Grayscale CEO David Mintzberg has filed notice to sell $53,394.95 of GXRP shares at $20.45 per share through Cantor Fitzgerald on NYSE Arca. He acquired these shares on October 3, 2024, seven weeks after taking the helm as CEO, through a private transaction with the issuer. Two other Grayscale insiders, Digital Currency Group founder Barry Silbert and Chief Legal Officer Craig Salm, had also filed similar notices in January on the same security. The trust’s float dropped 51% over six months, falling from 5,790,100 to 2,840,100 shares.
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