Mognetti Jean-Marie 4

What Happened

• Jean‑Marie Mognetti, CEO of CoinShares PLC (CSHR), acquired 21,668,721 ordinary shares on March 31, 2026. The filing reports this as an "other acquisition or disposition" (code J) and shows no per-share price (N/A) because the shares were received in a corporate business combination rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-31 (reported on Form 4 filed 2026-04-02).
• Shares acquired: 21,668,721 ordinary shares; price: N/A (shares issued/exchanged in the business combination).
• Business-combination detail: each CSIL share converted into approximately 1.8237 CoinShares ordinary shares under the Business Combination Agreement.
• Ownership reporting: the interests are held by Mognetti Partners Limited; Jean‑Marie Mognetti is the sole director and disclaims beneficial ownership except to the extent of his pecuniary interest (per footnote).
• Filing timeliness: Form 4 was filed April 2, 2026; no late filing is indicated in the report.

Context

• This was a corporate exchange resulting from the closing of a previously announced business combination (CSIL → CoinShares PLC). That means the transaction reflects a conversion of prior CSIL holdings into CoinShares PLC shares, not a personal open-market buy or sell. For many retail investors, acquisitions via corporate reorganizations differ from insider purchases in signaling intent, since they often arise from deal terms rather than a discretionary trade.