Exodus Movement CFO sells 5,579 shares to cover taxes

The reported sale covered tax withholding tied to restricted stock unit settlement and was described as non-discretionary.

Rhea-AI Filing Summary

Exodus Movement, Inc. (EXOD) Chief Financial Officer James Gernetzke reported a sale of 5,579 Class A common shares on October 2, 2026, at $7.04 per share. The sell-to-cover transaction satisfied tax-withholding obligations tied to restricted stock unit settlement and was not discretionary. He directly held 458,409 shares following the transaction; no Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 5,579 shares

Net Sell 1 txn

Insider Gernetzke James

Role Chief Financial Officer

Sold 5,579 shs ($39K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	5,579	$7.04	$39K

Holdings After Transaction: Class A Common Stock — 458,409 shares (Direct)

Footnotes (2)

1. F1. Represents the sale of shares of the Issuer's Class A common stock, par value $0.000001 per share (the "Common Stock"), in satisfaction of the Reporting Person's tax liability in connection with the settlement of restricted stock units ("RSUs"). The sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
2. F2. Includes (i) 19,532 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 47,930 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 35,254 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 67,292 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Key Figures

Shares sold: 5,579 shares Sale price: $7.04 per share Shares held after transaction: 458,409 shares +4 more

7 metrics

Shares sold 5,579 shares Class A common shares sold October 2, 2026

Sale price $7.04 per share Sale on October 2, 2026

Shares held after transaction 458,409 shares Direct holdings following the October 2, 2026 transaction

RSUs 19,532 RSUs Granted January 1, 2023; vesting monthly through January 1, 2027

RSUs 47,930 RSUs Granted March 13, 2024; vesting monthly through January 1, 2028

RSUs 35,254 RSUs Granted May 21, 2025; vesting monthly through January 1, 2029

RSUs 67,292 RSUs Granted December 30, 2025; vesting monthly through January 1, 2030

Key Terms

sell to cover, restricted stock units, tax withholding obligations

3 terms

sell to cover financial

"through a sell to cover transaction"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

restricted stock units financial

"settlement of restricted stock units"

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.

tax withholding obligations financial

"to satisfy tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many EXOD shares did the CFO sell, and at what price?

James Gernetzke reported selling 5,579 Class A common shares on October 2, 2026, at $7.04 per share. The sell-to-cover transaction satisfied tax-withholding obligations tied to restricted stock unit settlement and was not discretionary; no Rule 10b5-1 plan is reported.

What RSU awards are included in James Gernetzke's reported holdings?

The reported holdings include 19,532 RSUs granted January 1, 2023, vesting monthly through January 1, 2027; 47,930 RSUs granted March 13, 2024, through January 1, 2028; 35,254 RSUs granted May 21, 2025, through January 1, 2029; and 67,292 RSUs granted December 30, 2025, through January 1, 2030. Each RSU represents the right to receive one Class A common share upon settlement.

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

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Available on EDGAR 10/06/2026 - 03:49 PM Accepted by SEC EDGAR 10/06/2026 - 03:48 PM Learn about SEC filing dates

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^*

Gernetzke James

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2026

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	10/02/2026		S		5,579(1)	D	$7.04	458,409(2)	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. Represents the sale of shares of the Issuer's Class A common stock, par value $0.000001 per share (the "Common Stock"), in satisfaction of the Reporting Person's tax liability in connection with the settlement of restricted stock units ("RSUs"). The sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.

2. Includes (i) 19,532 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 47,930 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 35,254 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 67,292 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Remarks:

	/s/ James Gernetzke	10/06/2026
	** 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)