Coatue Innovative Strategies Fund CEO Philippe Laffont Receives 707,214 Shares

What Happened

• Philippe Laffont, CEO, is reported on a Form 4 as having an acquisition/award (code A) of 707,213.579 Class D shares at a per-share price of $14.14, for a reported total of $10,000,000. The transaction date was September 10, 2026.

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-14 (filed within the usual 2-business-day window).
• Transaction type/code: Acquisition/Award (A).
• Shares and price: 707,213.579 Class D shares at $14.14 each; total reported value $10,000,000.
• Shares owned after transaction: Not specified in the provided summary (not reported here).
• Notable footnotes:
  • F1: Issuer fixed the purchase price and number of Class D shares on Sept 10, 2026 in respect of a prior subscription by the reporting person’s spouse.
  • F2: The reported securities are held directly by Anushka Flores LLC, which is controlled by the reporting person’s spouse.
  • F3: Laffont disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
  • F4: The reported amount reflects an adjustment related to a transfer to a special-purpose vehicle to fund an employee equity program; Laffont disclaims beneficial ownership of those securities.
• Other entity notes (from filing footnotes): several entities controlled by Laffont (e.g., Coatue Management LLC, Fontal Investments I LLC, Coatue Capital LLC, Barrier Investors LLC) are referenced elsewhere in the filing as holders of securities.

Context

• This is reported as an acquisition/award tied to a prior subscription by the insider’s spouse and held via a spouse-controlled LLC; Laffont disclaims direct beneficial ownership except for any pecuniary interest. Purchases/awards can be informative, but here the filing indicates the shares are held in related-party entities rather than as a straight personal open-market buy. No sale or exercise-of-option activity is indicated in this record.