Director Patrick J. Donegan filed a Form 4 with the SEC on October 29, 2026, reporting three separate acquisitions of Class A common stock of Beneficient (NASDAQ:BENF) through restricted stock unit awards granted on September 18 and September 30, 2026.

Key Highlights

  • Three RSU awards reported: Donegan received grants of 30,660, 61,321, and 23,897 RSUs on September 18, September 18, and September 30, 2026, respectively, all under the Beneficient 2023 Equity Incentive Plan.
  • All awards fully vested on date of grant: Each of the three reported RSU grants vested immediately on the date it was granted, according to the filing.
  • Zero acquisition price: All three transactions were recorded at a price of $0 per share.
  • Prior service compensation: The 61,321-RSU grant was described as being "in satisfaction of the Reporting Person's prior service compensation for the period from October 1, 2025 through March 31, 2026."
  • Resulting beneficial ownership: Following all reported transactions, Donegan beneficially owned 133,154 shares of Class A common stock directly, according to the filing.
  • Earlier RSU award included in total: The filing notes that the beneficial ownership figure includes 17,276 shares issuable upon settlement of RSUs granted on September 30, 2024, which vested in four equal quarterly installments over one year.

Donegan's September 2026 RSU Grants at Beneficient: Transaction Details

According to the Form 4 filed on October 29, 2026, Patrick J. Donegan, a director of Beneficient (NASDAQ:BENF), reported three acquisitions of Class A common stock, par value $0.001, all through awards of restricted stock units granted under the company's 2023 Equity Incentive Plan. The earliest transaction date in the filing is September 18, 2026.

The first grant, consisting of 30,660 RSUs, was made on September 18, 2026, and fully vested on the date of grant. The second grant on the same date comprised 61,321 RSUs, also fully vesting immediately; the filing states this grant was made "in satisfaction of the Reporting Person's prior service compensation for the period from October 1, 2025 through March 31, 2026." A third grant of 23,897 RSUs was made on September 30, 2026, and likewise fully vested on the date of grant. All three grants carried an acquisition price of $0.

Following these transactions, the filing reports that Donegan directly beneficially owned 133,154 shares of Class A common stock. The filing notes this total includes 17,276 shares issuable upon settlement of RSUs granted on September 30, 2024, which vested in four equal installments on the last day of each calendar quarter over a one-year period from the date of that earlier grant. The Form 4 was signed by David B. Rost as attorney-in-fact for Patrick J. Donegan.

What Was Disclosed

Beneficient director Patrick J. Donegan disclosed three RSU grants totaling 115,878 units under the 2023 Equity Incentive Plan, all vesting immediately on grant date at $0 per share, resulting in direct beneficial ownership of 133,154 Class A shares.