Patrick, no, the bennelli m4 limited production model does not have a collapsible stock, It's a fixed stock. Sorry but hope this helps.

Patrick, if you are talking about this one budsgunshop.com/product_info.php/products_id/411557851/benelli+m1014+12+ga+limited+production .....it has a Fixed Position Skeletonized Black Synthetic stock. Have a great day!

Patrick, unfortunately the Stock is Fixed Sir. It just takes a swap of the Stock Tube with the 3 - Slot Tube to be able to adjust/collapse. youtube.com/watch?v=0dAGDDknSg4

If you are talking about the M1014 edition? It had a fixed skeletonized stock. thefirearmblog.com/blog/2017/05/15/benelli-release-limited-edition-m1014-shotguns/