{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-239013","form_type":"8-K","ticker":"GXLM","cik":"0001761325","company_name":"Grayscale Stellar Lumens Trust (XLM)","filed_at":"2025-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.359979+00:00","generated_at":"2026-05-17T03:56:36.606335+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Grayscale Stellar Lumens Trust sponsor board: Kummell departs, Koster appointed","bullets":["Matthew Kummell stepped down as Director of GSOIH Board, effective October 13, 2025.","Simon Koster appointed as Director of GSOIH Board on October 13, 2025.","Koster is Chief Strategy Officer at Digital Currency Group, managing DCG's digital asset portfolio and over 250 early-stage companies.","Koster also serves on boards of Foundry (2023), Luno (2023), Fortitude (2024), and Yuma (2025), all affiliates of Grayscale.","No compensatory arrangements or other material changes disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-239013","json":"https://secwatch.observer/filing/0001193125-25-239013.json","markdown":"https://secwatch.observer/filing/0001193125-25-239013.md","text":"https://secwatch.observer/filing/0001193125-25-239013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761325/000119312525239013/0001193125-25-239013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761325/000119312525239013/gxlm-20251013.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:56:36.606335+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"}