Exodus Movement (EXOD) CFO share sale is tax withholding move

Rhea-AI Filing Summary

Exodus Movement, Inc. (EXOD) reported that Chief Financial Officer James Gernetzke executed a tax-related sale of 4,894 shares of Class A common stock on August 17, 2026 at $6.91 per share. The sale was a "sell to cover" transaction to satisfy tax withholding obligations from the settlement of restricted stock units (RSUs) and is described as not a discretionary trade. Following this transaction, Gernetzke directly holds 469,670 Class A shares, including RSUs that vest monthly through dates ranging from January 1, 2027 to January 1, 2030.

Insider Trade Summary

Net Seller: 4,894 shares

Net Sell 1 txn

Insider Gernetzke James

Role Chief Financial Officer

Sold 4,894 shs ($34K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	4,894	$6.91	$34K

Holdings After Transaction: Class A Common Stock — 469,670 shares (Direct)

Footnotes (2)

1. F1. Represents the sale of shares of the Issuer's Class A common stock, par value $0.000001 per share (the "Common Stock"), in satisfaction of the Reporting Person's tax liability in connection with the settlement of restricted stock units ("RSUs"). The sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.
2. F2. Includes (i) 32,553 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 54,321 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 37,865 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 70,834 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Key Figures

Shares sold: 4,894 shares Sale price: $6.91 per share Shares held after transaction: 469,670 shares +4 more

7 metrics

Shares sold 4,894 shares Class A Common Stock sold on August 17, 2026 by CFO James Gernetzke

Sale price $6.91 per share Price for 4,894 shares of Class A Common Stock sold August 17, 2026

Shares held after transaction 469,670 shares Direct Class A holdings of CFO James Gernetzke following the sale

RSU grant 1 32,553 RSUs Granted January 1, 2023; vest monthly through January 1, 2027

RSU grant 2 54,321 RSUs Granted March 13, 2024; vest monthly through January 1, 2028

RSU grant 3 37,865 RSUs Granted May 21, 2025; vest monthly through January 1, 2029

RSU grant 4 70,834 RSUs Granted December 30, 2025; vest monthly through January 1, 2030

Key Terms

sell to cover, restricted stock units, tax withholding obligations

3 terms

sell to cover financial

"The sale was made to satisfy tax withholding obligations through a "sell to cover""

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

restricted stock units financial

"in connection with the settlement of restricted stock units ("RSUs")"

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.

tax withholding obligations financial

"The sale was made to satisfy tax withholding obligations through a "sell to cover""

FAQ

What insider transaction did EXOD report for CFO James Gernetzke?

Exodus Movement, Inc. (EXOD) reported that CFO James Gernetzke sold 4,894 Class A shares on August 17, 2026 at $6.91 per share in a tax-related "sell to cover" transaction tied to RSU settlement.

Was the EXOD CFO’s August 17, 2026 share sale a discretionary trade?

No. The filing states the 4,894-share sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and "does not represent a discretionary trade" by CFO James Gernetzke.

How many EXOD shares does CFO James Gernetzke hold after the reported sale?

After the August 17, 2026 transaction, CFO James Gernetzke directly holds 469,670 shares of Exodus Movement, Inc. Class A common stock, which includes multiple RSU grants that vest in equal monthly installments through January 1, 2027–2030.

What RSU grants are included in the EXOD CFO’s post-transaction holdings?

Post-transaction holdings include RSUs of 32,553 (granted January 1, 2023, vesting through January 1, 2027), 54,321 (granted March 13, 2024, vesting through January 1, 2028), 37,865 (granted May 21, 2025, vesting through January 1, 2029), and 70,834 (granted December 30, 2025, vesting through January 1, 2030).

What does each EXOD RSU held by the CFO represent?

Each RSU reported in the filing represents the right to receive one share of Exodus Movement, Inc. Class A common stock upon settlement, with the various grants vesting in equal monthly installments over their respective vesting periods.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 04:02 PM Accepted by SEC EDGAR 08/19/2026 - 04:01 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^*

Gernetzke James

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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	08/17/2026		S		4,894(1)	D	$6.91	469,670(2)	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. Represents the sale of shares of the Issuer's Class A common stock, par value $0.000001 per share (the "Common Stock"), in satisfaction of the Reporting Person's tax liability in connection with the settlement of restricted stock units ("RSUs"). The sale was made to satisfy tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary trade made by the Reporting Person.

2. Includes (i) 32,553 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 54,321 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 37,865 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 70,834 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

Remarks:

	/s/ James Gernetzke	08/19/2026
	** 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)