---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-101657"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:32:04.749005+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barry Silbert returns as Chairman of Grayscale board; management team expanded

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-101657
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017025101657/0000950170-25-101657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017025101657/gxlm-20250804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-101657
- JSON: https://secwatch.observer/filing/0000950170-25-101657.json
- Plain text: https://secwatch.observer/filing/0000950170-25-101657.txt

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