Exodus Movement (EXOD) CTO sells shares, holds 124,485 RSUs
Rhea-AI Filing Summary
Exodus Movement, Inc. (EXOD) reported that Chief Technology Officer Matias Olivera sold Class A Common Stock in three open-market or private transactions. On August 25, 26, and 27, 2026, he sold 2,835 shares each day, totaling 8,505 shares, at prices between $8.35 and $8.52 per share. The filing’s Rule 10b5-1 checkbox was not marked, and a footnote describes substantial outstanding Restricted Stock Units that vest in equal monthly installments and each settle into one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,505 shares
Net Sell
3 txns
Insider
Olivera Matias
Role
Chief Technology Officer
Sold
8,505 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 2,835 | $8.52 | $24K |
| Sale | Class A Common Stock | 2,835 | $8.35 | $24K |
| Sale | Class A Common Stock | 2,835 | $8.40 | $24K |
Holdings After Transaction:
Class A Common Stock — 320,253 shares (Direct)
Footnotes (1)
- F1. Includes (i) 2,171 Restricted Stock Units ("RSU") originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027 and (ii) 18,615 RSUs originally granted on July 1, 2023 that vest in equal monthly installments through July 1, 2027 and (iii) 36,214 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 25,818 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029 and (v) 41,667 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through December 1, 2029. Each RSU represents the right to receive one share of Common Stock upon settlement.
Key Figures
Shares sold August 25, 2026: 2,835 shares
Shares sold August 26, 2026: 2,835 shares
Shares sold August 27, 2026: 2,835 shares
+5 more
8 metrics
Shares sold August 25, 2026
2,835 shares
Class A Common Stock sale at $8.40 per share
Shares sold August 26, 2026
2,835 shares
Class A Common Stock sale at $8.35 per share
Shares sold August 27, 2026
2,835 shares
Class A Common Stock sale at $8.52 per share
Total shares sold
8,505 shares
Aggregate of three Class A Common Stock sales August 25–27, 2026
RSUs from January 1, 2023 grant
2,171 RSUs
Vest in equal monthly installments through January 1, 2027
RSUs from July 1, 2023 grant
18,615 RSUs
Vest in equal monthly installments through July 1, 2027
RSUs from March 13, 2024 grant
36,214 RSUs
Vest in equal monthly installments through January 1, 2028
RSUs from December 30, 2025 grant
41,667 RSUs
Vest in equal monthly installments through December 1, 2029
Key Terms
Class A Common Stock, Restricted Stock Units, equal monthly installments, Rule 10b5-1, +1 more
5 terms
Class A Common Stock financial
"security_title: "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.
Restricted Stock Units financial
"Includes (i) 2,171 Restricted Stock Units ("RSU") originally granted"
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.
equal monthly installments financial
"that vest in equal monthly installments through January 1, 2027"
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox was not checked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
settlement financial
"Each RSU represents the right to receive one share of Common Stock upon settlement"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What insider transaction did EXOD disclose for CTO Matias Olivera?
EXOD disclosed that Chief Technology Officer Matias Olivera sold a total of 8,505 shares of Class A Common Stock in three transactions on August 25–27, 2026, each for 2,835 shares at prices between $8.35 and $8.52 per share.
What were the sale prices for the EXOD insider transactions?
The reported sale prices for EXOD Class A Common Stock were $8.40 per share on August 25, 2026, $8.35 per share on August 26, 2026, and $8.52 per share on August 27, 2026.
Were the EXOD insider sales under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not checked, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan in this disclosure.
What equity awards does the EXOD CTO still have according to the filing footnote?
A footnote states that Matias Olivera holds multiple grants of Restricted Stock Units (RSUs) totaling 124,485 RSUs, originally granted between January 1, 2023 and December 30, 2025, which vest in equal monthly installments through dates ranging from January 1, 2027 to December 1, 2029.
How many RSUs from the January 1, 2023 EXOD grant are referenced?
The footnote states that the position includes 2,171 Restricted Stock Units originally granted on January 1, 2023, which vest in equal monthly installments through January 1, 2027, with each RSU representing the right to receive one share of common stock upon settlement.
What later EXOD RSU grants are mentioned for the CTO and their vesting schedules?
The CTO’s holdings include RSU grants of 18,615 RSUs from July 1, 2023, 36,214 RSUs from March 13, 2024, 25,818 RSUs from May 21, 2025, and 41,667 RSUs from December 30, 2025, all vesting in equal monthly installments through dates between July 1, 2027 and December 1, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.