CoinShares director Daniel Masters sells 100,000 shares

A director and ten percent owner reported the sales under a Rule 10b5-1 trading plan adopted June 12, 2026.

Available on EDGAR 11/04/2026 - 05:39 PM EST Accepted by SEC EDGAR 11/04/2026 - 05:38 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

CoinShares PLC director and ten percent owner Daniel Masters reported selling 33,333 ordinary shares on November 2, 2026, at a weighted-average price of $3.9239 per share; 20,000 on November 3 at a weighted-average price of $3.8457 per share; and 46,667 on November 4 at a weighted-average price of $3.9838 per share. The three sales totaled 100,000 shares and were made under a Rule 10b5-1 trading plan adopted June 12, 2026.

Insider Trade Summary 10b5-1

Net Seller: 100,000 shares

Net Sell 3 txns

Insider Masters Daniel

Role Director, 10% Owner

Sold 100,000 shs ($394K)

Share of Position Sold 0.46%

Type	Security	Shares	Price	Value
Sale	Ordinary Shares F1, F4	46,667	$3.9838	$186K
Sale	Ordinary Shares F1, F3	20,000	$3.8457	$77K
Sale	Ordinary Shares F1, F2	33,333	$3.9239	$131K

Holdings After Transaction: Ordinary Shares — 21,410,245 shares (Direct)

Holdings Before and After: Ordinary Shares, 21,510,245 to 21,410,245 shares (Direct)

Footnotes (4)

1. F1. The transactions 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. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.77 to $3.99, 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. F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.81 to $3.93, 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. F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.96 to $4.03, 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: 33,333 shares Weighted-average sale price: $3.9239 per share Shares sold: 20,000 shares +4 more

7 metrics

Shares sold 33,333 shares November 2, 2026

Weighted-average sale price $3.9239 per share November 2, 2026

Shares sold 20,000 shares November 3, 2026

Weighted-average sale price $3.8457 per share November 3, 2026

Shares sold 46,667 shares November 4, 2026

Weighted-average sale price $3.9838 per share November 4, 2026

Total shares sold 100,000 shares Three reported transactions

Key Terms

Rule 10b5-1 trading plan, weighted average price, non-derivative

3 terms

Rule 10b5-1 trading plan regulatory

"the sales under a plan adopted June 12, 2026"

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 reported price for each sale"

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.

non-derivative technical

"the ordinary-share sales reported as non-derivative transactions"

FAQ

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

How many CSHR shares did Daniel Masters sell, and at what prices?

Daniel Masters sold 100,000 ordinary shares across three reported transactions: 33,333 shares on November 2, 2026, at a weighted-average $3.9239 per share; 20,000 on November 3 at $3.8457 per share; and 46,667 on November 4 at $3.9838 per share. The sales were made under a Rule 10b5-1 trading plan adopted June 12, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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).

X

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)
11/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	11/02/2026		S(1)		33,333	D	$3.9239(2)	21,476,912	D
Ordinary Shares	11/03/2026		S(1)		20,000	D	$3.8457(3)	21,456,912	D
Ordinary Shares	11/04/2026		S(1)		46,667	D	$3.9838(4)	21,410,245	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transactions 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 $3.77 to $3.99, 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 $3.81 to $3.93, 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 $3.96 to $4.03, 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	11/04/2026
	** 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)