Exodus Movement (EXOD) CEO uses 9,464 shares to cover RSU tax withholding

Rhea-AI Filing Summary

Exodus Movement, Inc. director, chief executive officer and ten percent owner Jon Paul Richardson reported a routine tax-related share disposition. In connection with the vesting of Restricted Stock Units, the company withheld 9,464 shares of Class A Common Stock at $7.12 per share to cover tax withholding obligations, rather than an open-market sale. Following this withholding, Richardson directly holds 796,182 shares of Class A Common Stock. He also holds unvested RSUs originally granted in three blocks of 91,146, 121,422 and 82,793 units that vest in monthly installments through dates in 2027, 2028 and 2029.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Richardson Jon Paul

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	9,464	$7.12	$67K

Holdings After Transaction: Class A Common Stock — 796,182 shares (Direct, null)

Footnotes (1)

1. In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted under the Issuer's equity incentive plans, the Issuer withheld shares of Company's Class A common stock, par value $0.000001 per share ("Class A Common Stock"), to satisfy its tax withholding obligations. Represents the price of the Company's Class A Common Stock on the vesting date. Includes (i) 91,146 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 121,422 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 82,793 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Key Figures

Shares withheld for taxes: 9,464 shares Withholding price: $7.12 per share Shares held after transaction: 796,182 shares +3 more

6 metrics

Shares withheld for taxes 9,464 shares Class A Common Stock withheld for RSU tax obligations

Withholding price $7.12 per share Price of Class A Common Stock on RSU vesting date

Shares held after transaction 796,182 shares Direct Class A Common Stock holdings after withholding

2023 RSU grant 91,146 RSUs Granted January 1, 2023; vest monthly through January 1, 2027

2024 RSU grant 121,422 RSUs Granted March 13, 2024; vest monthly through January 1, 2028

2025 RSU grant 82,793 RSUs Granted May 21, 2025; vest monthly through January 1, 2029

Key Terms

Restricted Stock Units ("RSUs"), equity incentive plans, tax withholding obligations, Class A Common Stock, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted under the Issuer's equity incentive plans"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

equity incentive plans financial

"RSUs previously granted under the Issuer's equity incentive plans"

Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

tax withholding obligations financial

"the Issuer withheld shares ... to satisfy its tax withholding obligations"

Class A Common Stock financial

"Company's Class A common stock, par value $0.000001 per share ("Class A Common Stock")"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting in equal monthly installments financial

"RSUs ... that vest in equal monthly installments through January 1, 2027"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Richardson Jon Paul

(Last) (First) (Middle)

15418 WEIR ST., #333

(Street)

OMAHA NEBRASKA 68137

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/01/2026		F		9,464(1)	D	$7.12(2)	796,182(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted under the Issuer's equity incentive plans, the Issuer withheld shares of Company's Class A common stock, par value $0.000001 per share ("Class A Common Stock"), to satisfy its tax withholding obligations.

2. Represents the price of the Company's Class A Common Stock on the vesting date.

3. Includes (i) 91,146 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 121,422 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 82,793 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Remarks:

	/s/ James Gernetzke, attorney-in-fact for Jon Paul Richardson	06/03/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Exodus Movement (EXOD) report for Jon Paul Richardson?

Exodus Movement reported that Jon Paul Richardson had 9,464 shares of Class A Common Stock withheld to satisfy tax obligations from RSU vesting. This was a tax-withholding disposition, not an open-market purchase or sale of shares.

Was the Exodus Movement (EXOD) insider transaction a sale of shares on the open market?

No, the transaction was not an open-market sale. Exodus Movement withheld 9,464 shares from RSU vesting to cover Richardson’s tax withholding obligations, using a share value of $7.12 on the vesting date.

How many Exodus Movement (EXOD) shares does Jon Paul Richardson hold after this filing?

After the tax-withholding disposition, Jon Paul Richardson directly holds 796,182 shares of Exodus Movement’s Class A Common Stock. This count reflects his position following the 9,464 shares withheld to satisfy tax obligations tied to RSU vesting.

What RSU awards does Jon Paul Richardson have from Exodus Movement (EXOD)?

Richardson’s RSUs include 91,146 units granted January 1, 2023, 121,422 units granted March 13, 2024, and 82,793 units granted May 21, 2025. These vest in equal monthly installments through January 1, 2027, 2028 and 2029, respectively.

What price per share was used for the Exodus Movement (EXOD) tax withholding?

The tax withholding used a price of $7.12 per share for Exodus Movement’s Class A Common Stock. The filing notes this price represents the Class A share price on the RSU vesting date used to determine the number of shares withheld.

Does the Exodus Movement (EXOD) Form 4 indicate remaining derivative positions for Richardson?

The filing’s derivative summary section is empty, indicating no additional derivative securities are listed there. However, the footnotes describe outstanding RSUs that will settle into Class A Common Stock as they continue to vest over time.