Exodus CEO reports RSU tax withholding in Form 4
Exodus Movement, Inc. Chief Executive Officer Jon Paul Richardson reported a tax-withholding disposition of 9,464 shares of Class A Common Stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 9,464 | $5.17 | $49K |
Footnotes (3)
- F1. 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.
- F2. Represents the price of the Company's Class A Common Stock on the vesting date.
- F3. 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
Key Terms
Restricted Stock Units ("RSUs") financial
tax withholding obligations financial
equity incentive plans financial
vesting and settlement financial
FAQ
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What insider transaction did Exodus Movement (EXOD) report for Jon Paul Richardson?
What outstanding RSU awards does the Exodus Movement (EXOD) CEO have after this filing?
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