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[8-K] Grayscale Bitcoin Cash Trust (BCH) Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

  • None.

Negative

  • None.
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.
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.
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"
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0001732409false00017324092026-06-262026-06-26

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 26, 2026

 

 

Grayscale Bitcoin Cash Trust (BCH)

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

000-56308

82-6867376

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

c/o Grayscale Investments Sponsors, LLC

290 Harbor Drive, 4th Floor

 

Stamford, Connecticut

 

06902

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 212 668-1427

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(g) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Grayscale Bitcoin Cash Trust (BCH) Shares

 

BCHG

 

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 2, 2026, Grayscale Investments Sponsors, LLC (together with its affiliates as the context may require, “Grayscale”, or “the Company”), the sponsor of the registrant, announced that Grayscale Operating, LLC, the sole member of Grayscale Investments Sponsors, LLC, has approved the appointment of Kathryn Masci, Senior Vice President, Finance, and Daniel Plourde, Senior Vice President, Finance, to serve as Co-Chief Financial Officers of Grayscale Investments Sponsors, LLC on an interim basis, effective July 2, 2026 and the appointment of Ms. Masci as a member of the Board of Managers of Grayscale Investments Sponsors, LLC. Ms. Masci will also serve as Principal Financial and Accounting Officer of the registrant effective July 2, 2026. Ms. Masci and Mr. Plourde will succeed Edward McGee, the current Chief Financial Officer, Principal Financial and Accounting Officer and member of the Board of Managers of Grayscale Investments Sponsors, LLC, as applicable, who has decided to step down from his position effective July 2, 2026. Mr. McGee is stepping down for personal reasons and not due to any disagreement with the Company or any matter relating to Grayscale’s operations, policies or practices. He leaves the Company on good terms and Grayscale thanks him for his 7 years of service.

Kathryn Masci has served as Senior Vice President of Finance of Grayscale since January 2026 and has been with Grayscale since May 2020. Prior to serving as Senior Vice President of Finance, Ms. Masci held various finance and accounting roles at Grayscale. Prior to joining Grayscale, Ms. Masci served as Assistant Controller at Garrison Capital Inc., a publicly traded business development company, from July 2019 to May 2020. Before joining Garrison Capital, Ms. Masci served as a Senior Financial Reporting Associate at Pzena Investment Management, Inc., a publicly traded investment management firm, where she oversaw financial reporting and accounting policy from October 2016 to July 2019. From July 2014 to October 2016, Ms. Masci worked at Ernst & Young LLP in the Banking & Capital Markets and Professional Practice groups, providing audit and advisory services to financial services clients and supporting the consultation and accounting policy process for financial services audit teams. Ms. Masci earned her Bachelor of Science and Master of Science degrees in Accounting from the School of Management at Binghamton University, State University of New York. Ms. Masci is a Certified Public Accountant licensed in the state of New York.

Daniel Plourde has served as Senior Vice President of Finance of Grayscale since January 2026, after joining the firm as Vice President in September 2022, and has served as Assistant Treasurer of the Grayscale Funds Trust since 2025. Mr. Plourde has over 20 years of financial services experience, including senior roles in treasury, fund administration, and financial planning. Prior to joining Grayscale, Mr. Plourde served as Vice President at Gabelli Asset Management and Vice President of the Gabelli Funds Trusts. Previously, Mr. Plourde served as Vice President at State Street Global Advisors and Assistant Treasurer of the SPDR ETF Trusts. Mr. Plourde earned his Master of Business Administration with a concentration in Accounting from the University of Massachusetts Boston.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Grayscale Investments Sponsors, LLC, as Sponsor of Grayscale Bitcoin Cash Trust (BCH)

 

 

 

 

Date:

July 2, 2026

By:

/s/ Kathryn Masci

 

 

 

Name: Kathryn Masci
Title: Co-Chief Financial Officer (Principal Financial and Accounting Officer)*

 

* The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant.


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.

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