---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-100136"
form_type: "8-K"
ticker: "ZCSH"
cik: "0001720265"
company_name: "Grayscale Zcash Trust (ZEC)"
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T16:46:40.383330+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Grayscale Zcash Trust shareholders approve trust amendments allowing cash creations, daily fee accrual

## Summary
- Shareholders approved four proposals with 97.94% to 99.72% consent by March 3, 2026.
- Trust may now create/redeem baskets for cash instead of only in-kind ZEC transfers.
- Sponsor's Fee will be paid daily in arrears; omnibus accounts authorized for custodian.
- Sponsor gains ability to make certain amendments with 20-day notice and tax conditions.
- Second Amended and Restated Trust Agreement executed March 9, 2026, incorporating changes.

## SEC filing metadata
- accession: 0001193125-26-100136
- form_type: 8-K
- ticker: ZCSH
- cik: 0001720265
- company_name: Grayscale Zcash Trust (ZEC)
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720265/000119312526100136/0001193125-26-100136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720265/000119312526100136/zcsh-20260309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-100136
- JSON: https://secwatch.observer/filing/0001193125-26-100136.json
- Plain text: https://secwatch.observer/filing/0001193125-26-100136.txt

## Key facts
- Material Agreements
  Grayscale Zcash Trust (ZEC) entered into Second Amended and Restated Declaration of Trust and Trust Agreement with CSC Delaware Trust Company (effective 2026-03-09).
  - Action: entry
  - Counterparty: CSC Delaware Trust Company
  - Effective: 2026-03-09
  source text: On March 9, 2026, following approval of the Proposals (as defined below), Grayscale Investments Sponsors, LLC, the sponsor (the “Sponsor”) of Grayscale Zcash Trust (ZEC) (the “Trust”), and CSC Delaware Trust Company, the trustee (the “Trustee”) of the Trust, entered into the Second Amended and Restated Declaration of Trust and Trust Agreement, dated as of March 9, 2026 (the “Second A&R Trust Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720265/000119312526100136/0001193125-26-100136-index.htm

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