Exodus Movement (EXOD) RSU vesting triggers tax share withholding

Rhea-AI Filing Summary

Exodus Movement, Inc. reported that President, 3ZERO and 10% owner Daniel Castagnoli had 8,892 shares of Class A Common Stock withheld on May 1, 2026 to cover tax obligations tied to vesting restricted stock units. The withholding price was $7.59 per share, matching the Class A share price on the vesting date. After this tax-withholding disposition, Castagnoli directly holds 728,209 Class A shares. His equity awards include 104,167 RSUs granted on January 1, 2023 vesting monthly through January 1, 2027, 127,813 RSUs granted March 13, 2024 vesting monthly through January 1, 2028, and 42,732 RSUs granted May 21, 2025 vesting monthly through January 1, 2029, each RSU delivering one Class A share upon settlement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Castagnoli Daniel

Role President, 3ZERO

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	8,892	$7.59	$67K

Holdings After Transaction: Class A Common Stock — 728,209 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 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) 104,167 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 127,813 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 42,732 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: 8,892 shares Withholding price: $7.59 per share Shares held after transaction: 728,209 shares +3 more

6 metrics

Shares withheld for taxes 8,892 shares Tax-withholding disposition on May 1, 2026

Withholding price $7.59 per share Class A Common Stock price on RSU vesting date

Shares held after transaction 728,209 shares Direct Class A holdings after tax withholding

2023 RSU grant 104,167 RSUs Granted January 1, 2023; vest monthly through January 1, 2027

2024 RSU grant 127,813 RSUs Granted March 13, 2024; vest monthly through January 1, 2028

2025 RSU grant 42,732 RSUs Granted May 21, 2025; vest monthly through January 1, 2029

Key Terms

restricted stock units ("RSUs"), equity incentive plans, tax withholding obligations, vesting and settlement, +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

"restricted stock units ("RSUs") previously granted under the Issuer's equity incentive plans, the Issuer withheld shares"

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 of Class A common stock ... to satisfy its tax withholding obligations"

vesting and settlement financial

"In connection with the vesting and settlement of restricted stock units ("RSUs") previously granted"

Class A Common Stock financial

"shares of Class A common stock, par value $0.000001 per share ("Class A Common Stock") to satisfy its tax withholding obligations"

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.

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^*

Castagnoli Daniel

(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)
	President, 3ZERO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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	05/01/2026		F		8,892(1)	D	$7.59(2)	728,209(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 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) 104,167 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 127,813 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 42,732 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 Daniel Castagnoli	05/04/2026
	** 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 does Exodus Movement (EXOD) President Daniel Castagnoli’s latest Form 4 report?

The Form 4 shows 8,892 Exodus Movement Class A shares were withheld from Daniel Castagnoli on May 1, 2026 to satisfy tax obligations from RSU vesting, at $7.59 per share, leaving him with 728,209 shares held directly.

Was there an open-market sale of Exodus Movement (EXOD) shares in this Form 4?

No open-market sale occurred. 8,892 shares of Exodus Movement Class A stock were withheld by the company to pay tax liabilities arising from vesting RSUs, a standard compensation-related transaction rather than a discretionary market sale by Daniel Castagnoli.

How many Exodus Movement (EXOD) shares does Daniel Castagnoli hold after the tax withholding?

After the tax-withholding disposition, Daniel Castagnoli directly owns 728,209 shares of Exodus Movement Class A Common Stock. This figure reflects his position following the withholding of 8,892 shares used to cover taxes on previously granted restricted stock units that vested.

What RSU grants for Exodus Movement (EXOD) does Daniel Castagnoli currently have outstanding?

Castagnoli’s outstanding RSUs include 104,167 units granted January 1, 2023 vesting monthly through January 1, 2027, 127,813 units granted March 13, 2024 vesting monthly through January 1, 2028, and 42,732 units granted May 21, 2025 vesting monthly through January 1, 2029, each delivering one share.

What does the $7.59 price in Exodus Movement (EXOD) Form 4 represent?

The $7.59 per share price represents the Class A Common Stock price of Exodus Movement on the RSU vesting date. It is used to value the 8,892 withheld shares applied toward Daniel Castagnoli’s tax withholding obligations related to his equity compensation.