---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-013672"
form_type: "8-K"
ticker: "BENF"
cik: "0001775734"
company_name: "Beneficient"
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:25:16.103607+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Stockholders approve LTIP amendment increasing share reserve by 1M shares plus 15% of outstanding

## Summary
- Amendment adds 1,000,000 shares plus 15% of outstanding shares to the 2023 LTIP pool.
- Quarterly adjustment caps total available shares at lesser of 200M shares or 1M + 15% of outstanding.
- Directors Peter T. Cangany, Patrick J. Donegan, Karen J. Wendel reelected to 2027 meeting.
- Ratification of Weaver and Tidwell as independent auditor for fiscal year ending March 31, 2026.
- Approximately 91.7% of total voting power represented at March 27, 2026 annual meeting.

## SEC filing metadata
- accession: 0001493152-26-013672
- form_type: 8-K
- ticker: BENF
- cik: 0001775734
- company_name: Beneficient
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775734/000149315226013672/0001493152-26-013672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775734/000149315226013672/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-013672
- JSON: https://secwatch.observer/filing/0001493152-26-013672.json
- Plain text: https://secwatch.observer/filing/0001493152-26-013672.txt

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