Exodus Movement (EXOD) insider Castagnoli has shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exodus Movement, Inc. insider Daniel Castagnoli, a director, officer (President, 3ZERO) and 10% owner, reported a Form 4 transaction dated February 1, 2026. In connection with vesting of previously granted RSUs, the company withheld 8,892 shares of Class A common stock at $13.09 per share to satisfy tax withholding obligations.
After this withholding, Castagnoli beneficially owned 754,885 shares of Class A common stock, including RSUs. These RSUs consist of 143,230 units granted January 1, 2023 vesting monthly through January 1, 2027; 146,984 units granted March 13, 2024 vesting monthly through January 1, 2028; and 46,739 units granted May 21, 2025 vesting monthly through January 1, 2029.
Positive
- None.
Negative
- None.
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 | $13.09 | $116K |
Holdings After Transaction:
Class A Common Stock — 754,885 shares (Direct)
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 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) 143,230 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 146,984 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 46,739 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.
FAQ
What insider transaction did Exodus Movement (EXOD) report for Daniel Castagnoli?
Exodus Movement reported that insider Daniel Castagnoli had 8,892 shares of Class A common stock withheld on February 1, 2026. The company retained these shares to cover tax withholding related to the vesting and settlement of previously granted restricted stock units under its equity incentive plans.
What does the Form 4 code F mean in the EXOD insider filing?
In this Exodus Movement Form 4, transaction code F reflects shares withheld to pay taxes on vested restricted stock units. The issuer retained 8,892 Class A common shares at $13.09 per share to satisfy tax withholding obligations triggered by RSU vesting and settlement for Daniel Castagnoli.
What RSU grants are outstanding for Exodus Movement insider Daniel Castagnoli?
Daniel Castagnoli’s outstanding RSUs include 143,230 units granted January 1, 2023 vesting monthly through January 1, 2027; 146,984 units granted March 13, 2024 vesting monthly through January 1, 2028; and 46,739 units granted May 21, 2025 vesting monthly through January 1, 2029, each unit settling into one share.
What roles does Daniel Castagnoli hold at Exodus Movement (EXOD) according to the Form 4?
According to the Form 4, Daniel Castagnoli is a director, a 10% owner, and an officer of Exodus Movement, serving as President, 3ZERO. His filing status reflects both his board-level role and significant ownership stake in the company’s Class A common stock.