David Rost
About David Rost
David B. Rost serves as Beneficient’s General Counsel and is designated as a proxy agent and contact for revoking proxies in company proxy statements, reflecting his leadership of legal, governance, and Section 16 compliance functions . He has executed company agreements as General Counsel (e.g., first‑lien credit extensions) and is frequently listed as attorney‑in‑fact on insider Form 4 filings, underscoring his role in corporate legal operations and securities compliance .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Beneficient (BENF) | General Counsel | 2025 | Legal lead, proxy agent, and signatory on financing extensions and proxy processes |
| Beneficient (BENF) | Attorney‑in‑fact for insiders’ Form 4 filings | 2024–2025 | Executed Section 16 filings for directors/executives, supporting compliance operations |
External Roles
Company filings reviewed (DEF 14A 3/21/2025; DEF 14A 11/6/2025; 10‑K 9/29/2025) do not include a biography listing external board roles for David Rost .
Fixed Compensation
| Component | FY 2024 | FY 2023 |
|---|---|---|
| Base Salary ($) | Not disclosed (not a named executive officer) | Not disclosed (not a named executive officer) |
| Target Bonus (%) | Not disclosed | Not disclosed |
| Actual Bonus Paid ($) | Not disclosed | Not disclosed |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for David Rost in company filings | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial ownership | David Rost is not listed among officers/directors or 5% holders in disclosed beneficial ownership tables for the periods reviewed . |
| Vested vs. unvested shares | Not disclosed . |
| Options (exercisable/unexercisable) | Not disclosed . |
| Shares pledged as collateral | No pledging disclosure specific to Rost; company’s insider trading policy prohibits hedging/monetization, supporting alignment, but pledging is not explicitly addressed in the excerpt . |
| Ownership guidelines and compliance | No executive‑specific ownership guideline disclosure for Rost; not a named executive officer . |
| Insider transactions under his name | None identified; Rost signed multiple Form 4s as attorney‑in‑fact for insiders, indicating a compliance role rather than personal trading activity . |
Employment Terms
- Role/tenure: General Counsel role is clearly evidenced by proxy instructions and agreement execution; employment agreement terms for Rost are not disclosed in 8‑K 5.02 filings or DEF 14A .
- Severance/change‑of‑control: Not disclosed for Rost; company‑level clawback policy applies to incentive compensation recovery for misconduct/restatements .
- Non‑compete/non‑solicit/garden leave: Not disclosed for Rost .
- Clawback policy: Company policy permits recovery of incentive compensation upon restatement or significant misconduct causing financial/reputational harm .
Investment Implications
- Alignment and retention: Rost’s General Counsel role is prominent (proxy agent, signatory on financing and Section 16 attorney‑in‑fact), but absent disclosures on his personal compensation and equity ownership limit direct pay‑for‑performance and “skin‑in‑the‑game” assessment; insider policy prohibiting hedging supports general alignment .
- Trading signals: No Form 4s under Rost’s name and multiple filings he signs as attorney‑in‑fact for others indicate a compliance function rather than selling pressure from his own holdings .
- Data gaps: As Rost is not a named executive officer and not listed in beneficial ownership tables, investor‑grade analysis of his individual compensation, severance/CIC economics, and equity alignment is constrained without additional filings; monitor future proxies and any Item 5.02 updates for contract terms or equity grants .