8-K
Destra Multi-Alternative Fund (DMA)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 19, 2026
Destra Multi-Alternative Fund
(Exact name of Registrant as specified in its charter)
| Delaware | 811-22572 | 45-3477142 |
|---|---|---|
| (State or other jurisdiction<br> <br>of incorporation) | (Commission<br> <br>File Number) | (I.R.S. Employer<br> <br>Identification No.) |
| 443 North Willson Avenue<br> <br>Bozeman, Montana 59715 | 59715 | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (312) 843-6161
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written<br>communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br>material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement<br>communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement<br>communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| ☐ | Emerging<br>growth company |
|---|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Shares | DMA | New York Stock Exchange |
| Item 8.01. | Other Events | |
| --- | --- |
On February 19, 2026, Destra Multi-Alternative Fund (the “Company”) announced the voluntary resignation of Paul Kazarian, an independent trustee of the Company.
| Item 9.01 | Financial Statements and Exhibits. |
|---|---|
| (d) | Exhibits. |
| --- | --- |
| EXHIBIT NUMBER | **** |
| --- | --- |
| Exhibit 99.1 | Press Release, dated February 19, 2026 |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Destra Multi-Alternative Fund | ||
|---|---|---|
| Date: February 19, 2026 | By: | /s/<br> Robert A. Watson |
| Robert<br> A. Watson | ||
| President |
2
Exhibit 99.1
Destra Multi-Alternative Fund Announces Board Member Resignation
Bozeman, MT – February 19, 2026 – The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, announced today that Paul Kazarian has voluntarily stepped down from the Fund’s Board of Trustees, effective February 12, 2026.
The Board of Trustees thanks Mr. Kazarian for his service and contributions during his tenure and wishes him continued success in his future endeavors.
The Fund will announce any updates regarding Board composition as appropriate.
About Destra Multi-Alternative Fund
Destra Multi-Alternative Fund (NYSE: DMA) is a core alternative solution that seeks to achieve long-term performance non-correlated to the broad stock and bond markets. It invests primarily in alternative strategies and asset classes including real estate, direct private equity, alternative credit, and hedge strategies.
About Destra Capital Advisors
Destra Capital Advisors LLC, based in Bozeman, MT, serves as Investment Adviser and Secondary Market Servicing Agent to the Fund. Validus Growth Investors LLC (dba Validex Global Investing) serves as the Investment Sub-Adviser to the Fund.
Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.
Information regarding the Fund and Destra Capital Advisors can be found at www.destracapital.com
About Validex Global Investing
Validex Global Investing is an asset management firm specializing in asymmetric risk-reward strategies to capture high-growth opportunities at emerging market inflection points. Built on rigorous research and disciplined risk management, Validex serves wealth advisers, family offices, and institutional investors with tailored solutions such as option-enhanced portfolios, hedging for concentrated equity positions, structured notes, and pre-IPO strategies. Their expertise spans global investment research, public and private markets, diversified portfolio hedging, and liquidity planning.
Please contact Destra Capital Advisors LLC, the Fund’s marketing, and investor support services agent, at DMA@destracapital.com or call (877) 855-3434 if you have any questions regarding DMA.
For more details on the Fund’s distribution policy and the monthly dividends, please visit
www.destracapital.com