10-for-1 split boosts abrdn Physical Platinum ETF (PPLT) share count

Rhea-AI Filing Summary

ABRDN ETF TRUST, on behalf of abrdn Platinum ETF Trust, completed a 10-for-1 forward split of the abrdn Physical Platinum Shares ETF before trading opened on May 18, 2026. Each share held as of the close on May 14, 2026 became ten new shares.

Immediately before the split there were 13,700,000 shares outstanding with a net asset value of $178.62 per share. After the split, outstanding shares increased to 137,000,000 and net asset value adjusted to $17.86 per share, leaving investors’ total investment value unchanged. The ETF’s ticker PPLT and CUSIP number did not change.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Split ratio: 10-for-1 Shares outstanding pre-split: 13,700,000 shares Shares outstanding post-split: 137,000,000 shares +4 more

7 metrics

Split ratio 10-for-1 Forward split effective May 18, 2026

Shares outstanding pre-split 13,700,000 shares Immediately before the split

Shares outstanding post-split 137,000,000 shares Immediately after the split

NAV per share pre-split $178.62 per share Immediately prior to the split

NAV per share post-split $17.86 per share Immediately after the split

Record date for split May 14, 2026 Shareholders of record at market close

Trading start date post-split May 18, 2026 Post-split shares began trading on NYSE Arca

Key Terms

10-for-1 forward split, net asset value, CUSIP number, trading symbol

4 terms

10-for-1 forward split financial

"abrdn Platinum ETF Trust effected a 10-for-1 forward split of the abrdn Physical Platinum Shares ETF"

net asset value financial

"each representing a net asset value (“NAV”) of $178.62"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

CUSIP number financial

"The Split did not affect the Shares’ CUSIP number or ticker symbol (PPLT)."

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

trading symbol financial

"Title of each class | Trading Symbol(s) | Name of each exchange on which registered"

A trading symbol is the short, unique code used to identify a publicly listed security on an exchange — like a stock’s nickname or license plate. Investors use it to look up real-time prices, place buy or sell orders, and track company news across trading platforms; without it, finding the correct security among many with similar names would be slow and error-prone. Knowing the right symbol ensures trades and information refer to the exact asset intended.

Understanding 8-K Material Events →

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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): May 18, 2026

ABRDN PLATINUM ETF TRUST

(Exact name of registrant as specified in its charter)

New York		001-34590		26-4732885
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

c/o abrdn ETFs Sponsor LLC 1900 Market Street, Suite 200 Philadelphia PA				19103
(Address of Principal Executive Offices)				(Zip Code)

(844) 383-7289

(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
abrdn Physical Platinum Shares ETF	PPLT	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 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2).

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.     ☐

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Item 8.01 Other Events.

On May 18, 2026, prior to the open of trading on NYSE Arca, Inc., abrdn Platinum ETF Trust (the “Registrant”) effected a 10-for-1 forward split (the “Split”) of the abrdn Physical Platinum Shares ETF (the “Shares”) issued by the Registrant. The post-Split Shares began trading on May 18, 2026. The Registrant previously announced the Split in its press release dated April 22, 2026. As a result of the Split, every pre-Split Share held of record as of the close of the markets on May 14, 2026 was automatically exchanged for ten post-Split Shares. Immediately prior to the Split, there were 13,700,000 Shares issued and outstanding, each representing a net asset value (“NAV”) of $178.62. Immediately after the Split, the number of issued and outstanding Shares increased to 137,000,000, and the NAV per Share decreased to $17.86. The Split did not affect the Shares’ CUSIP number or ticker symbol (PPLT).

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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.

	ABRDN PLATINUM ETF TRUST
	By: abrdn ETFs Sponsor LLC, Sponsor of the abrdn Platinum ETF Trust
Date: May 18, 2026	By:	/s/ Sharon Ferrari
		Sharon Ferrari
		Chief Financial Officer and Treasurer*

* The Registrant is a trust and Ms. Ferrari is signing in her capacities as officer of abrdn ETFs Sponsor LLC, the Sponsor of the Registrant.

3

FAQ

What did ABRDN ETF TRUST announce for the abrdn Physical Platinum Shares ETF (PPLT)?

ABRDN ETF TRUST completed a 10-for-1 forward split of the abrdn Physical Platinum Shares ETF (PPLT). This increased the number of shares outstanding while reducing the net asset value per share so each investor’s overall position value remained the same after the split.

When did the 10-for-1 split for PPLT shares take effect?

The 10-for-1 forward split for PPLT took effect before the open of trading on May 18, 2026. Shareholders of record as of the close of markets on May 14, 2026 had each pre-split share automatically exchanged for ten post-split shares.

How did the PPLT share count change after the 10-for-1 split?

Before the split, PPLT had 13,700,000 shares issued and outstanding. After the 10-for-1 forward split, the number of issued and outstanding shares increased to 137,000,000, reflecting the tenfold increase per pre-split share while keeping total fund value for investors unchanged.

What happened to the net asset value per PPLT share after the split?

Immediately before the split, each PPLT share had a net asset value of $178.62. After the 10-for-1 forward split, the net asset value per share adjusted to $17.86, aligning with the tenfold increase in share count while preserving overall investment value per holder.

Did the PPLT ticker or CUSIP number change with the stock split?

The 10-for-1 forward split did not change the abrdn Physical Platinum Shares ETF’s ticker symbol PPLT. The filing also states that the split did not affect the shares’ CUSIP number, so trading continues under the same identifiers as before the split.

Which shareholders were affected by the PPLT 10-for-1 forward split?

Shareholders who held PPLT shares of record as of the close of the markets on May 14, 2026 were affected. Each of their pre-split shares was automatically exchanged for ten post-split shares without requiring any action from the investors.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.9 KB