This is a routine affiliate sale with negligible market impact. Monitor for any subsequent Form 4 filings to confirm actual sales, but no immediate trading action is warranted.
Price Chart
Executive Summary
Digital Currency Group, Inc. (DCG), the parent company of Grayscale, filed a Form 144 on April 30, 2026, indicating intent to sell 29,505 shares of Grayscale Horizen Trust (HZEN) over four trading days (April 27-30, 2026) through Canaccord Genuity, with an approximate total value of $17,665.39 based on the listed prices. This is a small, routine sale by a controlling affiliate relative to the trust's total shares outstanding, and the filing itself is merely an intent notice, not a completed transaction.
Key Facts
- Digital Currency Group, Inc. (DCG) filed a Form 144 to sell 29,505 shares of Grayscale Horizen Trust (HZEN).
- Sales are scheduled across four days: 6,144 shares on April 27, 7,787 on April 28, 7,787 on April 29, and 7,787 on April 30, 2026.
- The approximate total value of the proposed sales is $17,665.39 based on listed prices ($3,870.72 + $4,595.11 + $4,428.47 + $4,771.09).
- All sales are to be executed through Canaccord Genuity Inc. on the OTCQX exchange.
- DCG is the parent company of Grayscale and an affiliate of the trust; the shares were acquired in a privately negotiated transaction from the issuer on September 30, 2023.
- The filing is an advance notice of intent to sell, not a confirmation of completed sales.
Financial Impact
Proposed sale of 29,505 shares valued at approximately $17,665.39, representing a tiny fraction of the trust's total shares outstanding.
Risk Factors
- The sale may not be completed; Form 144 is only an intent notice.
- No material risk to HZEN share price given the small size relative to market cap.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001652536-26-000033 |
| Document: 0001652536-26-000033-index.html | 0001652536-26-000033 |
| Document: 0001652536-26-000033.txt | 0001652536-26-000033 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 144 | $0.6095 | awaiting T+20 | — | $0.6200 (+1.72%) |
Oct 26, 2026 1d ago | 144 | $0.6610 | awaiting T+20 | — | $0.6200 (−6.20%) |
Oct 23, 2026 4d ago | 144 | $0.5600 | awaiting T+20 | — | $0.6200 (+10.71%) |
Oct 23, 2026 4d ago | 144 | $0.5600 | awaiting T+20 | — | $0.6200 (+10.71%) |
Oct 23, 2026 4d ago | 144 | $0.5600 | awaiting T+20 | — | $0.6200 (+10.71%) |
May 7, 2026 24w ago | 144 | $0.6700 $0.5200 | ▼ −22.39% | ▼ −22.41% | $0.6200 (−7.46%) |
May 5, 2026 25w ago | 144 | $0.7100 $0.6150 | ▼ −13.38% | ▼ −16.16% | $0.6200 (−12.68%) |
May 1, 2026 25w ago | 144 | $0.7000 $0.6950 | ▼ −0.71% | ▼ −6.36% | $0.6200 (−11.43%) |
Apr 30, 2026 25w ago | 144 | $0.6650 $0.6950 | ▲ +4.51% | ▼ −0.75% | $0.6200 (−6.77%) |
Apr 28, 2026 26w ago | 144 | $0.5690 $0.6670 | ▲ +17.22% | ▲ +11.17% | $0.6200 (+8.96%) |
US Market Status
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