Welcome to our dedicated page for Grayscale Horizen Trust SEC filings (Ticker: HZEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Grayscale Horizen Trust (ZEN) filings document formal updates for a Grayscale-sponsored digital-asset trust with HZEN shares registered under Section 12(g). Recent 8-K disclosures cover amendments to the Amended and Restated Declaration of Trust and Trust Agreement, including a fiscal year-end change, sponsor-level governance and corporate reorganization matters, director-related changes, social media and cashtag disclosure practices, and risk discussion related to ZEN token treatment under federal securities laws.
The filings also identify Grayscale Investments Sponsors, LLC as the Sponsor and describe material events affecting the trust’s administration, share registration, and governance framework.
HZEN filed a Form 144 indicating a proposed sale of 4,914 common shares. The filing lists an aggregate market value of $5,847.66, with sales to be executed through Canaccord Genuity Inc. on the OTCQX, with an approximate sale date of 10/24/2025. The issuer’s common shares outstanding are shown as 11,425,100.
The notice also reports recent sales during the past three months by the same holder, including 13,734 shares on 08/01/2025 for $10,025.82 and 9,367 shares on 07/31/2025 for $7,493.60.
Grayscale Horizen Trust (HZEN) reported an internal corporate reorganization of its sponsor’s parent entities. On October 22, 2025, Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC (GSO), which remains the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Trust.
DCG Grayscale Holdco, LLC elected a new board of directors at Grayscale Investments—Barry Silbert (Chair), Mark Shifke, Simon Koster, Peter Mintzberg, and Edward McGee—the same members who served at GSOIH prior to the reorganization. The Trust stated it does not expect the reorganization to have any material impact on its operations.
Grayscale Horizen Trust (HZEN) reported a governance change at its sponsor’s parent entity. On October 13, 2025, GSO Intermediate Holdings Corporation, the sole managing member of Grayscale Operating, LLC and sole member of Grayscale Investments Sponsors, LLC, said that Matthew Kummell stepped down from its Board and Simon Koster was appointed as a Director.
Mr. Koster is Chief Strategy Officer at Digital Currency Group, where he leads investments across a portfolio of digital assets, subsidiaries, and more than 250+ early‑stage companies in over 35 nations. He previously led DCG’s real estate efforts and held senior roles at The Collective and JDS Development Group. He serves on the boards of Foundry, Luno, Fortitude, and Yuma, each affiliated with Grayscale.