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Beneficial Ownership Report · SCHEDULE 13G

Grayscale Near Trust (NEAR)

Beneficial Ownership Report

Filed Sep 25, 2026Accepted Sep 25, 2026, 2:28 PM EDTFiling CIK 2157255Accession 0002157255-26-000002
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Structured filing — SCHEDULE 13G

primary_doc.xml

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Subject company

Company
Grayscale Near Trust (NEAR)
Company CIK
0002025000
Street
290 HARBOR DRIVE
Street (continued)
4TH FLOOR
City
STAMFORD
State / country code
CT
Postal code
06902

Statement details

Security class
Grayscale Near Trust
Event date
09/22/2026
Rule designation
Rule 13d-1(c)

Reporting person 1

Name
Karminski Michal Adam
Citizenship / organization
R9
Reporting person type
IN
Aggregate amount owned
11,474.00
Percent of class
100.0
Sole voting power
11,474.00
Shared voting power
0.00
Sole dispositive power
11,474.00
Shared dispositive power
0.00

Item 1

Issuer

Grayscale Near Trust (NEAR)

Principal executive office address

290 HARBOR DRIVE, 4TH FLOOR, STAMFORD, CONNECTICUT, 06902

Item 2

Citizenship

POLISH

Filing person

KARMINSKI MICHAL ADAM

Principal business or residence address

Bd d'Italie 74, Etage 1, 98000, Monaco

Item 3

Not applicable indication

Y

Item 4

Percent of class

2.61%

Amount beneficially owned

11474 On September 22, 2026, the Reporting Person acquired beneficial ownership of 35 268 shares (8.04% of the class), crossing the 5% threshold. Prior to the filing date of this Schedule 13G, the Reporting Person disposed of shares, reducing its holding to 11,474 shares (2.61% of the class) as of the date hereof.

Sole voting power

11474

Shared voting power

0

Sole dispositive power

11474

Shared dispositive power

0

Item 5

Not applicable indication

N

Ownership of 5% or less

Y

Item 6

Not applicable indication

Y

Item 7

Not applicable indication

Y

Item 8

Not applicable indication

Y

Item 9

Not applicable indication

Y

Item 10

Not applicable indication

N

Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

Signature 1

Reporting person
Karminski Michal Adam
Signed
KARMINSKI MICHAL ADAM
Title
INDIVIDUAL
Date
09/25/2026

Company context

Grayscale Investments, Inc. (“Grayscale Investments”), a Delaware corporation, is the sole managing member of GSO, which is the sole member of the Sponsor, and each of Grayscale Investments, GSO and GSIS are consolidated subsidiaries of DCG. Grayscale

Current securities

Recent company filings

  1. S-1/A filingJun 12, 2026

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