A Form 4 filed on September 18, 2026, discloses that Daniel Masters, a Director and 10% Owner of CoinShares PLC (NASDAQ:CSHR), sold a total of 182,370 ordinary shares across three consecutive trading days under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Three-day sale: Masters disposed of 60,790 ordinary shares on each of September 16, 17, and 18, 2026, for a total of 182,370 shares sold.
  • Weighted average prices: The per-share weighted average prices were $4.7919 on September 16, $5.0576 on September 17, and $5.3866 on September 18, 2026.
  • Price ranges: Individual transaction prices ranged from $4.67 to $4.99 on September 16, $4.82 to $5.24 on September 17, and $5.07 to $5.84 on September 18, 2026.
  • Remaining ownership: Following all reported transactions, Masters directly beneficially owned 21,610,245 ordinary shares.
  • Rule 10b5-1 plan: All three sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Masters on June 12, 2026.
  • Reporting person roles: Masters is identified in the filing as both a Director and a 10% Owner of CoinShares PLC.

Daniel Masters' Planned Share Sales in CoinShares PLC: September 2026 Details

According to the filing, Daniel Masters sold 60,790 ordinary shares of CoinShares PLC on each of three consecutive days: September 16, 17, and 18, 2026. The filing indicates that all transactions were made pursuant to a Rule 10b5-1 trading plan that Masters adopted on June 12, 2026. The box on the form indicating a transaction made under such a plan is checked, consistent with this disclosure.

The filing reports weighted average prices for each day's sales. On September 16, 2026, shares were sold at a weighted average of $4.7919, with individual transactions ranging from $4.67 to $4.99 per share. On September 17, 2026, the weighted average price was $5.0576, with individual transactions ranging from $4.82 to $5.24 per share. On September 18, 2026, the weighted average was $5.3866, with individual transactions ranging from $5.07 to $5.84 per share. The filing notes that Masters "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."

All sales are reported as direct dispositions (transaction code "S"). After the three reported transactions, Masters' directly held beneficial ownership stood at 21,610,245 ordinary shares, according to the filing. No derivative securities transactions were reported in Table II of the form.

What Was Disclosed

The Form 4 discloses three separate sales of 60,790 ordinary shares each by CoinShares PLC Director and 10% Owner Daniel Masters on September 16, 17, and 18, 2026, all conducted under a pre-adopted Rule 10b5-1 trading plan, leaving Masters with 21,610,245 directly owned shares.