Who is Jay Jacobs, the new CEO of the iShares GSG sponsor?

Jay Jacobs is a Managing Director at BlackRock and U.S. Head of Equity ETFs since April 7, 2025. He previously led thematics and active equity ETFs at BlackRock and earlier helped build Global X ETFs’ research and strategy team, bringing deep ETF industry experience.

Did someone resign from the iShares S&P GSCI (GSG) sponsor leadership?

Yes. Effective March 27, 2026, Shannon Ghia resigned as a Director and as President and Chief Executive Officer of iShares Delaware Trust Sponsor LLC. The filing states her decision was not due to any dispute or disagreement over the Trust’s operations, policies, or practices.

When were the leadership changes at the iShares GSG sponsor effective?

Both the appointment of Jay Jacobs as President, Chief Executive Officer, and Director, and the resignation of Shannon Ghia from those roles at the Sponsor, were effective March 27, 2026. These changes affect the leadership of the company that sponsors and oversees the Trust.

What role does BlackRock play in the iShares S&P GSCI (GSG) sponsor?

BlackRock Asset Management International Inc. is the member of iShares Delaware Trust Sponsor LLC and appointed Jay Jacobs to the Sponsor’s Board. Jacobs is also a Managing Director at BlackRock, aligning the Sponsor’s senior leadership closely with BlackRock’s broader ETF organization.

New CEO takes over iShares S&P GSCI (NYSE: GSG) sponsor leadership

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

iShares S&P GSCI Commodity-Indexed Trust reports leadership changes at its sponsor. On March 27, 2026, Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC and became its President and Chief Executive Officer. The Sponsor manages the Trust.

Jacobs is a Managing Director at BlackRock and has served as U.S. Head of Equity ETFs since April 7, 2025, with prior ETF leadership roles at BlackRock and Global X. On the same date, Shannon Ghia resigned as Director and as President and Chief Executive Officer of the Sponsor, with the filing stating her resignation was not due to any dispute or disagreement regarding the Trust’s operations, policies or practices.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

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.

Key Figures

Leadership change effective date: March 27, 2026 Start as U.S. Head of Equity ETFs: April 7, 2025 Joined BlackRock: April 18, 2022

3 metrics

Leadership change effective date March 27, 2026 Appointment of Jay Jacobs and resignation of Shannon Ghia

Start as U.S. Head of Equity ETFs April 7, 2025 Jay Jacobs’ role at BlackRock

Joined BlackRock April 18, 2022 Jay Jacobs joined BlackRock as U.S. Head of Thematics and Active Equity ETFs

Key Terms

Emerging growth company, Board of Directors, President and Chief Executive Officer, Sponsor, +1 more

5 terms

Emerging growth company regulatory

"Emerging growth company Item 5.02."

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.

Board of Directors financial

"Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

President and Chief Executive Officer financial

"Mr. Jacobs was appointed as the President and Chief Executive Officer of the Sponsor"

Managing Director financial

"Mr. Jacobs is a Managing Director of BlackRock, Inc."

Understanding 8-K Material Events →

03/30/2026 - 09:50 PM

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): March 27, 2026

iShares® S&P GSCI™ Commodity-Indexed Trust

(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of

incorporation)

001-32947
(Commission File Number)

51-6573369
(I.R.S. Employer Identification

No.)

c/o iShares Delaware Trust Sponsor LLC
400 Howard Street
San Francisco, California 94105
(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (415) 670-2000

Not Applicable
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
Shares	GSG	NYSE Arca, Inc.

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 March 27, 2026, Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC (the “Sponsor”), which is the sponsor of iShares® S&P GSCI™ Commodity-Indexed Trust (the “Trust”). Mr. Jacobs was appointed by BlackRock Asset Management International Inc., which is the member of the Sponsor. Also on March 27, 2026, Mr. Jacobs was appointed as the President and Chief Executive Officer of the Sponsor.

Mr. Jacobs is a Managing Director of BlackRock, Inc. (“BlackRock”) and has served as the U.S. Head of Equity ETFs at BlackRock since April 7, 2025. In this role, he oversees the overall product strategy, thought leadership, and client engagement for BlackRock’s U.S. index and active equity ETF business. Mr. Jacobs joined BlackRock as U.S. Head of Thematics and Active Equity ETFs on April 18, 2022. From May 2013 to March 2022, he worked at Global X ETFs, where he founded and led the firm’s research and strategy team. Previously, Mr. Jacobs was a business analyst at the New York Stock Exchange from July 2011 to May 2013. Mr. Jacobs earned a BA degree in International Studies from Emory University and an MBA from Columbia Business School. He is a CFA charterholder.

In addition, effective March 27, 2026, Shannon Ghia resigned as a Director of the Sponsor and as President and Chief Executive Officer of the Sponsor. Ms. Ghia’s decision to resign was not the result of any dispute or disagreement with the Sponsor or the Trust on any matter relating to the Trust's operations, policies or practices.

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.

Date: March 31, 2026

	iShares® S&P GSCI™ Commodity-Indexed Trust*

	By:	iShares Delaware Trust Sponsor LLC


	By:	/s/ Bryan Bowers
		Name: Bryan Bowers Title: Director and Chief Financial Officer

*	The registrant is a trust. The individual specified above is signing in his capacity as an officer and/or authorized signatory of iShares Delaware Trust Sponsor LLC, the Sponsor of the Trust.

Source: View Original Filing on SEC EDGAR

FAQ

What leadership change was disclosed for iShares S&P GSCI (GSG)?

The Trust disclosed that Jay Jacobs was appointed President, Chief Executive Officer, and Director of iShares Delaware Trust Sponsor LLC on March 27, 2026. The Sponsor manages the Trust, so his appointment affects the entity overseeing its operations and product strategy.

What stock exchange lists shares of the iShares S&P GSCI Commodity-Indexed Trust?

Shares of the iShares S&P GSCI Commodity-Indexed Trust trade on NYSE Arca, Inc. under the symbol GSG. This listing information confirms where investors can buy or sell interests in the Trust through regular exchange trading during market hours.

Filing Exhibits & Attachments

4 documents