Beneficient

BENFCIK 0001775734 · Every Form 4 filed by insiders at this issuer. See financials →

Annual report (10-K)

Latest 10-K filed Sep 29, 2025. Sentiment + YoY language diff vs prior year. Read sections →

Signal:Mild negative shiftFull-doc fallback

Full filing:tone -0.0154Δ-0.002090% similar+1207/-1078 ¶

Sentiment via Loughran-McDonald lexicon · YoY diff via Jaccard similarity + paragraph set difference.

Recent 8-K announcements

Per-item disclosure feed. Item 2.02 is the earnings release.

Apr 10, 20263.02 · Unregistered Sales3.03 · Material Modification to Rights5.03 · Amendments to Articles7.01 · Regulation FD Disclosure9.01 · Financial Statements and Exhibits Mar 30, 20265.02 · Departure/Election5.07 · Submission9.01 · Financial Statements and Exhibits Mar 12, 2026no items parsed Feb 17, 2026no items parsed Jan 21, 2026no items parsed

YoY shift: Lean -

Year-over-year tone shift - average net-tone change across Risk Factors and MD&A vs the prior 10-K. This filing is -0.20pp more bearish than last year's.

Why YoY instead of absolute: the LM lexicon has ~6.6× more negative words than positive (legal/risk-disclosure language is heavy on hedging), so every 10-K reads bearish on raw tone. Year-over-year change strips that bias and surfaces the actual shift in management's framing.

Per-snippet highlights

Sentence-level sentiment highlighting with category and subcategory filters is coming once the snippet-scoring pipeline lands. For now, dig into the actual section text on the Sections tab.

Top insiders

Most active reporters at Beneficient

Name	Roles	Filings
Rutledge Maria S.	Officer	2
Schnitzer Bruce William	Director	2
Donegan Patrick J.	Director	1
Ezell Gregory W.	Officer	1
Fletcher Derek L.	OfficerDirector	1

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Top performers

Insiders ranked by realized 90-day signed return on their open-market trades at Beneficient. Minimum 3 scored trades. Returns are signed - a sale followed by a rally counts against the insider.

#	Insider	Trades	Win rate	Avg	Median	Best	Worst
1	Gwg Wind Down Trust	14	100%	+53.6%	+56.2%	+67.3%	+38.0%
2	Welday Jeff	50	98%	+45.7%	+49.7%	+63.6%	-2.6%
3	Cangany Peter T Jr	9	0%	-57.9%	-51.9%	-46.3%	-82.8%

All filings

58 Form 4 / 4-A filings, newest first

Filed	Insider	Top transaction	Shares	Price	Value
Dec 9, 2025	Schnitzer Bruce William Director	AGrant	931,837	$0.00	$0
Dec 9, 2025	Cangany Peter T Jr Director	AGrant	635,690	$0.00	$0
Jul 23, 2025	Welday Jeff See Remarks	AGrant	30,687	$0.00	$0
Apr 25, 2025	Welday Jeff See Remarks	AGrant	1,670	$0.00	$0
Mar 4, 2025	Welday Jeff See Remarks	SSale	941	$0.34	$320

Showing 1-5 of 58

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Real-time Form 4 intelligence. Smarter insider tracking.

Filed		Top transaction	Shares	Price	Value