[Form 4] Exodus Movement, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Exodus Movement, Inc. reported a Form 4 for its Chief Financial Officer, James Gernetzke, detailing an equity award event on 12/01/2025. In connection with the vesting and settlement of previously granted restricted stock units (RSUs), the company withheld 5,224 shares of Class A common stock to cover tax withholding obligations, at a price equal to the stock price on the vesting date of $16.52 per share.

After this withholding, Gernetzke beneficially owns 428,947 shares of Class A common stock, including RSUs. These RSUs include 763 units granted on January 5, 2022 vesting monthly through January 1, 2026; 84,636 units granted on January 1, 2023 vesting monthly through January 1, 2027; 79,883 units granted on March 13, 2024 vesting monthly through January 1, 2028; and 48,331 units granted on May 21, 2025 vesting monthly through January 1, 2029. Each RSU converts into one share upon settlement.

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
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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 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

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	12/01/2025		F		5,224(1)	D	$16.52(2)	428,947(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) 763 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 84,636 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (iii) 79,883 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 48,331 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	12/03/2025
	** 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.
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FAQ

What insider transaction did Exodus Movement (EXOD) disclose in this Form 4?

The filing shows that Exodus Movement’s Chief Financial Officer, James Gernetzke, had restricted stock units vest on 12/01/2025, and the company withheld 5,224 shares of Class A common stock to satisfy tax withholding obligations related to that vesting.

Did the Exodus Movement (EXOD) CFO sell shares in the open market?

The reported transaction is coded as F, indicating shares of Class A common stock were withheld by the company to cover tax withholding on vested RSUs, rather than an open market sale initiated by the CFO.

How many Exodus Movement (EXOD) shares does the CFO beneficially own after this transaction?

Following the share withholding for taxes, Chief Financial Officer James Gernetzke beneficially owns 428,947 shares of Exodus Movement’s Class A common stock, including shares underlying restricted stock units.

What RSU grants for the Exodus Movement (EXOD) CFO are still vesting?

The CFO’s beneficial ownership includes RSUs consisting of 763 units from a grant on January 5, 2022 vesting monthly through January 1, 2026; 84,636 units from a January 1, 2023 grant vesting monthly through January 1, 2027; 79,883 units from a March 13, 2024 grant vesting monthly through January 1, 2028; and 48,331 units from a May 21, 2025 grant vesting monthly through January 1, 2029.

What does each RSU represent in the Exodus Movement (EXOD) equity plan?

Each restricted stock unit described in the filing represents the right to receive one share of Exodus Movement’s Class A common stock upon settlement, as the units vest over their respective schedules.

What role does the reporting person hold at Exodus Movement (EXOD)?

The reporting person on this Form 4, James Gernetzke, serves as the Chief Financial Officer of Exodus Movement, Inc. and is reporting his equity award activity in that capacity.