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Invesco CurrencyShares Yen Trust (FXY) adds Casaccia to sponsor board

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Invesco CurrencyShares® Japanese Yen Trust, whose common units trade on NYSE Arca under the symbol FXY, reports a change on the Board of Managers of its sponsor, Invesco Specialized Products, LLC.

Effective after the close of business on August 3, 2026, Matthew Casaccia was appointed to the sponsor’s Board of Managers, replacing Jordan Krugman, whose resignation from all positions at the sponsor and its affiliates is effective at the same time. Casaccia, age 43, is Senior Director of Financial Planning and Analysis for Investments (since 2023) and Global Product (since 2025) at Invesco Ltd., and previously served as Senior Manager of Financial Planning and Analysis for Wealth Management Intermediaries since 2019. He has 17 years of experience with Invesco Ltd. in finance, distribution and transfer agency. The trust cites his experience in financial management, investor relations and business strategy as key qualifications for serving on the Board.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Age of Matthew Casaccia 43 years Age of newly appointed member of the Board of Managers
Invesco tenure 17 years Time spent with Invesco Ltd. in finance, distribution and transfer agency
Senior Director FP&A for Investments since 2023 Start year of Casaccia’s Senior Director role for Investments at Invesco Ltd.
Senior Director FP&A for Global Product since 2025 Start year of Casaccia’s Senior Director role for Global Product at Invesco Ltd.
Senior Manager FP&A for Wealth Management Intermediaries since 2019 Start year of prior Senior Manager role at Invesco Ltd.
Effective date of board changes August 3, 2026 Date when Casaccia’s appointment and Krugman’s resignation become effective
Board of Managers regulatory
"appointed to the Board of Managers of Invesco Specialized Products, LLC"
Sponsor financial
"the sponsor of the Invesco CurrencyShares® Japanese Yen"
Financial Planning and Analysis financial
"Senior Director of Financial Planning and Analysis for Investments"
Financial planning and analysis is the ongoing process companies use to create budgets, forecast future revenues and costs, and evaluate actual performance against those plans. Think of it as a company’s financial roadmap and compass — it shows where management expects the business to go, flags variances from the plan, and supports decisions about spending, investments, and risk. For investors, strong FP&A provides clearer signals about likely cash flow, profitability, and management’s ability to execute strategy.
Wealth Management Intermediaries financial
"Financial Planning and Analysis for Wealth Management Intermediaries"

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

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FAQ

What board change did Invesco CurrencyShares Japanese Yen Trust (FXY) disclose?
The trust reported that Matthew Casaccia was appointed to the Board of Managers of its sponsor, Invesco Specialized Products, LLC, effective after the close of business on August 3, 2026, replacing Jordan Krugman, whose resignation becomes effective at the same time.

Who is Matthew Casaccia in relation to Invesco CurrencyShares Japanese Yen Trust (FXY)?
Matthew Casaccia is a new member of the sponsor’s Board of Managers. He serves as Senior Director of Financial Planning and Analysis for Investments and Global Product at Invesco Ltd. and has 17 years of experience with the firm in finance and distribution roles.

When is the board change for the sponsor of FXY effective?
The appointment of Matthew Casaccia and the resignation of Jordan Krugman are both effective after the close of business on August 3, 2026. From that time, Casaccia will serve on the Board of Managers of Invesco Specialized Products, LLC.

Why was Matthew Casaccia selected for the Board of the FXY sponsor?
He was selected based on his experience in financial management, investor relations and business strategy. The disclosure highlights his long tenure at Invesco Ltd. and his senior Financial Planning and Analysis roles supporting investment and global product business units.

What is Jordan Krugman’s status at the sponsor of Invesco CurrencyShares Japanese Yen Trust (FXY)?
Jordan Krugman is resigning from all positions at the sponsor and its affiliates, including his role on the Board of Managers. His resignation becomes effective after the close of business on August 3, 2026, when Matthew Casaccia assumes the board seat.
false 0001353613 0001353613 2026-08-03 2026-08-03
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 3, 2026

 

 

Invesco CurrencyShares® Japanese Yen Trust

Sponsored by Invesco Specialized Products, LLC

(Exact name of registrant as specified in its charter)

 

 

 

New York   001-33298   37-6416176

(State or other jurisdiction

of incorporation or organization)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

3500 Lacey Road, Suite 700

Downers Grove, Illinois 60515

(Address of principal executive offices, including zip code)

(800) 983-0903

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol(s)

  

Name of each exchange

on which registered

Common Units of Beneficial Interest   FXY   NYSE Arca

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 3, 2026, Matthew Casaccia was appointed to the Board of Managers (the “Board”) of Invesco Specialized Products, LLC (the “Sponsor”), the sponsor of the Invesco CurrencyShares® Japanese Yen, effective as of the close of business on August 3, 2026 (the “Effective Date”). Mr. Casaccia will serve as a member of the Board until his successor is duly designated and qualified or until his earlier death, resignation or removal. Mr. Casaccia will replace Mr. Jordan Krugman, who, as previously disclosed, gave notice of his resignation from all positions at the Sponsor and its affiliates, including his position as a member of the Board of the Sponsor. Mr. Krugman’s resignation will also be effective after the close of business on the Effective Date.

Mr. Casaccia’s biography is as follows:

Matthew Casaccia (43) is Senior Director of Financial Planning and Analysis for Investments (since 2023) and Global Product (since 2025) with Invesco Ltd, a global investment management company affiliated with the Sponsor. In this capacity, Mr. Casaccia is responsible for general management support, in addition to executing on various strategic initiatives and overseeing the financial framework for these business units. Prior to these roles, Mr. Casaccia served as Senior Manager, Financial Planning and Analysis for Wealth Management Intermediaries, which is the distribution organization with Invesco Ltd, since 2019. Overall, he has spent the last 17 years with Invesco Ltd with experience in finance, distribution and the North American transfer agency. Mr. Casaccia holds a BS in Business Administration from Stephen F. Austin State University.

The specific experience, qualifications, attributes and skills that led to the conclusion that Mr. Casaccia should serve on the Board were his prior and current experience in financial management, investor relations and business strategy.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   INVESCO CURRENCYSHARES® JAPANESE YEN TRUST
  By:   Invesco Specialized Products, LLC
    Sponsor of the Invesco CurrencyShares® Japanese Yen Trust
August 3, 2026     By:  

/s/ Adam Henkel

      Adam Henkel
      Head of Legal, US ETFs

Source: View Original Filing on SEC EDGAR

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