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

Rhea-AI Filing Summary

HZEN received an amended Form 144 notice for a proposed sale of restricted shares. A holder plans to sell up to 12,947 shares of common stock, with an aggregate market value of $27,586.17. The approximate sale date is 11/05/2025 on the OTCQX through Capital Institutional Services. The shares were originally acquired on 08/10/2018 in a privately negotiated, cash transaction from the issuer. As context, shares outstanding were 11,425,100. The filing also lists a sale during the past three months of 13,475 shares for gross proceeds of $10,080.00.

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	Capital Institutional Services, Inc. 1700 Pacific Avenue Suite 1100 Dallas TX 75201	12947	27586.17	11425100	11/05/2025	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	08/10/2018	Privately negotiated transaction	Purchased from issuer			12947	08/10/2018	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
PACIFIC PREMIER TRUST CUSTODIAN FBO BARRY SILBERT ROTH IRA 222 Purchase Street 283 Rye NY 10580	Common	11/05/2025	13475	10080.00

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 did HZEN disclose in this Form 144/A amendment?

An amended notice for a proposed sale of up to 12,947 common shares with an aggregate market value of $27,586.17, targeted for 11/05/2025 on the OTCQX.

Which broker is listed for the proposed HZEN share sale?

Capital Institutional Services, Inc., 1700 Pacific Avenue, Suite 1100, Dallas, TX 75201.

When and how were the HZEN shares to be sold originally acquired?

On 08/10/2018 via a privately negotiated transaction, purchased from the issuer for cash, amounting to 12,947 shares.

How many HZEN shares are outstanding, per the notice?

The notice states 11,425,100 shares outstanding.

Were any HZEN shares sold in the past three months by the same account?

Yes. The filing lists a sale of 13,475 shares on 11/05/2025 for $10,080.00 in gross proceeds.

On which exchange is the proposed HZEN sale intended?

OTCQX.