BENF Beneficient Insider Trading

Director CANGANY PETER T JR bought 25,000 shares at $0.95 on 2024-11-22; stock down -97.9% from 52-week high.

Director CANGANY PETER T JR purchased 25,000 shares at $0.95, expanding his stake to 325,000 shares (+8.3% vs pre-transaction holdings). This buy occurs amid severe price deterioration: the stock trades at $8.16 against a 52-week high of $390.02, representing a -97.9% decline from peak, with 30-day and 90-day losses of -17.7% and -46.3% respectively. Notably, CANGANY has a strong track record at this same ticker: his prior 3 measurable buys at BENF all yielded positive 90-day returns (ranging from +234.8% to +476.6%), and he was well-timed on 100% of those trades. However, context is critical: the company reported full-year unprofitability despite posting $9.7M net income in the latest quarter and $8.6M quarterly revenue, and the stock has cratered in the current environment. The purchase at $0.95 follows two buys three days prior (2024-11-19) at the same ticker, suggesting continued accumulation despite downward momentum.

Director Peter Cangany buys 75,000 shares (75.0K) at blended $0.93, tripling holdings to 100,000 shares after stock dropped 98.3% from $390.02 high

CANGANY PETER T JR purchased 75,000 shares through two separate transactions on 2024-11-19 for $69,500.00 total at a blended average price of $0.93, expanding his holdings from 25,000 to 100,000 shares (+300.0%). The timing of this purchase is striking: the stock trades at $6.59, down 98.3% from its 52-week high of $390.02, and has fallen 36.1% in the past 30 days and 67.3% over 90 days. Across his prior trades at BENF, Cangany has demonstrated strong timing acumen—his 5 prior transactions at this ticker show positive returns at the 90-day measurement point (ranging from +234.8% to +11324.0%), with a 100% win rate at that interval. However, investors should note the company reported full-year net income was negative in its most recent fiscal year, despite the current quarter showing $9.7M net income; this backdrop of fundamental weakness combined with the stock's massive drawdown from $390 to current levels creates material uncertainty about whether prior timing success will repeat.

CTO Maria S. Rutledge purchases 900 shares at $1.11; stock now $10.08, down 99.4% from 52-week high of $1766.40.

Maria S. Rutledge, Chief Technology Officer, purchased 900 shares of Beneficient (BENF) at $1.11 on 2024-09-20, increasing her holdings from 1,640 to 2,540 shares (+54.9% increase in personal position). The purchase occurred at a price substantially below the current market price of $10.08. The stock's 52-week range of $8.88–$1766.40 reveals extreme volatility and a 99.4% decline from its peak, suggesting severe structural challenges or prior valuation disconnect. Notably, the company reported a latest-quarter revenue of $10,046,000.00 alongside net income of $44,310,000.00, yet was unprofitable over the most recent full fiscal year, with annual revenue declining 5.9% year-over-year. The CTO's transaction signal must be contextualized against this backdrop of volatility, fundamental deterioration, and the stock's 30-day and 90-day declines of 19.2% and 43.2%, respectively, raising questions about the stability and near-term direction of the business fundamentals underlying this purchase.

10% Owner GWG Wind Down Trust sold 586.2K shares (586,214) in 2 transactions for $1,591,697.48, reducing stake by 52.2%.

GWG Wind Down Trust, a substantial 10% shareholder, executed 2 separate sales totaling 586,214 shares for $1,591,697.48 at an average of $2.72 per share on 2024-09-06 and 2024-09-09, reducing its holdings from 1,122,689 shares to 536,475 shares. This represents a 52.2% reduction in the trust's position, and occurs in a context of severe stock deterioration: the company is down 99.3% from its 52-week high of $2080.00, down 21.8% over 30 days, and down 51.9% over 90 days. The company also reported negative net income on its most recent full fiscal year and year-over-year revenue decline of 5.9%, signaling fundamental deterioration concurrent with the share liquidation. With prior same-ticker sales also logged on 2024-08-21 and 2024-08-22, a pattern of rapid position reduction is evident.

BENF director Cangany acquires 30,000 shares in 2 purchases at $1.97; holdings triple to 50.0K shares; prior same-ticker buys showed +18152.8% and +17598.5% 30-day returns.

Director Peter T. Cangany Jr. executed 2 separate purchases totaling 30,000 shares for $59,100.00 on 2024-08-27, tripling his holdings from 20,000 to 50,000 shares at a blended average price of $1.97. This follows a pattern of recent accumulation: Cangany purchased shares on 2024-08-20 and 2024-08-19, and in February 2024 his same-ticker buys at BENF generated 30-day returns of +18152.8% and +17598.5%. The current stock price of $12.48 represents a -99.4% decline from the 52-week high of $2080.00 and a -52.7% decline over 30 days, suggesting material recent deterioration in valuation. His prior two measurable same-ticker purchases at BENF both exhibited strong positive outcomes within 30 and 90 days, establishing a historical pattern at this specific ticker.

GWG Wind Down Trust sold 546,008 shares (32.5% of holdings) at $2.35–$2.81; stock now trades at $16.96, down 99.2% from 52-week high of $2080.00.

GWG Wind Down Trust, the company's 10% owner, executed 2 separate sales totaling 546,008 shares for $1,533,967.38 across August 21–22, reducing its stake by 32.5% from 1.68M to 1.13M shares. The blended transaction price of $2.81 reflects a massive gap relative to the 52-week high of $2080.00, indicating extreme price deterioration—the stock is now 99.2% below its peak. Compounding the signal, BENF shows -42.2% decline over 30 days and -32.7% over 90 days, while the company faces negative full-year net income and a -5.9% annual revenue decline. A major shareholder's liquidation of one-third of its position during a period of acute stock collapse and deteriorating fundamentals merits investor scrutiny, particularly given the stock's extraordinary fall from $2080 to current levels.

Director CANGANY PETER T JR acquired 27,500 shares at blended $2.28, doubling stake to 50,000 shares; stock down 99.1% from $2080.00 high.

Director CANGANY PETER T JR completed 2 separate purchases totaling 27,500 shares for $62,655.02 on August 19–20, 2024, raising his holdings from 22,500 to 50,000 shares (a +122.2% increase). The transactions occurred at $2.28 blended average, while the stock currently trades at $18.51—but this masks a severe trajectory: the security has collapsed 99.1% from its 52-week high of $2080.00 and declined 42.4% in the prior 30 days alone. Notably, the insider's 2 prior trades at this same ticker (February 2024) both achieved exceptional 90-day returns of +18152.8% and +11324.0%, demonstrating a strong historical pattern of timing entry points before major recoveries. The company's latest quarter shows mixed metrics (revenue $10,046,000.00 with net income of $44,310,000.00) yet the full-year results are negative, and annual revenue declined 5.9%, creating fundamental headwinds alongside the dramatic price action. This purchase, following the same ticker's prior well-timed entries, represents a material commitment during a period of extreme volatility and negative momentum.