[Form 3] Exodus Movement, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Exodus Movement, Inc. reported an initial beneficial ownership filing for its Chief Security Officer, Giacomo Gerardo Di (reported as the reporting person). The Form 3 discloses ownership of 63,644 shares of Class A common stock held as restricted stock units (RSUs) granted July 18, 2025. The RSUs convert one-for-one into Class A shares on settlement. Vesting is specified: 25% vests on June 1, 2026 and the remaining 75% vests in 36 equal monthly installments from July 1, 2026 through June 1, 2029. The filing was signed by an attorney-in-fact on behalf of Gerardo Di Giacomo and includes an exhibit noting a power of attorney.

Positive

• Clear disclosure of grant date, share amount, and detailed vesting schedule for 63,644 RSUs
• Direct alignment of the Chief Security Officer with shareholders via time-based RSUs converting one-for-one to Class A shares
• Includes Power of Attorney exhibit and executed signature indicating procedural completeness

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Form 3 documents an executive equity stake via time-based RSUs with multi-year vesting, aligning the CSO with long-term shareholder interests.

The filing is a routine initial ownership disclosure required under Section 16. The grant of 63,644 RSUs establishes direct economic exposure to share performance and retention incentives through a standard one-quarter/three-quarter vesting schedule with 36 monthly installments for the remainder. This structure is typical for senior executives and signals the company is using equity compensation to retain technical leadership. No derivative securities, options, or other indirect holdings are disclosed.

Securities Compliance Analyst

TL;DR Form 3 properly reports non-derivative RSUs and vesting timeline; no apparent reporting gaps in disclosed items.

The report identifies the reporting person, address, relationship to the issuer (Officer, Chief Security Officer), and a clear breakdown of the RSU grant mechanics including grant date and vesting milestones. The filing includes a signed power of attorney exhibit. There are no amendments or multiple filers indicated. From a compliance perspective, the disclosure meets Section 16 initial reporting requirements based on the provided content.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Giacomo Gerardo Di

(Last) (First) (Middle)

15418 WEIR ST., #333

(Street)

OMAHA NE 68137

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2025

3. Issuer Name and Ticker or Trading Symbol
Exodus Movement, Inc. [ EXOD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Security Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	63,644(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 63,644 restricted stock units ("RSUs") originally granted on July 18, 2025 of which (i) one-quarter will vest on June 1, 2026 and (ii) the remaining three-quarters will vest in 36 equal monthly installments beginning July 1, 2026 through June 1, 2029. Each RSU represents the right to receive one share of the Issuer's Class A common stock, par value $0.000001, upon settlement.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ James Gernetzke, attorney-in-fact for Gerardo Di Giacomo	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 filed for EXOD disclose?

The Form 3 disclosed 63,644 RSUs granted July 18, 2025 that convert one-for-one into Class A common stock with a defined vesting schedule.

Who is the reporting person on the Form 3 for EXOD?

The reporting person is Giacomo Gerardo Di, identified as an officer (Chief Security Officer) and reported by a single filer.

When do the RSUs vest that are disclosed in the EXOD Form 3?

25% vests on June 1, 2026 and the remaining 75% vests in 36 equal monthly installments from July 1, 2026 through June 1, 2029.

Are there any derivative securities disclosed in the Form 3 for EXOD?

No derivative securities (such as options, warrants, or convertible securities) are disclosed in the provided content.

Was the Form 3 signed and does it include supporting exhibits?

Yes. The filing was signed by an attorney-in-fact for Gerardo Di Giacomo and references Exhibit 24.1, a Power of Attorney.