{"filings":[{"id":1416239,"accession_number":"0001761325-26-000004","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2026-07-02T20:37:54+00:00","items":["5.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust appoints co-CFOs as Edward McGee steps down","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Edward McGee resigns as CFO, Principal Financial and Accounting Officer, and Board member effective July 2, 2026, for personal reasons.","Kathryn Masci and Daniel Plourde appointed interim Co-Chief Financial Officers; Masci also becomes Principal Financial and Accounting Officer and Board member.","Masci has been with Grayscale since 2020, most recently SVP Finance; Plourde joined in 2022, previously at Gabelli and State Street.","McGee leaves on good terms after 7 years; no disagreement with company operations or policies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108194,"accession_number":"0001193125-26-022657","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust changes index constituents; Binance added, Bitfinex removed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Index Provider added Binance (XLM-USDC) and removed Bitfinex (XLM-USD) effective Jan 20, 2026.","Constituent platforms for XLM-USD: Bitstamp, Crypto.com, Kraken, OKX; XLM-USDC: Binance, Bybit.","Change resulted from scheduled monthly review; Binance met inclusion criteria, Bitfinex did not.","Index is used to calculate Trust's NAV; update may slightly impact pricing methodology."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124635,"accession_number":"0001193125-25-306870","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-12-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust disclaims responsibility for third-party content on X cashtag pages","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Grayscale uses cashtags ($GXLM) on X; X auto-creates third-party hyperlinks.","Grayscale does not control, endorse, or verify any third-party content on those pages.","Investors should rely only on Grayscale's SEC filings for authoritative information.","Disclosure aims to prevent reliance on potentially inaccurate market data or commentary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124634,"accession_number":"0001193125-25-291398","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-11-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust (XLM) index removes itBit as constituent trading platform","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CoinDesk Indices removed itBit (XLM-USD pair) from the XLM CCIXber Reference Rate effective Nov 18, 2025.","Removal due to itBit failing to meet the Index Provider’s conditions for inclusion; no new platforms added.","Remaining XLM-USD constituent platforms: Bitfinex, Bitstamp, Crypto.com, Kraken, OKX.","XLM-USDC constituent platform: Bybit. Index may change in future monthly reviews."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124633,"accession_number":"0001193125-25-249956","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-10-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Sponsor of Grayscale Stellar Lumens Trust completed internal corporate reorganization effective Oct 22, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["GSOIH transferred its GSO membership units to newly formed Grayscale Investments, which became sole managing member of GSO.","Board of Grayscale Investments elected with five members: Barry Silbert (Chair), Mark Shifke, Simon Koster, Peter Mintzberg, Edward McGee.","No material impact on the operations of the Grayscale Stellar Lumens Trust is expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124629,"accession_number":"0001193125-25-248731","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K/A","filed_at":"2025-10-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Grayscale Stellar Lumens Trust shareholders approve four trust agreement amendments via consent","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal 1 (alternative creation/redemption of Baskets) approved with 97.74% consent.","Proposal 2 (Sponsor's Fee payable daily in arrears) approved with 97.20% consent.","Proposal 3 (omnibus accounts for trust estate) approved with 97.69% consent.","Proposal 4 (Sponsor ability to amend with 20-day notice) approved with 95.94% consent.","Consent solicitation concluded on Oct 15, 2025; amendments to be implemented later."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124632,"accession_number":"0001193125-25-245113","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Grayscale Stellar Lumens Trust shareholders approve four trust agreement amendments with >95% consent","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal 1 (alternative creation/redemption procedures) approved: 97.74% consent.","Proposal 2 (Sponsor's Fee payable daily in arrears) approved: 97.21% consent.","Proposal 3 (omnibus accounts for creation/redemption) approved: 97.69% consent.","Proposal 4 (amendments with 20-day notice) approved: 95.94% consent.","Consent solicitation concluded on October 15, 2025; amendments effective upon execution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124631,"accession_number":"0001193125-25-239013","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust sponsor board: Kummell departs, Koster appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Kummell stepped down as Director of GSOIH Board, effective October 13, 2025.","Simon Koster appointed as Director of GSOIH Board on October 13, 2025.","Koster is Chief Strategy Officer at Digital Currency Group, managing DCG's digital asset portfolio and over 250 early-stage companies.","Koster also serves on boards of Foundry (2023), Luno (2023), Fortitude (2024), and Yuma (2025), all affiliates of Grayscale.","No compensatory arrangements or other material changes disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124630,"accession_number":"0001193125-25-236069","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-10-09T23:59:59+00:00","items":["1.01","1.02","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust enters Prime Broker Agreement with Coinbase, effective upon NYSE Arca uplisting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Prime Broker Agreement with Coinbase entities becomes effective upon Trust's uplisting to NYSE Arca.","Custodian Coinbase Custody holds XLM in cold storage vault balance; settlement balance may be in omnibus hot/cold wallets.","Custodian liability capped at $100M per cold storage address; aggregate liability limited to greater of 12-month fees or $5M.","Sponsor pays annualized fee based on monthly AUM and monthly fee for creation/redemption activity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141311,"accession_number":"0001193125-25-220469","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-09-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust changes valuation index to CoinDesk XLM CCIXber Reference Rate as of Oct 1, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Oct 1, 2025, NAV will be based on CoinDesk XLM CCIXber Reference Rate, replacing CoinDesk Stellar Lumens Index (XLMX).","New index uses volume-weighted real-time price from centralized spot platforms (e.g., Crypto.com, Kraken, LMAX Digital, Bitstamp).","Constituent platforms must meet IOSCO-guided criteria including US or UK/EU/HK/SG licensure and sufficient USD/USDC liquidity.","Index algorithm includes outlier detection (+/-5% price deviation) and inactivity de-weighting to limit manipulation impact.","If index unavailable, sponsor will cascade to Coin Metrics Real-Time Rate, then principal market price, then good-faith estimate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141310,"accession_number":"0001193125-25-206291","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-09-17T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 15,000 shares in private placement for ~$534,986","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 15,000 shares to accredited investors under Rule 506(c) at varying NAV-based prices.","Aggregate consideration: 1,283,889.5114356 XLM, equivalent to $534,986.","Total shares outstanding as of Sept 17, 2025: 1,389,200.","No underwriting discounts or commissions paid to Grayscale Securities.","Grayscale Securities acted as Authorized Participant in the private placement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141309,"accession_number":"0000950170-25-101657","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Barry Silbert returns as Chairman of Grayscale board; management team expanded","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barry Silbert appointed Chairman of Grayscale Board, replacing Mark Shifke who remains as Director.","Four new management hires: Diana Zhang (COO), Ramona Boston (CMO), Andrea Williams (CCO), Maxwell Rosenthal (CHRO).","Grayscale managing over $35B in AUM across more than 3 dozen products.","Board considering addition of independent directors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159124,"accession_number":"0000950103-25-004589","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-04-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Grayscale appoints Diana Zhang as new COO, succeeding Hugh Ross","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Diana Zhang appointed COO effective May 6, 2025, reporting to CEO Peter Mintzberg.","Zhang has 18+ years experience, former COO of BlockTower Capital and executive at Bridgewater.","Hugh Ross steps down after serving as COO since 2021; will assist transition until May 31.","Zhang will oversee strategy, operations, and business development at Grayscale."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177576,"accession_number":"0000950170-25-001123","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2025-01-03T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Sponsor of Grayscale Stellar Lumens Trust reorganized; GSIS becomes new sponsor after 120-day transition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Grayscale Investments, LLC merged into Grayscale Operating, LLC on Jan 1, 2025, as internal reorganization.","Sponsor contracts assigned to new entity Grayscale Investments Sponsors, LLC (GSIS).","GSO will withdraw as sponsor after 120 days; GSIS will become sole sponsor.","Additional Sponsor admitted under Trust Agreement; no material impact on operations expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194284,"accession_number":"0000950170-24-130210","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-11-22T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 20,100 Shares to accredited investors via private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 20,100 Shares at varying NAV-based prices for an aggregate of 1,732,154.78 XLM ($333,048).","Total shares outstanding as of Nov 22, 2024: 1,374,200 Shares.","Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.","Sales exempt from registration under Rule 506(c) of Regulation D to accredited investors only."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194283,"accession_number":"0000950170-24-119515","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust adds Crypto.com to index pricing platforms","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Crypto.com added to CoinDesk Lumens Price Index (XLMX) effective Oct 27, 2024, after meeting liquidity requirements.","No Constituent Trading Platforms removed; index now includes Coinbase, Kraken, Bitstamp, and Crypto.com.","Change announced by Index Provider as part of scheduled quarterly review.","Index Provider may change trading venues or calculation methods at any time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194282,"accession_number":"0000950170-24-118224","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 61,100 shares, raising $500K in private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 61,100 Shares at NAV-based prices for aggregate 5,274,342 XLM ($500,277).","Shares sold to accredited investors under Rule 506(c); no underwriter discounts paid.","Total shares outstanding increased to 1,354,100 as of October 29, 2024.","Grayscale Securities acted as Authorized Participant for the share creation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194281,"accession_number":"0000950170-24-116250","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 68,600 shares in private placement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Issued 68,600 Shares at NAV-based prices to accredited investors under Rule 506(c).","Aggregate consideration: 5,924,778 XLM (approx. $561,746).","Total shares outstanding as of Oct 22, 2024: 1,293,000.","Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194280,"accession_number":"0000950170-24-110819","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-10-01T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 76,000 Shares, raising ~$649K in unregistered offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 76,000 Shares to accredited investors in private placement under Rule 506(c).","Aggregate consideration: 6,574,134.8764865 XLM valued at $648,787.","Total shares outstanding now 1,224,400 as of October 1, 2024.","No underwriting discounts or commissions paid to Grayscale Securities.","Grayscale Securities acted as Authorized Participant and may be deemed an underwriter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210614,"accession_number":"0000950170-24-099491","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 25,300 Shares in private placement for $210,074","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 25,300 Shares to accredited investors at NAV-based prices under Rule 506(c).","Aggregate consideration: 2,194,142.98 XLM valued at $210,074.","Total shares outstanding increased to 1,148,400 as of August 21, 2024.","Grayscale Securities acted as Authorized Participant; no underwriting discounts paid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210613,"accession_number":"0000950170-24-086015","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-07-24T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 11,700 shares in private placement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Issued 11,700 shares at varying NAV-based prices to accredited investors under Rule 506(c).","Aggregate proceeds of 1,017,251 XLM (approx. $100,633) received.","Total shares outstanding now 1,123,100 as of July 24, 2024.","No underwriting discounts or commissions paid; Grayscale Securities acted as Authorized Participant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228963,"accession_number":"0000950170-24-076690","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 16,700 Shares for $141K private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 16,700 shares at NAV to accredited investors in a Rule 506(c) private placement.","Aggregate consideration: 1,454,179.76 XLM (approx. $141,308).","Total shares outstanding as of June 24, 2024: 1,111,400.","No underwriting discounts or commissions paid to Authorized Participant Grayscale Securities.","Trust notes periodic creations may be deemed a distribution under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228962,"accession_number":"0000950170-24-072433","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 25,500 shares for $225,904 in private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 25,500 Shares at varying prices based on NAV to accredited investors under Rule 506(c).","Aggregate consideration: 2,222,070.4971047 XLM, valued at $225,904.","Total outstanding shares now 1,094,700 as of June 12, 2024.","Grayscale Securities acted as Authorized Participant; no underwriting discounts paid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228961,"accession_number":"0000950170-24-067961","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-06-03T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 19,800 shares for $185,588 in private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 19,800 shares to accredited investors under Rule 506(c) at NAV-based prices.","Aggregate consideration: 1,726,677.3547714 XLM ($185,588).","Total shares outstanding as of June 3, 2024: 1,069,200.","Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.","Shares are created periodically; the distributor may be deemed an underwriter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228960,"accession_number":"0000950170-24-063477","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-05-22T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Stellar Lumens Trust issues 16,000 Shares to accredited investors for $150,805 in XLM","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 16,000 Shares at NAV-based prices to accredited investors via Rule 506(c) private placement.","Aggregate consideration: 1,396,284.7629393 XLM (approx. $150,805).","Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions.","Total shares outstanding as of May 22, 2024: 1,049,400."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":228959,"accession_number":"0000950103-24-006876","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Grayscale Investments appoints Peter Mintzberg as CEO; Michael Sonnenshein steps down","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael Sonnenshein stepped down as CEO effective May 20, 2024, to pursue other interests.","Peter Mintzberg appointed CEO effective August 15, 2024, and will join the board.","Edward McGee, CFO, serves as interim principal executive officer until Mintzberg starts.","Mintzberg joins from Goldman Sachs as Global Head of Strategy for Asset and Wealth Management.","Mintzberg has over 20 years of leadership experience at BlackRock, OppenheimerFunds, and Invesco."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247591,"accession_number":"0000950170-24-035636","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-03-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust amends definition of Business Day in Trust Agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment No. 3 changed Business Day definition from bank closing days to days national securities exchanges are closed in New York.","The amendment was entered into on March 22, 2024 between Sponsor and Trustee.","This is a procedural change; no financial or operational impact disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247590,"accession_number":"0000950170-24-027134","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2024-03-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust dismisses Marcum LLP, appoints KPMG as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Marcum LLP dismissed as auditor effective after completion of FY2024 audit (Sep 30, 2024).","KPMG LLP appointed to audit Trust for fiscal year ending Sep 30, 2025.","No disagreements with Marcum on accounting principles or audit scope for FY2023 and FY2024.","Prior Marcum reports contained no adverse opinion; only emphasis of matter on digital assets.","Audit Committee approved the change on March 1, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":265048,"accession_number":"0000950170-23-072829","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2023-12-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust sponsor board changes: Silbert and Murphy resign, Shifke appointed Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barry E. Silbert and Mark Murphy resigned from sponsor's board effective Jan 1, 2024.","Mark Shifke appointed Chairman; Matthew Kummell and Edward McGee join board effective same date.","Board now consists of Shifke, Kummell, Michael Sonnenshein, and McGee.","Shifke is CFO of Digital Currency Group (DCG) with prior roles at JPMorgan, Goldman Sachs, and KPMG.","No financial terms or operational changes disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":301375,"accession_number":"0000950170-23-029621","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust extends index license with CoinDesk Indices through Feb 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Index License Agreement term extended from Feb 29, 2024 to Feb 28, 2025.","Amendment updates operational milestones (details redacted as non-material).","Defined term 'TradeBlock' replaced with 'CDI' in the agreement.","No financial terms disclosed; extension ensures continued Index Price calculation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":321199,"accession_number":"0000950170-23-001648","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust index price constituents updated: Binance.US removed, Kraken added","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Jan 28, 2023, CoinDesk Indices removed Binance.US from the XLMX Index due to insufficient liquidity.","Kraken added as a Constituent Exchange after meeting minimum liquidity requirement during quarterly review.","Current Index exchanges: Coinbase Pro, Bitstamp, and Kraken.","The Index Provider may change trading venues or calculation methodology at any time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":339318,"accession_number":"0000950170-22-023536","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust appoints Hugh Ross to Audit Committee, replacing Barry Silbert","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hugh Ross appointed to Audit Committee of Sponsor effective November 4, 2022.","Barry E. Silbert removed from Audit Committee; remains Chairman of Sponsor board.","Audit Committee now consists of Michael Sonnenshein, Edward McGee, and Hugh Ross.","Ross has been COO of Sponsor since Feb 2021; prior COO at Horizon Kinetics and VP at Goldman Sachs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":339317,"accession_number":"0000950170-22-019369","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2022-10-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust: Share holding period reduced to 6 months; 706,993 shares freely tradable","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective October 3, 2022, the Rule 144 holding period for Shares purchased from the Trust reduced from one year to six months.","Reduction follows the Trust being subject to Exchange Act Section 13 reporting for at least 90 days (since July 5, 2022).","As of October 3, 2022, 706,993 Shares are freely tradable out of 824,600 total issued and outstanding.","Total shares issued and outstanding unchanged since April 3, 2022 (824,600)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":339316,"accession_number":"0000950170-22-019177","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["1.01","1.02","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust names affiliate Grayscale Securities as distributor and authorized participant","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Oct 3, 2022, Grayscale Securities becomes sole distributor and marketer of Trust shares.","Grayscale Securities also becomes sole authorized participant, replacing Genesis Global Trading.","Prior distribution and participant agreements with Genesis terminated; Genesis continues as liquidity provider.","Grayscale Securities is a registered broker-dealer and wholly-owned subsidiary of the Sponsor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":356687,"accession_number":"0000950170-22-019035","cik":1761325,"company_name":"Grayscale Stellar Lumens Trust (XLM)","ticker":"GXLM","form_type":"8-K","filed_at":"2022-09-29T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Grayscale Stellar Lumens Trust replaces auditor Friedman LLP with Marcum LLP after practice combination","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Friedman LLP audit practice combined with Marcum LLP effective Sept 1, 2022; dismissal and engagement approved Sept 27, 2022.","Friedman's audit reports for fiscal years 2021 and 2020 contained no adverse opinion; emphasis of matter paragraph on digital asset investments noted.","No disagreements with Friedman on accounting principles, financial statement disclosure, or audit scope through Sept 27, 2022.","The Trust has not consulted Marcum on any accounting or auditing matters prior to engagement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8530000.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}