---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-062196"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:44:20.763739+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Beneficient director Richard W. Fisher retires; stays on as consultant

## Summary
- Richard W. Fisher retired from the Board effective March 15, 2024, citing other commitments, not a disagreement.
- Mr. Fisher will remain as a consultant to the Company following his retirement.
- Consulting compensation: $50,000 per year, paid in shares of Class A common stock.

## SEC filing metadata
- accession: 0001193125-24-062196
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000119312524062196/0001193125-24-062196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000119312524062196/d809779d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-062196
- JSON: https://secwatch.observer/filing/0001193125-24-062196.json
- Plain text: https://secwatch.observer/filing/0001193125-24-062196.txt

## Key facts
- Executive change
  Richard W. Fisher retired as member of the Board of Directors at Beneficient.
  - Action: retired
  - Role: member of the Board of Directors
  source text: On March 1, 2024, Richard W. Fisher retired as a member of the Board of Directors (the “Board”) of Beneficient (the “Company”) effective March 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1775734/000119312524062196/0001193125-24-062196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.