STOCK TITAN

Exodus Movement (EXOD) president has 8,892 RSU shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Exodus Movement, Inc. reported that President, 3ZERO Daniel Castagnoli had 8,892 shares of Class A Common Stock withheld at $5.17 per share to cover tax obligations tied to vesting restricted stock units. These shares were delivered to the company rather than sold in the market.

After this tax-withholding disposition, Castagnoli directly holds 710,425 shares of Class A Common Stock. Footnotes show ongoing equity incentives, including 78,125 RSUs vesting monthly through January 1, 2027, 115,031 RSUs vesting monthly through January 1, 2028, and 40,062 RSUs vesting monthly through January 1, 2029, each RSU settling into one share.

Positive

  • None.

Negative

  • None.
Insider Castagnoli Daniel
Role President, 3ZERO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 8,892 $5.17 $46K
Holdings After Transaction: Class A Common Stock — 710,425 shares (Direct, null)
Footnotes (1)
  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 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) 78,125 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 115,031 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 40,062 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.
Tax-withheld shares 8,892 shares Class A Common Stock delivered for tax withholding on RSU vesting
Withholding reference price $5.17 per share Price of Class A Common Stock on RSU vesting date
Shares held after transaction 710,425 shares Direct Class A Common Stock ownership after tax-withholding disposition
2023 RSU grant 78,125 RSUs Granted January 1, 2023; vest monthly through January 1, 2027
2024 RSU grant 115,031 RSUs Granted March 13, 2024; vest monthly through January 1, 2028
2025 RSU grant 40,062 RSUs Granted May 21, 2025; vest monthly through January 1, 2029
restricted stock units financial
"In connection with the vesting and settlement of restricted stock units ("RSUs") previously granted under the Issuer's equity incentive plans"
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.
equity incentive plans financial
"RSUs previously granted under the Issuer's equity incentive plans, the Issuer withheld shares of Class A common stock"
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 of Class A common stock ... to satisfy its tax withholding obligations"
Class A Common Stock financial
"shares of 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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Castagnoli Daniel

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
President, 3ZERO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/01/2026F8,892(1)D$5.17(2)710,425(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 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) 78,125 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 115,031 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 40,062 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 Daniel Castagnoli07/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Exodus Movement (EXOD) report for Daniel Castagnoli?

Exodus Movement reported that Daniel Castagnoli had 8,892 Class A shares withheld to satisfy tax obligations from vesting RSUs. These shares were delivered back to the company, not sold on the open market, and reflect a routine tax-withholding event.

How many Exodus Movement (EXOD) shares does Daniel Castagnoli hold after this Form 4?

After the tax-withholding transaction, Daniel Castagnoli directly holds 710,425 shares of Exodus Movement Class A Common Stock. This figure comes from the post-transaction balance disclosed, showing he retains a substantial equity position following the RSU-related withholding.

Was the Exodus Movement (EXOD) insider transaction a market sale of shares?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The company withheld 8,892 Class A shares at $5.17 each to cover tax obligations arising from vesting RSUs previously granted under its equity incentive plans.

What RSU awards are outstanding for Daniel Castagnoli at Exodus Movement (EXOD)?

Footnotes disclose three RSU grants outstanding: 78,125 RSUs granted January 1, 2023, 115,031 RSUs granted March 13, 2024, and 40,062 RSUs granted May 21, 2025. All vest in equal monthly installments, with each RSU settling into one Class A share.

Over what periods do Daniel Castagnoli’s Exodus Movement (EXOD) RSUs vest?

The RSUs vest monthly through specific dates: the 78,125-unit grant through January 1, 2027, the 115,031-unit grant through January 1, 2028, and the 40,062-unit grant through January 1, 2029. These schedules provide a multi-year equity incentive alignment.