Welcome to our dedicated page for Grayscale Stella SEC filings (Ticker: GXLM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Grayscale Stellar Lumens Trust (XLM) (GXLM) provide detailed insight into how the Trust holds XLM, values its Shares, and governs its relationship with shareholders and service providers. The Trust’s registration statement on Form S-1 describes it as a Delaware statutory trust issuing Shares that represent fractional undivided beneficial interests in its holdings of XLM, with an investment objective of reflecting the value of XLM held by the Trust, as determined by an Index Price, less expenses and liabilities.
On this page, you can review registration statements such as the S-1 filed on September 23, 2025, which explains the Trust’s structure, the role of the sponsor (Grayscale Investments Sponsors, LLC), and the responsibilities of the trustee, transfer agent, administrator, prime broker, and custodian. The S-1 also outlines how Shares are created and redeemed in Baskets of 10,000 Shares through Authorized Participants, and how the Trust intends to list its Shares on NYSE Arca under the symbol GXLM while continuing to be quoted on OTCQX.
Current reports on Form 8-K are a key source for understanding operational and governance developments. An 8-K dated September 26, 2025 describes the Trust’s transition to using the CoinDesk XLM CCIXber Reference Rate as its Index for valuing XLM, including the methodology for selecting Constituent Trading Platforms and calculating the Index Price. Another 8-K dated November 21, 2025 reports changes to the trading platforms included in the Index, illustrating how the Index Provider may add or remove venues over time.
Other 8-K filings focus on custody and prime brokerage arrangements. The 8-K dated October 9, 2025 summarizes the Coinbase Prime Broker Agreement, detailing how Coinbase Custody holds the Trust’s XLM in segregated cold storage (the Vault Balance), how a Settlement Balance may be used for operational purposes, and how the parties treat the Trust’s digital assets as financial assets under Article 8 of the New York Uniform Commercial Code. These disclosures help investors understand how XLM are safeguarded and how custodial risks are addressed.
Filings also cover governance and shareholder rights. The definitive proxy statement on Schedule 14A dated September 25, 2025, along with 8-K and 8-K/A filings on October 21 and October 23, 2025, detail a consent solicitation to amend the Trust Agreement. The proposals address alternative creation and redemption procedures, the timing of the sponsor’s fee, use of omnibus accounts in connection with prime brokerage services, and expanded authority for the sponsor to amend the Trust Agreement with notice. Voting results and deemed consents are reported in the 8-K and 8-K/A, providing a record of shareholder approval.
Additional 8-K filings report organizational changes at the sponsor level, such as the internal corporate reorganization described in the October 22, 2025 filing, where Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC and, indirectly, the sole member of the sponsor. Another 8-K dated October 14, 2025 discusses changes to the board of GSO Intermediate Holdings Corporation, which previously served as managing member of Grayscale Operating, LLC. These filings explain how oversight of the sponsor and, by extension, the Trust is structured.
Filings also address communications and information sources. An 8-K dated December 3, 2025 explains the sponsor’s presence on X (formerly Twitter) and the use of cashtags, emphasizing that third-party content linked via cashtags is not authorized, prepared, verified, or updated by Grayscale. The filing advises investors to rely on SEC filings for authoritative and up-to-date information about Grayscale and its products, including the Trust.
On this SEC filings page, Stock Titan surfaces GXLM’s 8-K, S-1, DEF 14A, and other relevant forms as they are filed with EDGAR. AI-powered summaries can help explain complex sections, such as index methodology, custody terms, or amendments to the Trust Agreement, by highlighting key points, definitions, and structural changes. Users can quickly locate disclosures related to valuation (Index Price and Constituent Trading Platforms), creation and redemption mechanics, governance amendments, sponsor reorganizations, and communications policies, all based on the Trust’s own regulatory documents.
Canaccord Genuity Corp-related securities notice: DCG International Investments Ltd reported planned and recent sales of Common shares. The filing lists individual transactions including 1,204 shares on 04/28/2026 ($21,873.91), 1,575 shares on 04/29/2026 ($28,159.58), and 1,425 shares on 04/30/2026 ($25,222.50).
The record also shows earlier trades in February 2026 and a description of the holdings as acquired in a Privately Negotiated Transaction purchased from the issuer on 09/22/2020. The filing lists per-sale share counts and dollar amounts for each reported date.
Canaccord Genuity Corp: proposed resale of Common shares by DCG International Investments Ltd reported on a Form 144 notice. The filing lists multiple transactions during the past three months by DCG International Investments Ltd, showing individual sale dates, share counts, and proceeds.
Examples in the excerpt include 1200 shares on 04/28/2026 for $21,873.91, 1575 shares on 04/29/2026 for $28,159.58, and 1425 shares on 04/30/2026 for $25,222.50.
Canaccord Genuity Corp affiliate DCG International Investments Ltd reported Form 144 sale notices for Common stock of GXLM, identifying multiple small-offering transactions. Examples include proposed sales of $21,873.91 for 1,204 shares on 04/28/2026 and $28,159.58 for 1,575 shares on 04/29/2026.
The entries list earlier disposals in January–April 2026 and describe the trades as Privately Negotiated Transaction purchases from the issuer.
Canaccord Genuity Corp: proposed resale of Common shares under Rule 144 by a selling holder. The filing lists multiple planned or completed dispositions by DCG International Investments Ltd, including 1,204 shares for $21,873.91 on 04/28/2026 and prior sales of 378 shares for $7,040.25 on 01/29/2026 and other tranches in January–April 2026. The transactions are described as Privately Negotiated Transaction and were indicated as Purchased from Issuer.
Digital Currency Group, Inc. reported proposed sales of Common stock under a Form 144 notice, listing multiple transactions including 525 shares on 01/28/2026, 622 shares on 01/29/2026 and 1,575 shares on 04/27/2026. The filing notes prior privately negotiated purchases (09/30/2023) and identifies Canaccord Genuity Inc. as a broker on specified dates.
Canaccord Genuity Corp submitted a Form 144 disclosure related to proposed sales of Common shares for the issuer trading on OTCQX. The filing lists multiple small dispositions dated 01/29/2026–02/04/2026 and identifies a set of past sales by DCG International Investments Ltd.
Digital Currency Group, Inc. filed a Form 144 reporting proposed resale transactions of Common Stock. The filing lists proposed sales of 650 shares on 01/27/2026, 525 shares on 01/28/2026, and 622 shares on 01/29/2026.
The broker listed is Canaccord Genuity Inc. on the OTCQX market; proceeds and pricing details are not shown in the excerpt.
DCG International Investments Ltd filed an amended Rule 144 notice relating to common shares of GXLM. The current notice lists 0 shares to be sold through broker Canaccord Genuity, with an approximate sale date of February 5, 2026 and 1,389,200 common shares shown as outstanding.
The filing discloses that DCG International Investments Ltd previously acquired common shares in a privately negotiated cash transaction on September 22, 2020 from the issuer. It also lists several recent open-market sales, including 12,000 common shares sold on November 5, 2025 for gross proceeds of $31,860.00 and 1,200 shares sold on February 2, 2026 for $20,820.00.
DCG International Investments Ltd has filed a notice under Rule 144 to sell 725 common shares of GXLM through Canaccord Genuity Corp on the OTCQX market around 02/05/2026. The filing lists an aggregate market value of 11056.25 for this block, with 1,389,200 common shares outstanding.
The 725 shares were originally acquired on 09/22/2020 in a privately negotiated cash transaction directly from the issuer. The notice also reports multiple sales of GXLM common shares by DCG International Investments Ltd over the past three months, including 1,200 shares sold on 11/05/2025 for gross proceeds of 31860.0 and 1,200 shares on 02/03/2026 for 20460.0.
An affiliate of GXLM plans to sell 1,988 common shares through broker Capital Institutional Services, Inc. on or about 02/05/2026 on the OTCQX market, under Rule 144. The filing notes 1,389,200 common shares outstanding as a baseline figure.
The seller acquired 4,474 common shares in a privately negotiated transaction directly from the issuer on 05/18/2024, paying in USD on the same date. The signer represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.