Grayscale Horizen Trust (OTCQX: HZEN) holder plans 12,489-share sale

Rhea-AI Filing Summary

Barry Silbert has filed a Form 144 to sell 12,489 common shares of Grayscale Horizen Trust. The planned sale, with an aggregate market value of $12,239.00, is to be executed through Capital Institutional Services, Inc. on the OTCQX, with an approximate sale date of 01/30/2026.

The securities were originally acquired in a privately negotiated transaction from the issuer on 08/10/2018, when 24,362 common units were purchased for cash. In the past three months, the same account sold 12,947 Grayscale Horizen Trust securities for $27,243.00, indicating ongoing disposition activity.

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

144: Filer Information

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

144: 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: 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	12489	12239.00	11425100	01/30/2026	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: 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	issuer			24362	08/10/2018	USD

* 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: 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 Silbert (PACIFIC PREMIER TRUST FBO BARRY SILBERT ROTH IRA) 222 Purchase St #283 Rye NY 10580	Grayscale Horizen Trust	11/05/2025	12947	27243.00

144: 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 Barry Silbert’s Form 144 for HZEN disclose?

The filing shows Barry Silbert’s Roth IRA intends to sell 12,489 common shares of Grayscale Horizen Trust on the OTCQX, with an aggregate market value of $12,239.00, under Rule 144 resale provisions for restricted or control securities.

How many Grayscale Horizen Trust shares are being proposed for sale?

The Form 144 indicates a proposed sale of 12,489 common shares of Grayscale Horizen Trust. These shares have an aggregate market value of $12,239.00 and are expected to be sold on or around 01/30/2026 through Capital Institutional Services, Inc.

On which market will the HZEN shares in this Form 144 be sold?

The planned sale is to occur on the OTCQX market. Capital Institutional Services, Inc., based in Dallas, Texas, is listed as the broker handling the transaction for the 12,489 common shares of Grayscale Horizen Trust.

When and how were the HZEN shares originally acquired?

The common shares were acquired on 08/10/2018 in a privately negotiated transaction directly from the issuer. The filing notes 24,362 securities were obtained, with payment made in USD on the same date as the acquisition.

What recent sales of Grayscale Horizen Trust securities has this account made?

During the past three months, the account sold 12,947 Grayscale Horizen Trust securities on 11/05/2025, generating gross proceeds of $27,243.00. This prior transaction is disclosed to show recent sale activity that must be aggregated under Rule 144.

How many Grayscale Horizen Trust shares are outstanding in this Form 144?

The filing lists 11,425,100 shares or units of Grayscale Horizen Trust outstanding. This figure provides context for the 12,489 common shares proposed for sale under Rule 144 in relation to the issuer’s total outstanding securities.