CoinShares Co-Founder and Non-Executive Director Daniel Masters Adopts Pre-Scheduled Trading Plan

Daniel Masters, Co-Founder and Non-Executive Director of CoinShares, has adopted a Rule 10b5-1 trading plan to sell up to 4.78 million shares (3.6% of outstanding shares) through September 2026 to November 2027. The majority of sales (3.28 million shares) complete a 2023-2024 financing arrangement, while 1.5 million shares represent personal diversification. An additional 11 million shares are subject to limit orders at prices between $10-$20. Masters will retain approximately 15.3% ownership after all planned sales, remaining a significant shareholder.