Exodus CEO cancels 273K RSUs, keeps 513K shares

Exodus Movement, Inc. (EXOD) reported that Chief Executive Officer and director Jon Paul Richardson disposed of equity awards back to the company.

Rhea-AI Filing Summary

Exodus Movement, Inc. (EXOD) reported that Chief Executive Officer and director Jon Paul Richardson disposed of equity awards back to the company. On 2026-08-31 he voluntarily canceled 273,278 restricted stock units (RSUs), each representing one share of Class A common stock, for no consideration. Following this disposition to the issuer, he directly holds 513,440 shares of Class A common stock.

Insider Trade Summary

Disposition: 273,278 shares

Disposition 1 txn

Insider Richardson Jon Paul

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Disposition	Class A Common Stock F1	273,278	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 513,440 shares (Direct)

Footnotes (1)

1. F1. The Reporting Person agreed to voluntarily cancel 273,278 restricted stock units (RSUs) previously granted under the Issuers equity incentive plans for no considerations. Each RSU represented the right to receive one share of Class A common stock, par value $0.000001 per share, of the Issuer.

Key Figures

RSUs canceled: 273,278 RSUs Shares following transaction: 513,440 shares Par value per share: $0.000001 per share +1 more

4 metrics

RSUs canceled 273,278 RSUs Voluntarily canceled by Jon Paul Richardson on 2026-08-31 for no consideration

Shares following transaction 513,440 shares Direct Class A common stock holdings of Jon Paul Richardson after disposition

Par value per share $0.000001 per share Par value of Exodus Movement, Inc. Class A common stock underlying each RSU

Transaction price per share $0.0000 No consideration received for the disposition of 273,278 RSUs

Key Terms

restricted stock units (RSUs), Disposition to issuer, Class A Common Stock, equity incentive plans

4 terms

restricted stock units (RSUs) financial

"The Reporting Person agreed to voluntarily cancel 273,278 restricted stock units (RSUs)"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

Class A Common Stock financial

"Each RSU represented the right to receive one share of 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.

equity incentive plans financial

"previously granted under the Issuers equity incentive plans for no considerations"

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.

FAQ

What insider transaction did EXOD report for Jon Paul Richardson?

Exodus Movement, Inc. reported that Jon Paul Richardson voluntarily canceled 273,278 RSUs on 2026-08-31 in a disposition to the issuer, with no consideration received.

How many Exodus Movement (EXOD) RSUs were canceled in this Form 4?

The filing shows that 273,278 restricted stock units (RSUs) previously granted under Exodus Movement’s equity incentive plans were voluntarily canceled by Jon Paul Richardson.

What does each canceled RSU represent for EXOD?

Each canceled RSU represented the right to receive one share of Class A common stock, par value $0.000001 per share, of Exodus Movement, Inc.

Did Jon Paul Richardson receive any payment for canceling EXOD RSUs?

No. The filing states that Jon Paul Richardson agreed to voluntarily cancel 273,278 RSUs for no consideration, meaning he did not receive payment or other value from the issuer for the cancellation.

How many EXOD shares does Jon Paul Richardson hold after this transaction?

After the reported disposition to the issuer, Jon Paul Richardson directly holds 513,440 shares of Exodus Movement, Inc. Class A common stock.

What is the transaction code used in EXOD’s Form 4 for this event?

The Form 4 uses transaction code D, described as a Disposition to issuer, for the voluntary cancellation of 273,278 restricted stock units by Jon Paul Richardson.

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

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Available on EDGAR 09/01/2026 - 04:37 PM Accepted by SEC EDGAR 09/01/2026 - 04:36 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^*

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)
08/31/2026

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	08/31/2026		D		273,278(1)	D	$0	513,440	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. The Reporting Person agreed to voluntarily cancel 273,278 restricted stock units (RSUs) previously granted under the Issuers equity incentive plans for no considerations. Each RSU represented the right to receive one share of Class A common stock, par value $0.000001 per share, of the Issuer.

Remarks:

	/s/ James Gernetzke, attorney-in-fact for Jon Paul Richardson	09/01/2026
	** 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)