STOCK TITAN

Invesco CurrencyShares Yen Trust (FXY) sponsor board member Krugman to exit

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Invesco CurrencyShares® Japanese Yen Trust, sponsored by Invesco Specialized Products, LLC, reported that Mr. Jordan Krugman has given notice of his resignation from all positions at the Sponsor and its affiliates. His resignation, including from the Sponsor’s Board of Managers, will be effective at the close of business on August 3, 2026. The Sponsor is currently considering a replacement for Mr. Krugman.

Positive

  • None.

Negative

  • None.
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.
Resignation notice date June 4, 2026 Date Mr. Jordan Krugman notified the Trust and Sponsor
Effective resignation date August 3, 2026 Close of business effective time for all positions
Trading symbol FXY Common units of beneficial interest listed on NYSE Arca
Common Units of Beneficial Interest financial
"Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered Common Units of Beneficial Interest"
Board of Managers financial
"including his position as a member of the Board of Managers of the Sponsor"
Emerging growth company regulatory
"§ 240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Sponsor financial
"resigning from all positions at Invesco Specialized Products, LLC (the “Sponsor”)"

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

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FAQ

What leadership change did Invesco CurrencyShares Japanese Yen Trust (FXY) report?

The Trust reported that Jordan Krugman will resign from all positions at Invesco Specialized Products, LLC and its affiliates. His roles include serving on the Sponsor’s Board of Managers. The change is administrative and relates to the Sponsor that manages the Trust.

Which entity sponsors the Invesco CurrencyShares Japanese Yen Trust (FXY)?

The Invesco CurrencyShares Japanese Yen Trust is sponsored by Invesco Specialized Products, LLC. This Sponsor is responsible for managing the Trust’s operations. Mr. Krugman’s resignation concerns positions at this Sponsor and its affiliates, rather than positions directly at the Trust itself.

Is the Sponsor already working on a replacement for Jordan Krugman at Invesco FXY?

Yes, the Sponsor is currently considering a replacement for Jordan Krugman. The notice states that Invesco Specialized Products, LLC is evaluating who will fill his roles following the August 3, 2026 effective resignation date from all Sponsor-related positions.

What security of the Invesco CurrencyShares Japanese Yen Trust (FXY) is exchange-listed?

The Trust’s common units of beneficial interest trade on NYSE Arca under the symbol FXY. This listing structure allows investors to buy and sell interests in the yen-focused Trust through a standard exchange-traded format similar to other exchange-traded products.
false 0001353613 0001353613 2026-06-04 2026-06-04
 
 

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): June 4, 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 June 4, 2026, Mr. Jordan Krugman gave notice to the Invesco CurrencyShares® Japanese Yen (the “Trust”) that he is resigning from all positions at Invesco Specialized Products, LLC (the “Sponsor”) and its affiliates, including his position as a member of the Board of Managers of the Sponsor, effective upon the close of business on August 3, 2026. The Sponsor is currently considering Mr. Krugman’s replacement.


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
June 5, 2026   By:  

/s/ Adam Henkel

      Adam Henkel
      Head of Legal, US ETFs

Filing Exhibits & Attachments

3 documents