUs that vested on grant; it was not a market purchase or sale.
• This filing does not show why the insider traded or why the company acted.