LAFFONT PHILIPPE 4

What Happened
Philippe Laffont, CEO and reporting person, acquired a total of 2,820,150.209 Class I shares of Coatue Innovative Strategies Fund through two awards/allocations on April 22, 2026. The awards were recorded at a purchase price of $12.27 per share: 1,597,819.199 shares valued at $19,607,798 and 1,222,331.01 shares valued at $14,999,957, for a combined value of $34,607,755. These were reported as acquisitions (transaction code A), i.e., shares issued to entities he controls rather than open-market purchases.

Key Details

• Transaction date: April 22, 2026; Filing date: April 24, 2026 (reporting covers the April 22 transaction).
• Price and amounts: $12.27 per Class I share; 1,597,819.199 shares ($19,607,798) and 1,222,331.01 shares ($14,999,957).
• Nature of transaction: Reported as "Grant, award or other acquisition" (code A) — issuer fixed the purchase price and number of shares in respect of the reporting person’s prior subscription.
• Shares held by entities controlled by Laffont: Coatue Management LLC, Fontal Investments I LLC, Coatue Capital LLC, and Barrier Investors LLC (per filing footnotes).
• Beneficial ownership: Laffont disclaims beneficial ownership except to the extent of his pecuniary interest (per filing).
• Shares owned after transaction: Not specified in the provided summary of the filing.

Context

• These were issuances/awards tied to a prior subscription rather than open-market buys or option exercises. For retail investors, acquisitions like this represent an insider receiving additional company stock, but the filing’s footnotes indicate the shares are held by affiliated entities and the price/quantity were fixed by the issuer on settlement. No indication in the provided filing that the shares were immediately sold.