Barry Silbert to sell 32,466 Horizen (OTCQX: HZEN) shares

Rhea-AI Filing Summary

Barry Silbert filed a notice of proposed sale of 32,466 common shares of Grayscale Horizen Trust (HZEN). The shares are to be sold through broker Canaccord with an aggregate market value of $39,284.00, based on the information in the filing. The filing notes that 11,425,100 shares of this class were outstanding and lists an approximate sale date of 01/23/2026 on the OTCQX market.

The notice discloses that Silbert previously acquired shares in privately negotiated transactions from the issuer on 08/07/2018 (24,755 securities) and 12/16/2020 (530,410 securities), both paid in USD. It also reports a separate sale by Silbert of 27,006 Grayscale Horizen Trust securities during the past three months on 10/27/2025, with gross proceeds of $49,115.00.

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

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	Canaccord 535 Madison ave New York NY 10022	32466	39284.00	11425100	01/23/2026	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	08/07/2018	privately negotiated transaction	issuer			24755	08/07/2018	USD
common	12/16/2020	privately negotiated transaction	issuer			530410	12/16/2020	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 222 Purchase St Rye NY 10580	Grayscale Horizen Trust	10/27/2025	27006	49115.00

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 filing for HZEN disclose?

The filing states that Barry Silbert intends to sell 32,466 common shares of Grayscale Horizen Trust (HZEN) through broker Canaccord on or around 01/23/2026 on the OTCQX market.

How many HZEN shares is Barry Silbert planning to sell and what is their market value?

The notice covers a proposed sale of 32,466 common shares with an aggregate market value of $39,284.00, as indicated in the securities information table.

How many Grayscale Horizen Trust shares are outstanding according to this filing?

The document reports that 11,425,100 shares of the relevant class of Grayscale Horizen Trust securities were outstanding at the time referenced.

When and how did Barry Silbert originally acquire the HZEN securities referenced?

The filing shows acquisitions via privately negotiated transactions from the issuer on 08/07/2018 for 24,755 securities and on 12/16/2020 for 530,410 securities, both paid in USD.

Has Barry Silbert sold other Grayscale Horizen Trust securities recently?

Yes. The filing lists a prior sale during the past three months of 27,006 Grayscale Horizen Trust securities on 10/27/2025, generating gross proceeds of $49,115.00.

On which market and through which broker are the HZEN shares expected to be sold?

The proposed sale of 32,466 common shares is to be executed on the OTCQX market through broker Canaccord, whose address is given as 535 Madison Ave, New York, NY 10022.