On March 27, 2026, Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC, the sponsor of iShares S&P GSCI Commodity-Indexed Trust. Jacobs, who is a Managing Director at BlackRock, has been with the firm since 2022 and previously served as the U.S. Head of Equity ETFs. His appointment is expected to bring a fresh perspective to the leadership of the Trust, which is a significant player in the commodity index fund space. In conjunction with Jacobs' appointment, Shannon Ghia resigned from her position as Director and CEO of the Sponsor. Ghia's departure was confirmed to be amicable and not related to any disputes regarding the Trust's operations. The changes in leadership are anticipated to enhance the strategic direction of the Trust, potentially leading to improved performance and investor confidence. Jacobs' extensive experience in equity ETFs and his previous role at Global X ETFs, where he led the research and strategy team, positions him well to drive the Trust's initiatives forward. This leadership transition may positively influence the Trust's market perception and operational execution, although the immediate impact on stock price remains to be seen.

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