---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-248731"
form_type: "8-K/A"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:32:38.398651+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust shareholders approve four trust agreement amendments via consent

## Summary
- Proposal 1 (alternative creation/redemption of Baskets) approved with 97.74% consent.
- Proposal 2 (Sponsor's Fee payable daily in arrears) approved with 97.20% consent.
- Proposal 3 (omnibus accounts for trust estate) approved with 97.69% consent.
- Proposal 4 (Sponsor ability to amend with 20-day notice) approved with 95.94% consent.
- Consent solicitation concluded on Oct 15, 2025; amendments to be implemented later.

## SEC filing metadata
- accession: 0001193125-25-248731
- form_type: 8-K/A
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000119312525248731/0001193125-25-248731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000119312525248731/gxlm-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-248731
- JSON: https://secwatch.observer/filing/0001193125-25-248731.json
- Plain text: https://secwatch.observer/filing/0001193125-25-248731.txt

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