---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-072829"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:25:52.683423+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust sponsor board changes: Silbert and Murphy resign, Shifke appointed Chairman

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-072829
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017023072829/0000950170-23-072829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017023072829/gxlm-20231226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-072829
- JSON: https://secwatch.observer/filing/0000950170-23-072829.json
- Plain text: https://secwatch.observer/filing/0000950170-23-072829.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.