Where can I find information regarding security ownership of certain beneficial owners and management related to Benihana?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
| Page | |
|---|---|
| PART | |
| III | |
| Item | 41 |
| 10. Directors, Executive Officers and Corporate Governance | |
| Item | 41 |
| 11. Executive Compensation | |
| Item | |
| 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder | |
| Matters | 41 |
| Item | 41 |
| 13. Certain Relationships and Related Transactions, and Director Independence | |
| Item | 41 |
| 14. Principal Accounting Fees and Services |
| Page | |
|---|---|
| PART | |
| III | |
| Item | 42 |
| 10. Directors, Executive Officers and Corporate Governance | |
| Item | 42 |
| 11. Executive Compensation | |
| Item | |
| 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder | |
| Matters | 42 |
| Item | 42 |
| 13. Certain Relationships and Related Transactions, and Director Independence | |
| Item | 42 |
| 14. Principal Accounting Fees and Services |
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, information regarding the security ownership of certain beneficial owners and management can be found in Item 12. Specifically, the table of contents in Item 22 references Item 12, titled "Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters," and indicates that this information is located on page 41 or 42, depending on which exhibit is referenced.
For a prospective Benihana franchisee, this means that details about who owns the company's stock and the relationships between management and stockholders are available in Item 12. This section provides transparency into the ownership structure of Benihana, which can be crucial for understanding potential influences on the company's decisions and long-term stability.
It is important for potential franchisees to review this information carefully to assess the alignment of interests between the management, owners, and franchisees. Understanding the ownership and management structure can help in evaluating the overall risk and potential rewards of investing in a Benihana franchise.