Blundell Neil David 4/A

What Happened
Neil David Blundell, President, CEO and Portfolio Manager of CAIS Sports, Media & Entertainment Fund, was credited with 30,728.1 Class I shares on 2026-01-02 at a reported price of $10.00 per share, for a total value of $307,281. The transaction is reported as an "other acquisition or disposition" (code J) and reflects shares received in connection with a fund reorganization rather than a routine open‑market purchase.

Key Details

• Transaction date and price: 2026-01-02; 30,728.1 shares at $10.00 each (total $307,281).
• Transaction type: Code J — other acquisition (reorganization exchange/conversion of interests).
• Share class: Class I shares (per footnote F1).
• Amendment: This Form 4 amends an earlier filing that estimated the shares; the amendment reports the final number after the Predecessor Fund valuation (see footnote F2).
• Shares owned after transaction: The amendment discloses the final beneficial ownership amount following the reorganization; that total is reported in the amended filing (not included in this excerpt).
• Filing status: Amended Form 4 to correct/replace estimated amounts; no indication here that the filing was delinquent.

Context
This was an acquisition as part of a reorganization/conversion of prior fund interests (per the filing footnotes), so it differs from a discretionary open‑market buy and may not signal the same managerial sentiment as a market purchase. The amendment simply finalizes the previously estimated share count and total.