HZEN Grayscale Horizen Trust (ZEN)

NEUTRAL Impact: 1/10 144
Horizon days Filed May 1, 2026 Processed 1mo ago SEC 0001652536-26-000034
Form 144 — notice of proposed sale of securities
Latest settled — T+20d
HZEN ▼ -0.71% at T+20d
NEUTRAL call ✗ call lost -0.71% · α vs SPY -6.36% · entry $0.7000 → $0.6950
Next anchor: T+60d in 7w
Currently $0.4769 · -31.87% from $0.7000 entry
Entry anchored
May 1, 2026
via day open
T+1d
-1.43%
call -1.43% · α -2.22%
$0.6900
settled 5w ago
T+5d
+1.29%
call +1.29% · α -1.65%
$0.7090
settled 5w ago
T+20d
-0.71%
call -0.71% · α -6.36%
$0.6950
settled 9d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Digital Currency Group, Inc., an affiliate of Grayscale Horizen Trust (ZEN), filed a Form 144 indicating intent to sell approximately 37,289 common shares over multiple days from April 27 to May 1, 2026, with an estimated total value of about $22,800. The sale represents a very small fraction of total shares outstanding (0.33%) and is a routine affiliate sale.

Actionable Insight

This is a small, routine affiliate sale with no material impact. Monitor for any larger subsequent insider selling, but no immediate action needed.

Key Facts

  • Digital Currency Group, Inc. intends to sell ~37,289 shares of HZEN common stock.
  • Sales are scheduled for 4/27, 4/28, 4/29, 4/30, and 5/1/2026, with approximate values ranging from $3,870 to $5,131 per day.
  • Total approximate sale value is ~$22,800 based on filing figures.
  • Shares outstanding are 11,425,100, making the proposed sale ~0.33% of total shares.
  • Shares were acquired on 09/30/2023 in a privately negotiated transaction from the issuer.

Financial Impact

~$22,800 total sale value, immaterial relative to market cap

Market Snapshot

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Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001652536-26-000034
Document: 0001652536-26-000034-index.html0001652536-26-000034
Document: 0001652536-26-000034.txt0001652536-26-000034
5 reports for HZEN
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Reports for HZEN — sortable, filterable
Type Now
May 7, 2026
4w ago
144
NEUTRAL ★ 2/10
$0.6700 $0.5200▼ −22.39%▼ −22.41%$0.4769 (−28.82%)
May 5, 2026
5w ago
144
NEUTRAL ★ 2/10
$0.7100 $0.6150▼ −13.38%▼ −16.16%$0.4769 (−32.83%)
May 1, 2026
5w ago
144
NEUTRAL ★ 1/10
$0.7000 $0.6950▼ −0.71%▼ −6.36%$0.4769 (−31.87%)
Apr 30, 2026
5w ago
144
NEUTRAL ★ 2/10
$0.6650 $0.6950▲ +4.51%▼ −0.75%$0.4769 (−28.29%)
Apr 28, 2026
6w ago
144
NEUTRAL ★ 2/10
$0.5690 $0.6670▲ +17.22%▲ +11.17%$0.4769 (−16.19%)
Showing 5 of 5

US Market Status

Market Closed — Opens Thu (10h 56m)

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