STOCK TITAN
  1. Home
  2. Sec-filings
  3. EXOD
  4. [8-K] Exodus Movement, Inc. Reports Material Event

Exodus execs cancel all RSUs to boost plan capacity

Exodus Movement, Inc. (EXOD) reported that on August 31, 2026, Jon Paul Richardson and Daniel Castagnoli each entered into a Restricted Stock Unit Cancellation Agreement with the company.

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Exodus Movement, Inc. (EXOD) reported that on August 31, 2026, Jon Paul Richardson and Daniel Castagnoli each entered into a Restricted Stock Unit Cancellation Agreement with the company. Richardson cancelled 273,278 restricted stock units and Castagnoli cancelled 233,218 restricted stock units, representing all of their outstanding RSUs.

They stated that this voluntary cancellation is in the best interests of the company because it provides additional share capacity under the company’s 2026 Stock Incentive Plan to compensate employees and other service providers involved in the company’s long-term strategy and the integration of Monavate and Baanx.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Restricted stock units cancelled by Jon Paul Richardson 273,278 restricted stock units Voluntarily cancelled on August 31, 2026, representing all of his outstanding RSUs
Restricted stock units cancelled by Daniel Castagnoli 233,218 restricted stock units Voluntarily cancelled on August 31, 2026, representing all of his outstanding RSUs
Restricted Stock Unit Cancellation Agreement financial
"each entered into a Restricted Stock Unit Cancellation Agreement with Exodus Movement"
restricted stock units financial
"voluntarily cancelled 273,278 and 233,218 restricted stock units, respectively"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Stock Incentive Plan financial
"provides for additional share capacity under the Company's 2026 Stock Incentive Plan"

FAQ

What executive equity change did Exodus Movement, Inc. (EXOD) announce on August 31, 2026?
Exodus disclosed that Jon Paul Richardson and Daniel Castagnoli each entered into a Restricted Stock Unit Cancellation Agreement, voluntarily cancelling all of their outstanding restricted stock units with the company as of August 31, 2026.

How many restricted stock units did EXOD executives cancel?
Jon Paul Richardson cancelled 273,278 restricted stock units and Daniel Castagnoli cancelled 233,218 restricted stock units. The company states these amounts represent all of their outstanding restricted stock units.

Why did Exodus Movement, Inc. (EXOD) executives cancel their restricted stock units?
The executives believe the cancellation is in the company’s best interests because it provides additional share capacity under the 2026 Stock Incentive Plan to compensate employees and other service providers critical to long-term strategy and integration of Monavate and Baanx.

Which stock plan is affected by the EXOD RSU cancellations?
The cancellations increase available share capacity under Exodus Movement, Inc.’s 2026 Stock Incentive Plan, which the company uses to compensate employees and other service providers.

Who signed the EXOD report regarding the RSU cancellations?
The report was signed on behalf of Exodus Movement, Inc. by James Gernetzke, Chief Financial Officer, dated September 1, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
0001821534false00018215342026-08-312026-08-31

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
FORM 8-K
______________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): 8/31/2026
______________________
Exodus Movement, Inc.
(Exact name of Registrant as Specified in Its Charter)
______________________
Texas001-4204781-3548560
(State or Other Jurisdiction
of Incorporation)		(Commission File Number)(IRS Employer
Identification No.)
15418 Weir St. #333
Omaha,Nebraska68137
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: 833-992-2566
(Former Name or Former Address, if Changed Since Last Report)
______________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which registered
Class A Common Stock, par value $0.000001 per shareEXODNYSE American
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 31, 2026, Jon Paul Richardson and Daniel Castagnoli each entered into a Restricted Stock Unit Cancellation Agreement with Exodus Movement, Inc. (the "Company"), pursuant to which they voluntarily cancelled 273,278 and 233,218 restricted stock units, respectively, representing all of their outstanding restricted stock units.

Messrs. Richardson and Castagnoli believe the cancellation is in the best interests of the Company as it provides for additional share capacity under the Company's 2026 Stock Incentive Plan to compensate the employees and other service providers who are critical to the Company's long-term strategy and the integration of Monavate and Baanx.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EXODUS MOVEMENT, INC.
Date:September 1, 2026By:/s/ James Gernetzke
James Gernetzke, Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents

Other Documents