[8-K] Grayscale Bitcoin Cash Trust (BCH) Reports Material Event
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Grayscale Bitcoin Cash Trust (BCH), through its sponsor Grayscale Investments Sponsors, LLC, announced leadership changes in its finance function. Effective July 2, 2026, Kathryn Masci and Daniel Plourde, both Senior Vice Presidents of Finance, were appointed interim Co-Chief Financial Officers of the sponsor.
Masci was also appointed to the sponsor’s Board of Managers and will serve as the registrant’s Principal Financial and Accounting Officer. They succeed Edward McGee, who is stepping down after about seven years for personal reasons, which are stated as unrelated to the company’s operations, policies, or practices.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date of appointments: July 2, 2026
Edward McGee tenure: 7 years
Masci Grayscale start date: May 2020
+2 more
5 metrics
Effective date of appointments
July 2, 2026
Interim Co-Chief Financial Officers and Principal Financial and Accounting Officer roles
Edward McGee tenure
7 years
Length of service before stepping down from CFO and related roles
Masci Grayscale start date
May 2020
Masci has been with Grayscale since this date
Plourde Grayscale start date
September 2022
Plourde joined Grayscale as Vice President
Masci prior role start
July 2019
Began as Assistant Controller at Garrison Capital Inc.
Key Terms
Principal Financial and Accounting Officer, Board of Managers, Certified Public Accountant, Assistant Treasurer, +1 more
5 terms
Principal Financial and Accounting Officer financial
"Ms. Masci will also serve as Principal Financial and Accounting Officer of the registrant"
Board of Managers financial
"the appointment of Ms. Masci as a member of the Board of Managers of Grayscale Investments Sponsors, LLC"
Certified Public Accountant financial
"Ms. Masci is a Certified Public Accountant licensed in the state of New York"
A certified public accountant (CPA) is a licensed accounting professional who has passed rigorous exams and met education and experience requirements to prepare, review, and officially certify financial statements and tax filings. For investors, a CPA's involvement is like a neutral referee confirming that a company's reported numbers are accurate and follow accounting rules, which improves trust in financial reports and lowers the risk of unexpected errors or misleading information.
Assistant Treasurer financial
"and has served as Assistant Treasurer of the Grayscale Funds Trust since 2025"
Senior Vice President, Finance financial
"Kathryn Masci, Senior Vice President, Finance, and Daniel Plourde, Senior Vice President, Finance, to serve as Co-Chief Financial Officers"
FAQ
What leadership change did Grayscale Bitcoin Cash Trust (BCHG) disclose?
Grayscale Bitcoin Cash Trust disclosed that its sponsor appointed Kathryn Masci and Daniel Plourde as interim Co-Chief Financial Officers effective July 2, 2026. Masci will also serve as Principal Financial and Accounting Officer of the trust, replacing long-serving finance leader Edward McGee.
Who is the new Principal Financial and Accounting Officer for BCHG?
Kathryn Masci is the new Principal Financial and Accounting Officer for Grayscale Bitcoin Cash Trust, effective July 2, 2026. She is also interim Co-Chief Financial Officer and a member of the sponsor’s Board of Managers, bringing prior experience in finance, accounting, and public company reporting.
Why is Edward McGee leaving his role at Grayscale Bitcoin Cash Trust (BCHG)?
Edward McGee is stepping down as Chief Financial Officer, Principal Financial and Accounting Officer, and Board member of the sponsor for personal reasons. The disclosure states his departure is not due to any disagreement with the company’s operations, policies, or practices and notes seven years of service.
What is Kathryn Masci’s background before becoming interim Co-CFO at BCHG’s sponsor?
Before becoming interim Co-CFO, Kathryn Masci served as Senior Vice President of Finance at Grayscale and previously held finance and accounting roles there. Her earlier experience includes positions at Garrison Capital, Pzena Investment Management, and Ernst & Young. She holds accounting degrees from Binghamton University and is a CPA.
What experience does Daniel Plourde bring to the interim Co-CFO role for BCHG’s sponsor?
Daniel Plourde has over 20 years of financial services experience, including senior roles in treasury, fund administration, and financial planning. He joined Grayscale in 2022, became Senior Vice President of Finance in 2026, and also serves as Assistant Treasurer of the Grayscale Funds Trust.
When do the new interim Co-CFO appointments for BCHG’s sponsor take effect?
The appointments of Kathryn Masci and Daniel Plourde as interim Co-Chief Financial Officers of Grayscale Investments Sponsors, LLC take effect on July 2, 2026. On the same date, Masci becomes Principal Financial and Accounting Officer of Grayscale Bitcoin Cash Trust and joins the sponsor’s Board of Managers.