{"filings":[{"id":1416278,"accession_number":"0001720265-26-000003","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2026-07-02T20:38:53+00:00","items":["5.02"],"status":"ready","headline":"Grayscale Zcash Trust CFO Edward McGee steps down; Masci and Plourde named interim co-CFOs","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 (SVP Finance since Jan 2026) and Daniel Plourde (SVP Finance since Jan 2026) appointed interim Co-CFOs; Masci also becomes Principal Financial and Accounting Officer and Board member.","Masci is a CPA with experience at Ernst & Young, Pzena, and Garrison Capital; Plourde has 20+ years in financial services including Gabelli and State Street.","McGee leaves on good terms after 7 years; no disagreement with company."],"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":21910000.0,"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":107729,"accession_number":"0001193125-26-124064","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2026-03-25T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust to switch ZEC valuation index to CoinDesk Zcash Benchmark Rate effective April 1, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective April 1, 2026, Trust will value ZEC using CoinDesk Zcash Benchmark Rate instead of CoinDesk Zcash Price Index (ZCX).","Constituent trading platforms for new benchmark: Binance, Gemini, Kraken, OKX.","New index uses volume-weighted real-time price with outlier detection, inactivity adjustment, and manipulation resistance.","If benchmark is unavailable, cascading fallback: Coin Metrics Real-Time Rate, principal market price, then Sponsor's best judgment.","Shareholders will be notified of material methodology changes in periodic or current reports."],"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":21910000.0,"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":107728,"accession_number":"0001193125-26-100136","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Grayscale Zcash Trust shareholders approve trust amendments allowing cash creations, daily fee accrual","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved four proposals with 97.94% to 99.72% consent by March 3, 2026.","Trust may now create/redeem baskets for cash instead of only in-kind ZEC transfers.","Sponsor's Fee will be paid daily in arrears; omnibus accounts authorized for custodian.","Sponsor gains ability to make certain amendments with 20-day notice and tax conditions.","Second Amended and Restated Trust Agreement executed March 9, 2026, incorporating changes."],"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":21910000.0,"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":124096,"accession_number":"0001193125-25-330977","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust removes Bitfinex from price index due to liquidity failure","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Dec 21, 2025, Bitfinex removed from CoinDesk Zcash Price Index for failing minimum liquidity requirement.","No new trading platforms added in the quarterly review; remaining constituents: Coinbase, Kraken, Gemini.","Index Provider may change constituents at any time; next scheduled quarterly review will assess criteria.","Trust's share value is derived from the Index Price, making index composition material to net asset value."],"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":21910000.0,"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":124095,"accession_number":"0001193125-25-306865","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-12-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust warns investors about cashtag-linked third-party content on X","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Grayscale Zcash Trust (ZEC) filed 8-K cautioning that cashtags on X link to unauthorized third-party content.","Company states it does not control, endorse, or assume responsibility for information displayed on X-generated pages.","Investors advised to rely on Grayscale's SEC filings for authoritative information."],"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":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":21910000.0,"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":124094,"accession_number":"0001193125-25-249952","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-10-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust sponsor reorganized; same board, no material impact","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["GSOIH transferred managing member rights to Grayscale Investments, Inc., effective Oct 22, 2025.","Grayscale Investments is now sole managing member of GSO, sole member of the Sponsor.","Board of Grayscale Investments comprises Barry Silbert, Mark Shifke, Simon Koster, Peter Mintzberg, Edward McGee.","Grayscale Investments, GSOIH, GSO, and GSIS are all consolidated subsidiaries of Digital Currency Group, Inc.","Sponsor states reorganization expected to have no material impact on the Trust's operations."],"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":21910000.0,"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":124093,"accession_number":"0001193125-25-239011","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Grayscale Zcash Trust sponsor appoints Simon Koster as Director, replacing Matthew Kummell","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Kummell stepped down as Director of GSOIH, the sole managing member of Grayscale Operating, LLC, effective October 13, 2025.","Simon Koster appointed as Director of GSOIH on October 13, 2025; Koster is Chief Strategy Officer at Digital Currency Group (DCG).","Koster manages DCG's portfolio of digital assets and over 250 early-stage companies globally.","Koster has served on boards of Foundry and Luno since 2023, Fortitude since 2024, and Yuma since 2025, all affiliated with 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":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":21910000.0,"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":124092,"accession_number":"0001193125-25-230061","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-10-03T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 52,300 shares at NAV, raising $250,545 from accredited investors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Trust issued 52,300 shares to accredited investors under Rule 506(c) at NAV-based prices.","Aggregate consideration received was $250,545 (4,289.95115626 ZEC).","Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.","Shares outstanding now total 4,811,500 as of October 3, 2025.","Private placement exempt from registration under Securities Act Section 4(a)(2) and Rule 506(c)."],"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":21910000.0,"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":140758,"accession_number":"0000950170-25-101655","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Grayscale Zcash Trust sponsor appoints Barry Silbert as Chairman, expands management team","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barry Silbert appointed Chairman of Grayscale Investments Sponsors; Mark Shifke steps down as Chairman but remains Director.","Four senior executives join: Diana Zhang (COO), Ramona Boston (CMO), Andrea Williams (CCO), Maxwell Rosenthal (CHRO).","Board may be expanded to include independent directors.","Grayscale manages over $35 billion in AUM across 40+ products."],"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":21910000.0,"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":158499,"accession_number":"0000950103-25-004592","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","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 COO effective May 6, 2025; Hugh Ross steps down","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Diana Zhang named Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.","Zhang succeeds Hugh Ross, who served as COO since 2021; Ross will assist transition until May 31, 2025.","Zhang previously held executive roles at Bridgewater Associates (Deputy to co-CEO, COO of Investment Research) and BlockTower Capital.","Zhang will report to CEO Peter Mintzberg; appointment approved by GSO Intermediate Holdings Corporation.","Ross oversaw launch of first digital asset exchange-traded products during tenure."],"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":21910000.0,"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":176884,"accession_number":"0000950170-25-043257","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-03-21T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 74,200 shares for ~$293k in private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 74,200 shares to accredited investors via Rule 506(c) at NAV-based prices.","Gross proceeds of 6,185.50 ZEC, valued at $293,065; no underwriting discounts paid.","Total shares outstanding reach 4,759,200 as of March 21, 2025.","Grayscale Securities acted as Authorized Participant and deemed underwriter for the distribution."],"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":21910000.0,"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":176883,"accession_number":"0000950170-25-001142","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2025-01-03T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Grayscale Zcash Trust sponsor reorganized; GSO assigns contracts to GSIS, will withdraw in 120 days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On Jan 1, 2025, Grayscale Investments (GSI) merged into Grayscale Operating (GSO); GSO is surviving entity.","GSO assigned all sponsor contracts to new entity Grayscale Investments Sponsors (GSIS) effective same day.","GSO voluntarily withdrew as sponsor on Jan 3, 2025, effective after 120-day notice period; GSIS will be sole sponsor.","Filing states the reorganization is not expected to materially impact Trust operations or sponsor obligations."],"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":21910000.0,"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":193685,"accession_number":"0000950170-24-140395","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-12-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust index adds Gemini as trading platform; no removals in quarterly review","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CoinDesk Indices added Gemini to the CoinDesk Zcash Price Index (ZCX) effective Dec 22, 2024.","No trading platforms were removed in this scheduled quarterly review.","Index now comprises Coinbase, Kraken, Bitfinex, and Gemini.","Gemini was added after meeting the Index Provider's minimum liquidity requirement."],"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":21910000.0,"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":193684,"accession_number":"0000950170-24-129233","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 61,300 shares for ~$200k in ZEC via private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 61,300 shares to accredited investors under Rule 506(c) for 5,137.69 ZEC (~$200,164).","No underwriting discounts or commissions paid to Grayscale Securities as Authorized Participant.","Total outstanding shares now 4,685,000 as of Nov 20, 2024.","Grayscale Securities acted as distributor 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":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":21910000.0,"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":193683,"accession_number":"0000950170-24-117411","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-10-25T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 55,700 new shares in private placement raising $175,460","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 55,700 shares to accredited investors in private placements under Rule 506(c) since last 8-K.","Aggregate proceeds: 4,677.02 ZEC (~$175,460); no underwriting fees paid.","Total shares outstanding now 4,623,700 as of October 25, 2024.","Grayscale Securities acted as Authorized Participant and may be deemed an underwriter.","Routine capital raise; shares issued at NAV per share."],"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":21910000.0,"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":193682,"accession_number":"0000950170-24-111412","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 54,400 shares in private placement for $149,745 in ZEC","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Issued 54,400 Shares at NAV-based prices to accredited investors under Rule 506(c).","Aggregate consideration: 4,582.11548772 ZEC ($149,745).","Total shares outstanding: 4,568,000 as of October 2, 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":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":21910000.0,"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":209994,"accession_number":"0000950170-24-088574","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"CoinDesk Indices changes Zcash price index constituents: adds Bitfinex, removes Gemini","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective July 28, 2024, Bitfinex added to CoinDesk Zcash Price Index (ZCX); Gemini removed.","Index now includes Coinbase, Kraken, and Bitfinex as constituent trading platforms.","Quarterly reviews may add/remove platforms based on liquidity criteria."],"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":21910000.0,"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":209993,"accession_number":"0000950170-24-081498","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-07-03T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 113,500 shares in private placement for $200,053 of ZEC","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Issued 113,500 shares at NAV to accredited investors in Rule 506(c) offering.","Raised 9,604.09964300 ZEC, equivalent to $200,053.","Total shares outstanding now 4,513,600 as of July 3, 2024.","Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.","Shares created periodically; Grayscale Securities 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":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":21910000.0,"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":228204,"accession_number":"0000950170-24-071857","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-06-11T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust issues 46,800 shares for $100,210 in private placement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Trust sold 46,800 shares to accredited investors in a private placement under Rule 506(c).","Total consideration of 3,968.1833 ZEC, equivalent to approximately $100,210.","Outstanding shares increased to 4,400,100 as of June 11, 2024.","Grayscale Securities acted as Authorized Participant; no underwriting fees paid.","Periodic share creation may cause Grayscale Securities to 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":21910000.0,"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":228203,"accession_number":"0000950170-24-063475","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-05-22T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Grayscale Zcash Trust sells 136,700 shares in private placement for $275k","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 136,700 shares to accredited investors under Rule 506(c) at NAV-based prices.","Aggregate consideration: 11,600.90 ZEC ($275,077).","Total shares outstanding: 4,353,300 as of May 22, 2024.","No underwriting discounts or commissions paid to Grayscale Securities."],"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":21910000.0,"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":228202,"accession_number":"0000950103-24-006877","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Grayscale Zcash Trust sponsor appoints Peter Mintzberg as CEO, effective Aug 15","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Mintzberg appointed CEO of Grayscale Investments, effective August 15, 2024; will join board.","Michael Sonnenshein steps down immediately; CFO Edward McGee to serve as interim principal executive officer.","Mintzberg joins from Goldman Sachs (Global Head of Strategy for Asset & Wealth Management); prior roles at BlackRock, Invesco.","Sonnenshein led Grayscale from $60M to ~$30B AUM and secured spot Bitcoin ETF uplisting.","CEO transition is planned; Mintzberg brings over 20 years of asset management experience."],"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":21910000.0,"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":246951,"accession_number":"0000950170-24-035637","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-03-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Grayscale Zcash Trust amends definition of Business Day to national securities exchanges closed","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment No. 3 changes Business Day from bank holidays to when national securities exchanges are closed in New York.","Effective March 22, 2024, per filing by Grayscale Investments as Sponsor and Delaware Trust Company as Trustee.","The change is procedural; no financial impact disclosed, no impact on Trust operations or shareholder rights."],"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":21910000.0,"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":246950,"accession_number":"0000950170-24-027135","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2024-03-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Grayscale Zcash Trust dismisses Marcum, appoints KPMG as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee approved dismissal of Marcum LLP effective March 1, 2024.","Marcum's reports for fiscal 2022 and 2023 had no adverse opinion; emphasis of matter on digital assets investments.","No disagreements on accounting principles, disclosure, or audit scope with Marcum.","KPMG LLP engaged as independent auditor for fiscal year ending December 31, 2024.","No prior consultations with KPMG on accounting or audit matters."],"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":21910000.0,"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":264383,"accession_number":"0000950170-23-072830","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2023-12-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust sponsor board: Silbert, Murphy resign; Shifke appointed Chairman, effective Jan 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Barry E. Silbert and Mark Murphy resigned from the board of Grayscale Investments, LLC, effective January 1, 2024.","Mark Shifke (CFO of DCG) appointed Chairman; Matthew Kummell and Edward McGee appointed as directors.","Board now consists of Shifke, Kummell, Michael Sonnenshein, and McGee; officer authority retained.","Shifke brings CFO experience from Billtrust, Green Dot, and roles at JPMorgan, Goldman Sachs, and KPMG."],"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":21910000.0,"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":300528,"accession_number":"0000950170-23-029640","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Grayscale Zcash Trust extends index license agreement with CoinDesk Indices to Feb 2025","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Index License Agreement extended from Feb 29, 2024 to Feb 28, 2025.","Amendment updates operational milestones and renames index provider from TradeBlock to CDI.","Specific financial terms (fees, discounts) redacted as confidential and not material."],"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":21910000.0,"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":300527,"accession_number":"0000950170-23-017503","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"CoinDesk removes Binance.US from Zcash Price Index; Grayscale Zcash Trust uses Coinbase Pro, Gemini, Kraken","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective April 29, 2023, Binance.US removed from CoinDesk Zcash Price Index due to failing minimum liquidity requirement.","No new exchange added; remaining constituent exchanges are Coinbase Pro, Gemini, and Kraken.","Index Provider may adjust trading venues at any time and conducts quarterly reviews for additions/removals.","This change directly impacts the index used to derive the Trust's net asset value."],"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":21910000.0,"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":320526,"accession_number":"0000950170-23-001651","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust adds Gemini to index price calculation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CoinDesk Indices added Gemini as a constituent exchange for the CoinDesk Zcash Price Index effective Jan 28, 2023.","No exchanges were removed during the scheduled quarterly review.","Index now includes Coinbase Pro, Binance.US, Gemini, and Kraken.","Changes may affect the Trust's net asset value calculation going forward."],"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":21910000.0,"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":338677,"accession_number":"0000950170-22-019370","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2022-10-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Grayscale Zcash Trust reduces Rule 144 holding period from 1 year to 6 months","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Minimum holding period for Shares purchased from Trust reduced from one year to six months as of Oct 3, 2022.","Trigger: Trust has been subject to Exchange Act reporting for 90 days since July 5, 2022.","As of Oct 3, 2022, 3,063,485 Shares (81% of 3,777,700 total) are freely tradable and unrestricted.","Shares purchased prior to April 3, 2022 now also eligible under the six-month holding period."],"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":21910000.0,"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":338676,"accession_number":"0000950170-22-019171","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["1.01","1.02","9.01"],"status":"ready","headline":"Grayscale Zcash Trust replaces distributor and AP: Grayscale Securities in, Genesis out","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Oct 3, 2022, Grayscale Securities becomes the Trust's distributor, marketer, and sole authorized participant.","Genesis is terminated as distributor and authorized participant but continues as a liquidity provider.","Grayscale Securities is a wholly-owned subsidiary of the Sponsor (Grayscale Investments).","Participant Agreement allows Grayscale Securities to engage liquidity providers (including Genesis) to source Zcash for share creations."],"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":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":21910000.0,"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":356026,"accession_number":"0000950170-22-019038","cik":1720265,"company_name":"Grayscale Zcash Trust (ZEC)","ticker":"ZCSH","form_type":"8-K","filed_at":"2022-09-29T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Grayscale Zcash Trust replaces Friedman LLP with Marcum LLP as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Friedman LLP's audit practice combined with Marcum LLP effective Sept 1, 2022.","Audit committee approved Friedman's dismissal and Marcum's engagement on Sept 27, 2022.","No disagreements with Friedman on accounting principles, disclosure, or audit scope.","Friedman's reports on 2021 and 2020 had no adverse opinion except an emphasis-of-matter on digital asset investments.","Trust did not consult Marcum on any accounting 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":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":21910000.0,"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}