Exodus CEO has 9,464 shares withheld for taxes
Exodus Movement, Inc. director and CEO Jon Paul Richardson reported a tax-related share disposition tied to vested equity awards.
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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 9,464 | $6.50 | $62K |
Footnotes (3)
- F1. 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.
- F2. Represents the price of the Company's Class A Common Stock on the vesting date.
- F3. 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
Key Terms
Restricted Stock Units ("RSUs") financial
equity incentive plans financial
tax withholding obligations financial
Class A Common Stock financial
vesting date financial
FAQ
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What insider transaction did Exodus Movement (EXOD) report for Jon Paul Richardson?
What RSU awards for Exodus (EXOD) does the CEO still have outstanding?
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