{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-001123","form_type":"8-K","ticker":"GXLM","cik":"0001761325","company_name":"Grayscale Stellar Lumens Trust (XLM)","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.772114+00:00","generated_at":"2026-05-28T14:56:35.891341+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Sponsor of Grayscale Stellar Lumens Trust reorganized; GSIS becomes new sponsor after 120-day transition","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-001123","json":"https://secwatch.observer/filing/0000950170-25-001123.json","markdown":"https://secwatch.observer/filing/0000950170-25-001123.md","text":"https://secwatch.observer/filing/0000950170-25-001123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761325/000095017025001123/0000950170-25-001123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761325/000095017025001123/gxlm-20250101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T14:56:35.891341+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}