$LTCN·8-K

Grayscale Litecoin Trust (LTC) · Jul 2, 4:37 PM ET

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Grayscale Litecoin Trust (LTC) 8-K

Research Summary

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Grayscale Litecoin Trust CFO Resigns; Interim Co‑CFOs Appointed

What Happened
Grayscale Investments Sponsors, LLC (sponsor of Grayscale Litecoin Trust) filed an 8‑K (Item 5.02) announcing that Edward McGee has stepped down as Chief Financial Officer and Principal Financial and Accounting Officer effective July 2, 2026. He left for personal reasons and not due to any disagreement with the company. Effective July 2, 2026, Kathryn Masci and Daniel Plourde were approved as interim Co‑Chief Financial Officers of the sponsor; Ms. Masci was also appointed a member of the sponsor’s Board of Managers and designated Principal Financial and Accounting Officer of the Trust. The filing was signed by Kathryn Masci in her capacity as Co‑CFO.

Key Details

  • Effective date: July 2, 2026.
  • Departing officer: Edward McGee — 7 years of service; departure for personal reasons, no disagreement with the company.
  • Interim appointees: Kathryn Masci (Senior Vice President, Finance) and Daniel Plourde (Senior Vice President, Finance).
  • Ms. Masci: with Grayscale since May 2020, SVP Finance since Jan 2026, CPA (New York), appointed to sponsor’s Board of Managers and as Principal Financial and Accounting Officer. Mr. Plourde: with Grayscale since Sept 2022, SVP Finance since Jan 2026, has 20+ years in financial services.

Why It Matters
A change in the Trust’s top finance officers is material for investors because the CFO/Principal Financial and Accounting Officer oversees financial reporting and controls. Grayscale has named internal, experienced finance leaders on an interim basis and confirmed the departure was not due to any disagreement, which may reassure investors about continuity in financial management and regulatory filings. The filing did not disclose any changes to compensation or to financial policies.

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