The filing continues a pattern of daily small sales by the affiliate. Monitor for further Form 144 filings to gauge whether this is a systematic liquidation or a routine periodic sale. The amounts are negligible relative to the trust's total shares outstanding.
How the stock moved after the report
NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+1- T+0 · Oct 29 $0.5590entry
- T+1 · 7d ago +12.70%α +12.81% · $0.6300
- T+5 · due 13h ago Pending
- T+5 · todayOpen
- T+20 · in 21d Pending
- T+60 · in 3mo Pending
Price Chart
How similar events traded
Executive Summary
Digital Currency Group, Inc., an affiliate of Grayscale Horizen Trust (ZEN), filed a Form 144 notice of intent to sell 6,992 common shares with an approximate market value of $4,052.56 on the OTCQX market. The proposed sale follows recent sales by the same affiliate on October 23, 26, 27, and 28, 2026, totaling 27,352 shares. The filing signals ongoing insider monetization but the dollar amount is very small relative to the trust's market cap.
Key Facts
- Digital Currency Group, Inc. (affiliate) filed Form 144 to sell 6,992 common shares of Grayscale Horizen Trust (ZEN).
- Estimated aggregate market value of proposed sale: $4,052.56.
- Proposed sale date: October 29, 2026, on the OTCQX exchange.
- Affiliate sold 5,376 shares on October 23, 6,992 on October 26, 6,992 on October 27, and 6,992 on October 28, 2026.
- Total shares sold in the four prior transactions: 27,352 shares.
- Broker for the proposed sale: Canaccord Genuity Inc.
- Shares were acquired on September 30, 2023 via a 10b-18 purchase in the secondary market.
Financial Impact
Proposed sale of 6,992 shares valued at approximately $4,052.56; prior four days' sales total 27,352 shares.
Risk Factors
- Repeated insider selling by the largest affiliate could signal reduced conviction in the trust's value.
- The filing is only an intent to sell; the actual sale may not occur.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001652536-26-000046 |
| Document: 0001652536-26-000046-index.html | 0001652536-26-000046 |
| Document: 0001652536-26-000046.txt | 0001652536-26-000046 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 5, 2026 today | 144 | $0.6000 | awaiting T+20 | awaiting T+20 | $0.5500 (−8.33%) |
Nov 4, 2026 1d ago | 144 | $0.6000 | awaiting T+20 | awaiting T+20 | $0.5500 (−8.33%) |
Nov 4, 2026 1d ago | 144 | $0.6000 | awaiting T+20 | awaiting T+20 | $0.5500 (−8.33%) |
Nov 3, 2026 2d ago | 144 | $0.6000 | awaiting T+20 | awaiting T+20 | $0.5500 (−8.33%) |
Nov 2, 2026 3d ago | 144 | $0.5700 | awaiting T+20 | awaiting T+20 | $0.5500 (−3.51%) |
Oct 30, 2026 6d ago | 144 | $0.5400 | awaiting T+20 | awaiting T+20 | $0.5500 (+1.85%) |
Oct 29, 2026 7d ago | 144 | $0.5590 | awaiting T+20 | awaiting T+20 | $0.5500 (−1.61%) |
Oct 28, 2026 8d ago | 144 | $0.6020 | awaiting T+20 | awaiting T+20 | $0.5500 (−8.64%) |
Oct 27, 2026 9d ago | 144 | $0.5700 | awaiting T+20 | awaiting T+20 | $0.5500 (−3.51%) |
Oct 26, 2026 10d ago | 144 | $0.5900 | awaiting T+20 | awaiting T+20 | $0.5500 (−6.78%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers