Teucrium Soybean Fund (CANE) names Brian MacKenzie as Chief Compliance Officer

Rhea-AI Filing Summary

Teucrium Soybean Fund filed a prospectus supplement updating its Prospectus to reflect a change in compliance leadership. Effective May 8, 2026, Christi Powitzky resigned as Chief Compliance Officer of the Sponsor; effective May 11, 2026, Brian T. MacKenzie was appointed Chief Compliance Officer.

The supplement revises risk language to list Mr. MacKenzie among the small group of key personnel the Sponsor relies on and updates the Sponsor "Management" disclosure to describe Mr. MacKenzie's background, responsibilities, and CFTC principal designations of certain individuals and entities.

Insights

Compliance Officer

New CCO joins from institutional compliance roles.

Brian T. MacKenzie assumed the Chief Compliance Officer role on May 11, 2026 and is described as responsible for developing and monitoring compliance processes and AML controls. His background includes roles at PINE Adviser Solutions and Janus Henderson Investors.

Operational reliance on a small leadership group is reiterated; subsequent filings will show if further staffing or delegation reduces single-person dependence.

Regulatory Counsel

Filing clarifies CFTC principal designations and ownership ties.

The supplement identifies individuals and entities as "principals" under CFTC Rule 3.1, noting ownership and capital-contribution bases for those designations, including GFI Group LLC and NMSIC Classic LLC. The Sponsor is listed as a principal of Teucrium Investment Advisors, LLC due to 100% ownership.

These statements restate regulatory status and do not announce new enforcement actions or penalties.

Key Figures

CCO resignation date: May 8, 2026 CCO appointment date: May 11, 2026 Experience: over twenty years +2 more

5 metrics

CCO resignation date May 8, 2026 Christi Powitzky resigned as Chief Compliance Officer of the Sponsor

CCO appointment date May 11, 2026 Brian T. MacKenzie appointed Chief Compliance Officer of the Sponsor

Experience over twenty years Mr. MacKenzie has over twenty years of experience in the investment compliance industry

Age 46 years old Brian T. MacKenzie is 46 years old

Registration File No. File No. 333-263448 Shares previously registered under this registration statement

Key Terms

prospectus supplement, CFTC Rule 3.1, Chief Compliance Officer, AML Compliance Officer

4 terms

prospectus supplement regulatory

"This supplement is to the prospectus (the “Prospectus”) of Teucrium Commodity Trust"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

CFTC Rule 3.1 regulatory

"are “principals,” as that term is defined in CFTC Rule 3.1"

Chief Compliance Officer financial

"Brian T. MacKenzie has been the Chief Compliance Officer and AML Compliance Officer"

The chief compliance officer is the senior executive responsible for making sure a company follows laws, industry rules and its own internal policies, acting like a safety inspector for legal and ethical risks. Investors care because effective compliance reduces the chance of fines, lawsuits, operational disruption and reputational damage, so the officer’s competence and independence can materially affect future profits and risk exposure.

AML Compliance Officer regulatory

"has been the Chief Compliance Officer and AML Compliance Officer of the Sponsor"

Offering Details

base_shelf_indeterminate

Offering

Offering Type base_shelf_indeterminate

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Accepted by SEC EDGAR 05/12/2026 - 07:02 AM Learn about SEC filing dates

FAQ

What change did Teucrium Soybean Fund (CANE) disclose in this prospectus supplement?

The supplement discloses that Christi Powitzky resigned as CCO effective May 8, 2026 and Brian T. MacKenzie became CCO effective May 11, 2026. It updates related sponsor management disclosures accordingly.

Who is the new Chief Compliance Officer for Teucrium Trading, LLC?

Brian T. MacKenzie was appointed Chief Compliance Officer effective May 11, 2026. The supplement summarizes his experience at PINE Adviser Solutions, Janus Henderson Investors, and Brown Brothers Harriman.

Does the supplement change the Fund's reliance on key personnel?

The supplement replaces the Sponsor reliance paragraph and names Mr. Gilbertie, Mr. Harris, Ms. Mullen-Rusin, and Mr. MacKenzie as key individuals whose absence could adversely affect Fund management.

What CFTC designations does the supplement state?

It states Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen-Rusin and Mr. MacKenzie are principals under CFTC Rule 3.1, and identifies GFI Group LLC and NMSIC Classic LLC as principals based on ownership interests.

Filed Pursuant to Rule 424(b)(3)

File No. 333-263448

PROSPECTUS SUPPLEMENT

(To Prospectus dated April 30, 2025, as supplemented)

Teucrium Soybean Fund

This supplement is to the prospectus (the “Prospectus”) of Teucrium Commodity Trust (the “Trust”) dated April 30, 2025, which relates to shares (the “Shares”) issued by Teucrium Soybean Fund (the “Fund”), a series of the Trust. The Shares have previously been registered under the Securities Act of 1933, as amended, on a registration statement bearing File No. 333-263448. Capitalized terms used but not defined herein shall have the meanings assigned to them by the Prospectus. This Prospectus supplement should be read in its entirety and kept together with your Prospectus for future reference.

* * * * *

Effective May 8, 2026, Christi Powitzky resigned as the Chief Compliance Officer of Teucrium Trading, LLC (the “Sponsor”), Sponsor of the Fund.

Effective May 11, 2026, Brian T. MacKenzie was appointed as the Chief Compliance Officer of the Sponsor.

Accordingly, the Prospectus is hereby revised as follows:

The section of the Prospectus titled “The Sponsor is leanly staffed and relies heavily on key personnel to manage trading activities” is hereby deleted and replaced with the following:

The Sponsor is leanly staffed and relies heavily on key personnel to manage trading activities.

In managing and directing the day-to-day activities and affairs of the Fund, the Sponsor relies almost entirely on a small number of individuals, including Mr. Sal Gilbertie, Mr. Springer Harris, Ms. Cory Mullen-Rusin and Mr. Brian T. MacKenzie. If Mr. Gilbertie, Mr. Harris, Ms. Mullen-Rusin or Mr. MacKenzie were to leave or be unable to carry out their present responsibilities, it may have an adverse effect on the management of the Fund. To the extent that the Sponsor establishes additional commodity pools, even greater demands will be placed on these individuals.

The fifth paragraph of the section of the Prospectus titled “The Offering – The Sponsor – Management of the Sponsor” is hereby deleted and replaced with the following:

Brian T. MacKenzie has been the Chief Compliance Officer and AML Compliance Officer of the Sponsor since May 11, 2026. Mr. MacKenzie is responsible for developing, instituting, and monitoring the effectiveness of processes and procedures to comply with all regulatory requirements. He was listed as a Principal of the Sponsor on May 8, 2026. Mr. MacKenzie has over twenty years of experience in the investment compliance industry. He has served as Head of Adviser Compliance Support Services at PINE Adviser Solutions since 2022. In this role, he oversees the management of Investment Adviser Compliance programs and serves as both an Adviser Chief Compliance Officer and Fund Chief Compliance Officer. From October 2018 to January 2022, he was at Janus Henderson Investors, where he most recently served as the Head of Portfolio Surveillance and Reporting. In this role, Mr. MacKenzie managed regulatory filings, client reporting, trade surveillance and led a team that implemented compliance programs for over sixty global product launches, including registered mutual funds, ETFs, and separately managed portfolios. Mr. MacKenzie began his compliance career at Brown Brothers Harriman in Boston, MA, where he was Vice President and Head of Portfolio Compliance. Brian earned his B.A. from the University of Massachusetts, Amherst, and serves on the Advisory Board for the Compliance and Ethics Program in the Master of Science in Legal Studies at the University of Colorado Boulder Law School. He is 46 years old.

The sixth paragraph of the section of the Prospectus titled “The Offering – The Sponsor – Management of the Sponsor” is hereby deleted and replaced with the following:

Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen-Rusin and Mr. MacKenzie are “principals,” as that term is defined in CFTC Rule 3.1, of the Sponsor and Teucrium Investment Advisors, LLC. These persons are principals due to their positions and/or due to their ownership interests in the Sponsor. GFI Group LLC is a principal under CFTC Rules due to its ownership of certain non-voting securities of the Sponsor and Teucrium Investment Advisors, LLC. NMSIC Classic LLC is a principal under CFTC Rules due to its greater than 10% capital contribution to the Sponsor. The Sponsor is a listed principal of Teucrium Investment Advisors, LLC due to its 100% ownership of the entity.

The date of this prospectus is May 12, 2026