Exodus adopts 2026 stock plan with 4.28M share reserve
Exodus Movement, Inc. adopted a new 2026 Stock Incentive Plan that became effective on March 19, 2026.
Rhea-AI Filing Summary
Exodus Movement, Inc. adopted a new 2026 Stock Incentive Plan that became effective on March 19, 2026. The plan was approved by the Board, its Compensation Committee, and stockholders holding a majority of the voting power by written consent.
The 2026 Plan initially authorizes up to 4,280,000 shares of Class A common stock for stock options, restricted stock units, and other equity awards to employees, directors, and officers. Beginning January 1, 2027 and through January 1, 2036, the share pool will automatically increase each year by 5% of Outstanding Common Stock on the prior December 31, unless the Compensation Committee or another designated committee approves a lower or no increase.
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Insights
Exodus put in place a sizable, evergreen equity plan that can expand annually through 2036.
Exodus Movement, Inc. adopted a 2026 Stock Incentive Plan with an initial reserve of 4,280,000 Class A shares for options, RSUs, and other equity awards to employees, directors, and officers. This centralizes long-term incentives under a refreshed structure.
The plan includes an automatic annual increase from January 1, 2027 through January 1, 2036 of up to 5% of Outstanding Common Stock, unless the compensation committee chooses a lower or zero increase. This evergreen feature can gradually expand the share pool over time.
The impact on existing holders will depend on how many awards are actually granted and whether the committee routinely uses the full annual increase. Future proxy and compensation disclosures may provide more detail on grant levels and remaining shares available under the 2026 Plan.
8-K Event Classification
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