STOCK TITAN

Exodus Movement, Inc. (EXOD) CEO logs RSU vesting and share withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Exodus Movement, Inc. insider Jon Paul Richardson, who serves as Chief Executive Officer, director, and 10% owner, reported an automatic share withholding related to equity compensation. On 01/01/2026, the company withheld 10,929 shares of Class A common stock to cover tax obligations arising from the vesting and settlement of previously granted Restricted Stock Units (RSUs), at a price of $14.79 per share, which reflects the stock price on the vesting date. Following this tax withholding, Richardson beneficially owns 843,502 shares of Class A common stock, including multiple RSU grants from 2023, 2024, and 2025 that vest in equal monthly installments through dates ranging from January 1, 2027 to January 1, 2029. This filing reflects a routine tax-related withholding rather than an open market sale.

Positive

  • None.

Negative

  • None.
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 NE 68137

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/01/2026 F 10,929(1) D $14.79(2) 843,502(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 Company's 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) 156,250 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 153,375 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 96,147 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.
/s/ James Gernetzke, attorney-in-fact for Jon Paul Richardson 01/05/2026
** 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.

FAQ

What insider transaction did Exodus Movement (EXOD) report for Jon Paul Richardson?

The company reported that Jon Paul Richardson had 10,929 shares of Class A common stock withheld on 01/01/2026 to satisfy tax obligations from the vesting and settlement of previously granted RSUs.

Was the Exodus Movement (EXOD) CEO’s transaction an open market sale?

No. The filing explains that the issuer withheld shares of Class A common stock to cover tax withholding obligations tied to vesting RSUs, rather than Richardson selling shares in the open market.

How many Exodus Movement (EXOD) shares does Jon Paul Richardson own after this transaction?

After the reported tax withholding, Jon Paul Richardson beneficially owns 843,502 shares of Class A common stock, including shares underlying outstanding RSU grants.

What RSU grants for Exodus Movement (EXOD) are highlighted in this insider report?

The filing notes (i) 156,250 RSUs granted on January 1, 2023 vesting monthly through January 1, 2027, (ii) 153,375 RSUs granted on March 13, 2024 vesting monthly through January 1, 2028, and (iii) 96,147 RSUs granted on May 21, 2025 vesting monthly through January 1, 2029.

What price was used for the tax withholding shares in the Exodus Movement (EXOD) filing?

The $14.79 per share figure represents the price of the company’s Class A common stock on the vesting date, and it was used to value the 10,929 withheld shares for tax purposes.

What is Jon Paul Richardson’s relationship to Exodus Movement (EXOD)?

Jon Paul Richardson is identified as a Director, Chief Executive Officer, and a 10% owner of Exodus Movement, Inc.

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United States
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