CoinShares director Masters sells 109,392 shares

The weighted-average figures reflect multiple sales at prices within the ranges disclosed for each transaction date.

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Form Type

Rhea-AI Filing Summary

CoinShares PLC (CSHR) director and 10% owner Daniel Masters reported sales of 109,392 ordinary shares in three transactions: 68,002 shares on October 15, 2026, at a weighted average of $4.0302 per share; 17,441 shares on October 16, 2026, at a weighted average of $3.8789 per share; and 23,949 shares on October 19, 2026, at a weighted average of $3.8355 per share. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Daniel Masters on June 12, 2026.

Insider Trade Summary 10b5-1

Net Seller: 109,392 shares

Net Sell 3 txns

Insider Masters Daniel

Role Director, 10% Owner

Sold 109,392 shs ($434K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares ^{F1, F4}	23,949	$3.8355	$92K
Sale	Ordinary Shares ^{F1, F3}	17,441	$3.8789	$68K
Sale	Ordinary Shares ^{F1, F2}	68,002	$4.0302	$274K

Holdings After Transaction: Ordinary Shares — 21,510,245 shares (Direct)

Footnotes (4)

F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.96 to $4.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $4.0535, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.79 to $3.8825, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Key Figures

Shares sold: 109,392 ordinary shares Shares sold: 68,002 shares Weighted average sale price: $4.0302 per share +4 more

7 metrics

Shares sold 109,392 ordinary shares Across the three reported transactions

Shares sold 68,002 shares October 15, 2026

Weighted average sale price $4.0302 per share October 15, 2026

Shares sold 17,441 shares October 16, 2026

Weighted average sale price $3.8789 per share October 16, 2026

Shares sold 23,949 shares October 19, 2026

Weighted average sale price $3.8355 per share October 19, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price

2 terms

Rule 10b5-1 trading plan regulatory

"effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CSHR shares did Daniel Masters sell?

Daniel Masters, a director and 10% owner of CoinShares PLC, reported sales of 109,392 ordinary shares across three transactions on October 15, 2026, October 16, 2026, and October 19, 2026. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 12, 2026.

What price ranges applied to Daniel Masters's CSHR sales?

On October 15, 2026, the 68,002 shares were sold at prices ranging from $3.96 to $4.09, inclusive; on October 16, 2026, the 17,441 shares ranged from $3.86 to $4.0535, inclusive; and on October 19, 2026, the 23,949 shares ranged from $3.79 to $3.8825, inclusive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/19/2026 - 05:45 PM EDT Accepted by SEC EDGAR 10/19/2026 - 05:44 PM EDT

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Masters Daniel

(Last)

(First)

(Middle)

C/O COINSHARES PLC, 2 HILL STREET

(Street)

ST HELIER

JE2 4UA

(City)

(State)

(Zip)

JERSEY

(Country)

2. Issuer Name and Ticker or Trading Symbol
CoinShares PLC [ CSHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	10/15/2026		S⁽¹⁾		68,002	D	$4.0302⁽²⁾	21,551,635	D
Ordinary Shares	10/16/2026		S⁽¹⁾		17,441	D	$3.8789⁽³⁾	21,534,194	D
Ordinary Shares	10/19/2026		S⁽¹⁾		23,949	D	$3.8355⁽⁴⁾	21,510,245	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.96 to $4.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $4.0535, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.79 to $3.8825, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

	/s/ Daniel Masters	10/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR