iShares Silver Trust changes term to perpetual; sponsor assumes up to $500K annual legal fees

iShares Silver Trust

Trust term changed from finite to perpetual under Third Amended and Restated Depositary Trust Agreement.
Sponsor's annual legal fee assumption increased from $100,000 to $500,000.
Amendment executed January 31, 2022, with The Bank of New York Mellon as trustee.
Item 3.03 filing indicates material modification to security holders' rights.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.