[144/A] Grayscale Horizen Trust (ZEN) SEC Filing

Rhea-AI Filing Summary

Grayscale Horizen Trust (HZEN) filed an amended Form 144 notice for a proposed sale of 33,422 common shares with an aggregate market value of $39,772.18.

The filing lists Canaccord Genuity Inc. as broker, an approximate sale date of October 24, 2025, and trading on OTCQX. The securities were originally acquired on August 7, 2018 via a privately negotiated transaction for cash. The table notes 11,425,100 shares outstanding. It also reports sales during the past three months: 19,765 units of Grayscale Horizen Trust on July 31, 2025 for $14,987.00.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK
Filer CCC
Previous Accession Number Of The Filing
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Canaccord Genuity Inc. 535 Madison Avenue New York NY 10022	33422	39772.18	11425100	10/24/2025	OTCQX

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/07/2018	Privately negotiated transactions	Purchased from issuer			33422	08/07/2018	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Barry E. Silbert 222 Purchase St 283 Rye NY 10580	Grayscale Horizen Trust	07/31/2025	19765	14987.00

144/A: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does HZEN’s latest Form 144/A disclose?

An amended notice of intent to sell 33,422 common shares with an aggregate market value of $39,772.18.

When and where are the HZEN shares expected to be sold?

The approximate sale date is October 24, 2025, and the shares trade on OTCQX.

Who is the broker listed for the proposed HZEN sale?

The filing lists Canaccord Genuity Inc. as the broker.

How and when were the securities to be sold originally acquired?

They were acquired on August 7, 2018 in a privately negotiated transaction for cash.

How many HZEN shares are outstanding per the filing?

The table notes 11,425,100 shares outstanding.

Were there recent sales disclosed for HZEN in the past three months?

Yes. The filing reports a sale of 19,765 units on July 31, 2025 for $14,987.00 by Barry E. Silbert.