Fidelity Solana Fund names Craig S. Brown treasurer, plans quarterly staking payouts
Heather Bonner resigned as Treasurer of the fund's sponsor, FD Funds Management LLC, effective February 2, 2026, and Craig S. Brown took over the role, with the filing saying her resignation was not due to any disagreement. The fund also said it intends to make quarterly cash distributions of net staking income, with an initial distribution expected around February 17, 2026, but the sponsor may modify, suspend, or end distributions at any time and the fund may sell staking rewards or SOL to fund them.
Key points
- Heather Bonner ceased serving as Treasurer (Principal Financial and Accounting Officer) of FD Funds Management LLC effective February 2, 2026
- Craig S. Brown, a Fidelity Investments Vice President since 2015, became Treasurer effective February 2, 2026
- Initial distribution expected on or about February 17, 2026, to shareholders of record as of February 13, 2026
- Distributions are not guaranteed and may be sold from staking rewards and/or a portion of SOL, which may affect SOL exposure and share price or net asset value
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.