Exodus Movement (EXOD) CEO has shares withheld for RSU tax obligations

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Exodus Movement, Inc. Chief Executive Officer Jon Paul Richardson reported a tax-withholding disposition of 9,464 shares of Class A Common Stock. The shares were withheld by the company at a price of $5.17 per share in connection with the vesting and settlement of previously granted Restricted Stock Units.

After this transaction, Richardson directly holds 786,718 shares of Class A Common Stock. Footnotes indicate he also holds RSUs that vest in monthly installments through 2027, 2028, and 2029, each RSU representing the right to receive one share upon settlement.

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	$5.17	$49K

Holdings After Transaction: Class A Common Stock — 786,718 shares (Direct, null)

Footnotes (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) 78,125 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 115,031 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 80,122 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

Tax-withheld shares: 9,464 shares Tax-withholding reference price: $5.17 per share Shares held after transaction: 786,718 shares +3 more

6 metrics

Tax-withheld shares 9,464 shares Class A Common Stock withheld to satisfy tax obligations

Tax-withholding reference price $5.17 per share Price of Class A Common Stock on RSU vesting date

Shares held after transaction 786,718 shares Direct Class A Common Stock holdings following disposition

2023 RSU grant 78,125 RSUs Originally granted January 1, 2023; vest monthly through January 1, 2027

2024 RSU grant 115,031 RSUs Originally granted March 13, 2024; vest monthly through January 1, 2028

2025 RSU grant 80,122 RSUs Originally granted May 21, 2025; vest monthly through January 1, 2029

Key Terms

Restricted Stock Units ("RSUs"), tax withholding obligations, equity incentive plans, vesting and settlement

4 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.

tax withholding obligations financial

"the Issuer withheld shares of Company's Class A common stock ... to satisfy its tax withholding obligations"

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.

vesting and settlement financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 06:23 PM Accepted by SEC EDGAR 07/02/2026 - 06:23 PM

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)
07/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	07/01/2026		F		9,464⁽¹⁾	D	$5.17⁽²⁾	786,718⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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) 78,125 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 115,031 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 80,122 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	07/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Exodus Movement reported that CEO Jon Paul Richardson had 9,464 Class A Common shares withheld for taxes. This tax-withholding disposition occurred in connection with the vesting and settlement of previously granted Restricted Stock Units under the company’s equity incentive plans.

Was the EXOD CEO’s Form 4 transaction an open-market sale of shares?

The Form 4 for Exodus Movement’s CEO shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations arising from RSU vesting, using the share price on the vesting date as the reference value.

How many Exodus Movement (EXOD) shares does the CEO hold after this transaction?

Following the tax-withholding disposition, CEO Jon Paul Richardson directly holds 786,718 shares of Exodus Movement Class A Common Stock. This reported balance excludes additional unvested RSUs that may convert into shares over time as they continue to vest monthly.

At what price were the EXOD shares valued for the tax withholding event?

The withheld Exodus Movement shares were valued at $5.17 per share. This amount reflects the price of the company’s Class A Common Stock on the RSU vesting date, which the Form 4 footnote identifies as the reference price used for the tax-withholding calculation.

What outstanding RSU awards does the Exodus Movement (EXOD) CEO have after this filing?

Footnotes state the CEO holds 78,125 RSUs vesting monthly through January 1, 2027, 115,031 RSUs vesting monthly through January 1, 2028, and 80,122 RSUs vesting monthly through January 1, 2029. Each RSU converts into one Class A Common share upon settlement.

Why did Exodus Movement (EXOD) withhold shares from the CEO rather than require cash for taxes?

The company withheld shares to cover tax withholding obligations triggered by RSU vesting and settlement. This approach allows taxes to be satisfied using a portion of the newly delivered shares, instead of the executive paying the tax liability separately in cash at vesting.