secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0000950170-22-019369
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust: Share holding period reduced to 6 months; 706,993 shares freely tradable
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017022019369/0000950170-22-019369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017022019369/gxlm-20221003.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019369

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