Teucrium Wheat Fund (CANE) names new CCO Brian MacKenzie in supplement

Rhea-AI Filing Summary

Teucrium Wheat Fund filed a Prospectus Supplement revising its Prospectus dated April 30, 2025. 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 updates key-person and Sponsor principal disclosures.

Key Figures

File Number: 333-263293 Prospectus dated: April 30, 2025 Prospectus supplement date: May 12, 2026 +3 more

6 metrics

File Number 333-263293 Prospectus registration file number

Prospectus dated April 30, 2025 Original Prospectus date

Prospectus supplement date May 12, 2026 Date of this prospectus supplement

CCO resignation effective May 8, 2026 Christi Powitzky resignation effective date

CCO appointment effective May 11, 2026 Brian T. MacKenzie appointment effective date

Age of appointee 46 years Brian T. MacKenzie's age

Key Terms

Prospectus Supplement, CFTC Rule 3.1, Chief Compliance Officer

3 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

"Messrs. Gilbertie and Harris... 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 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.

Filed Pursuant to Rule 424(b)(3)

File No. 333-263293

PROSPECTUS SUPPLEMENT

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

Teucrium Wheat 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 Wheat 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. 333-263293. 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 Investmentiser 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

Who left and who was appointed as CCO of Teucrium Trading, LLC (CANE)?

Christi Powitzky resigned as CCO effective May 8, 2026. The supplement states Brian T. MacKenzie was appointed CCO of the Sponsor effective May 11, 2026, and was listed as a Principal of the Sponsor on May 8, 2026.

What responsibilities does the new Chief Compliance Officer, Brian T. MacKenzie, have?

Mr. MacKenzie is responsible for developing, instituting, and monitoring compliance processes and procedures. The supplement states he oversees regulatory compliance programs and AML matters for the Sponsor in his role as Chief Compliance Officer and AML Compliance Officer.

What background does Brian T. MacKenzie bring to the Sponsor?

Mr. MacKenzie has over twenty years of investment compliance experience. The supplement notes roles at PINE Adviser Solutions since 2022, prior service at Janus Henderson Investors (Oct 2018–Jan 2022), and earlier work at Brown Brothers Harriman; he earned a B.A. from UMass Amherst.

How does the supplement describe the Sponsor's personnel risk and principal status?

The Sponsor is described as leanly staffed and dependent on a few individuals. The supplement names Mr. Gilbertie, Mr. Harris, Ms. Mullen-Rusin and Mr. MacKenzie and states several entities and persons are principals under CFTC Rule 3.1, including GFI Group LLC and NMSIC Classic LLC.