Exodus (EXOD) CEO reports 9,464-share tax withholding on RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Exodus Movement, Inc. director and CEO Jon Paul Richardson reported a tax-related share disposition tied to vested equity awards. On the vesting of previously granted Restricted Stock Units (RSUs), the company withheld 9,464 shares of Class A Common Stock at $6.50 per share to cover tax obligations, rather than executing an open-market sale. After this withholding, Richardson directly holds 815,110 shares of Class A Common Stock. Footnotes also note ongoing RSU grants totaling 117,188, 134,203, and 88,135 units that vest in equal monthly installments through January 1, 2027, January 1, 2028, and January 1, 2029, respectively, each RSU settling into one share upon vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Richardson Jon Paul

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	9,464	$6.50	$62K

Holdings After Transaction: Class A Common Stock — 815,110 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 Company's 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) 117,188 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 134,203 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 88,135 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.

Key Figures

Tax-withheld shares: 9,464 shares Withholding price: $6.50 per share Shares held after transaction: 815,110 shares +3 more

6 metrics

Tax-withheld shares 9,464 shares Class A Common Stock withheld for RSU tax obligations at $6.50

Withholding price $6.50 per share Price of Class A Common Stock on RSU vesting date

Shares held after transaction 815,110 shares CEO’s direct Class A Common Stock holdings following tax withholding

2023 RSU grant 117,188 RSUs Originally granted January 1, 2023; vests monthly through January 1, 2027

2024 RSU grant 134,203 RSUs Originally granted March 13, 2024; vests monthly through January 1, 2028

2025 RSU grant 88,135 RSUs Originally granted May 21, 2025; vests monthly through January 1, 2029

Key Terms

Restricted Stock Units ("RSUs"), equity incentive plans, tax withholding obligations, Class A Common Stock, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

equity incentive plans financial

"previously granted under the Issuer's equity incentive plans, the Issuer withheld shares..."

Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

tax withholding obligations financial

"the Issuer withheld shares ... to satisfy its tax withholding obligations."

Class A Common Stock financial

"Company's Class A common stock, par value $0.000001 per share ("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.

vesting date financial

"Represents the price of the Company's Class A Common Stock on the vesting date."

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:18 PM

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

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/01/2026		F		9,464⁽¹⁾	D	$6.5⁽²⁾	815,110⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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) 117,188 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 134,203 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 88,135 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.

Remarks:

	/s/ James Gernetzke, attorney-in-fact for Jon Paul Richardson	04/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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

Exodus Movement reported that CEO Jon Paul Richardson had 9,464 shares of Class A Common Stock withheld to satisfy tax obligations on vested RSUs. This was a tax-withholding disposition, not an open-market stock sale, and reflects settlement of prior equity awards.

Was the Exodus (EXOD) CEO’s Form 4 transaction an open-market sale of shares?

No. The filing shows a tax-withholding disposition, where 9,464 shares were withheld by the company at $6.50 per share to cover taxes on vested RSUs. It does not represent an open-market sale initiated by the CEO.

How many Exodus (EXOD) shares does CEO Jon Paul Richardson hold after this transaction?

After the tax-withholding disposition, Jon Paul Richardson directly holds 815,110 shares of Exodus Movement Class A Common Stock. This post-transaction balance reflects his remaining direct ownership following the company’s withholding of shares to meet tax obligations on vested RSUs.

What RSU awards for Exodus (EXOD) does the CEO still have outstanding?

Footnotes state that Richardson holds RSUs totaling 117,188, 134,203, and 88,135 units from grants in 2023, 2024, and 2025. These RSUs vest in equal monthly installments through January 1, 2027, January 1, 2028, and January 1, 2029, each converting into one share upon settlement.

At what price were the withheld Exodus (EXOD) shares valued for the CEO’s tax obligation?

The filing states the withheld 9,464 shares of Class A Common Stock were valued at $6.50 per share. A footnote explains this price represents the company’s Class A Common Stock price on the RSU vesting date used for the tax-withholding calculation.