{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-236069","form_type":"8-K","ticker":"GXLM","cik":"0001761325","company_name":"Grayscale Stellar Lumens Trust (XLM)","filed_at":"2025-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.359855+00:00","generated_at":"2026-05-17T04:13:36.855524+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Grayscale Stellar Lumens Trust enters Prime Broker Agreement with Coinbase, effective upon NYSE Arca uplisting","bullets":["Prime Broker Agreement with Coinbase entities becomes effective upon Trust's uplisting to NYSE Arca.","Custodian Coinbase Custody holds XLM in cold storage vault balance; settlement balance may be in omnibus hot/cold wallets.","Custodian liability capped at $100M per cold storage address; aggregate liability limited to greater of 12-month fees or $5M.","Sponsor pays annualized fee based on monthly AUM and monthly fee for creation/redemption activity."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-236069","json":"https://secwatch.observer/filing/0001193125-25-236069.json","markdown":"https://secwatch.observer/filing/0001193125-25-236069.md","text":"https://secwatch.observer/filing/0001193125-25-236069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761325/000119312525236069/0001193125-25-236069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761325/000119312525236069/gxlm-20251003.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:13:36.855524+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"}