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Teucrium Corn Fund (NYSE: CANE) names Brian T. MacKenzie as Chief Compliance Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

Teucrium Corn Fund filed a prospectus supplement revising its Prospectus to reflect personnel changes at the Sponsor. Effective May 8, 2026, Christi Powitzky resigned as Chief Compliance Officer of Teucrium Trading, LLC, and effective May 11, 2026, Brian T. MacKenzie was appointed Chief Compliance Officer.

The supplement replaces language about key‑person risk to list Mr. MacKenzie among the small group relied upon to manage trading activities and updates the Sponsor"s principal listings under CFTC Rule 3.1. The prospectus date is May 12, 2026.

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Insights

New Chief Compliance Officer named with extensive industry experience.

Brian T. MacKenzie was appointed Chief Compliance Officer and AML Compliance Officer effective May 11, 2026. The prospectus supplement states he has over 20 years of investment compliance experience and has led compliance programs at several firms, including roles since 2022 and from October 2018 to January 2022.

His listing as a principal and inclusion among the limited set of key personnel is now disclosed under CFTC Rule 3.1. Subsequent filings will show whether operational responsibilities or additional personnel changes are disclosed.

Sponsor principal list and key‑person risk language updated.

The supplement replaces the Sponsor"s key‑person paragraph to explicitly include Mr. MacKenzie alongside Messrs. Gilbertie and Harris and Ms. Mullen‑Rusin, noting reliance on a small number of individuals to manage trading activities.

The filing also clarifies ownership‑based principals, referencing GFI Group LLC, NMSIC Classic LLC, and the Sponsor's 100% ownership of Teucrium Investment Advisors, LLC.

File Number File No. 333-263434 prospectus registration file
Prospectus date April 30, 2025 original prospectus date
Resignation effective May 8, 2026 Christi Powitzky resigned as CCO of the Sponsor
Appointment effective May 11, 2026 Brian T. MacKenzie appointed Chief Compliance Officer
Prospectus supplement date May 12, 2026 date of this prospectus supplement
Experience over 20 years Mr. MacKenzie"s investment compliance experience
Age 46 years Mr. MacKenzie"s age
Product launches over 60 product launches compliance programs implemented by Mr. MacKenzie"s team
Chief Compliance Officer regulatory
"Effective May 11, 2026, Brian T. MacKenzie was appointed as the Chief Compliance Officer of the Sponsor."
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.
CFTC Rule 3.1 regulatory
"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,"
AML Compliance Officer regulatory
"Brian T. MacKenzie has been the Chief Compliance Officer and AML Compliance Officer of the Sponsor since May 11, 2026."
commodity pools financial
"To the extent that the Sponsor establishes additional commodity pools, even greater demands will be placed on these individuals."
principal regulatory
"GFI Group LLC is a principal under CFTC Rules due to its ownership of certain non-voting securities of the Sponsor"
Principal is the core sum of money at stake — the original amount invested, loaned, or still owed on a debt — and can also mean the main party involved in a transaction. Think of it as the seed from which interest, gains or losses grow: it determines how much interest accrues, how much must be repaid, and how big an investor’s exposure or claim is in a deal, so it directly affects returns and risk.

Filed Pursuant to Rule 424(b)(3)

File No. 333-263434

 

PROSPECTUS SUPPLEMENT

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

 

Teucrium Corn 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 Corn 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. 333-263434. 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

 

FAQ

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

The supplement discloses the resignation of Christi Powitzky as CCO effective May 8, 2026 and the appointment of Brian T. MacKenzie as CCO effective May 11, 2026. It also updates key‑person and principal listings under CFTC rules.

Who is Brian T. MacKenzie and what experience is listed for him?

Brian T. MacKenzie is named Chief Compliance Officer and AML Compliance Officer with over 20 years of investment compliance experience, roles at Janus Henderson (Oct 2018–Jan 2022), and a position at PINE Adviser Solutions since 2022.

Does the supplement change the prospectus"s key‑person risk language?

Yes. The supplement replaces the prior paragraph and now explicitly lists Mr. MacKenzie with Mr. Gilbertie, Mr. Harris, and Ms. Mullen‑Rusin as a small set of individuals the Sponsor relies upon to manage trading activities.

Which entities are identified as principals under CFTC rules in the supplement?

The supplement identifies Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen‑Rusin, and Mr. MacKenzie as principals. It also lists GFI Group LLC and NMSIC Classic LLC for ownership interests and notes the Sponsor"s 100% ownership of Teucrium Investment Advisors, LLC.

What are the effective and prospectus dates shown in the supplement?

The resignation was effective May 8, 2026, the appointment effective May 11, 2026, and the date of the prospectus supplement is May 12, 2026.