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AI brief of an SEC Form 8-K · abrdn Palladium ETF Trust (PALL)

abrdn Palladium ETF Trust switches palladium custodian from JPMorgan to ICBC Standard Bank

Neutral Impact 2 of 5 product/contract Written later

Effective August 8, 2024, JPMorgan Chase Bank N.A. stopped serving as custodian of the trust's palladium, and all palladium was moved to accounts held with ICBC Standard Bank Plc. The filing says the custody of all of the trust's palladium is now with the new custodian, and that neither the trust nor shareholders incurred or will incur any cost or expense from the termination.

Key points

  • Termination of the former custody agreements with JPMorgan Chase Bank N.A. became effective August 8, 2024.
  • All palladium moved from JPMorgan allocated and unallocated accounts to ICBC Standard Bank Plc accounts on that date.
  • No cost or expense was or will be incurred by the trust or holders of the ETF in connection with the termination.

The filing

Companyabrdn Palladium ETF Trust (PALL)
Form8-K, current report
Filed with the SECAug 14, 2024, 4:17 PM ET
Accession number0001999371-24-010157

Items reported: 1.02 Termination of Material Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 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 August 14, 2024.

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.