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

Rhea-AI Filing Summary

Margaret Knight, a director of Exodus Movement, Inc. (EXOD), reported acquiring 3,238 restricted stock units (RSUs) on 10/02/2025, bringing her total beneficial ownership to 13,238 shares of Class A common stock. The filing shows the 3,238 RSUs were granted under the company's 2021 Equity Incentive Plan and vest in equal monthly installments through 10/01/2026.

The report also discloses 1,666 RSUs that were fully vested as of 09/01/2025 but were omitted from the reporting person's original Form 3 filed on 05/08/2024. The Form 4 was submitted by an attorney-in-fact and signed on 10/06/2025.

Positive

• Director increased ownership with a grant of 3,238 RSUs, raising total beneficial holdings to 13,238 shares
• RSUs vest monthly through 10/01/2026, enhancing multi‑period alignment with shareholders

Negative

• 1,666 RSUs were omitted from the reporting person's original Form 3 filed on 05/08/2024, indicating a prior reporting gap
• RSUs remain unvested until monthly settlement through 10/01/2026, so shares are not immediately available to the director

Insights

Corporate Governance Analyst

Director received time‑based RSUs; vesting completes 10/01/2026.

The reported grant of 3,238 RSUs increases the director's stake to 13,238 shares and represents standard, time‑based equity compensation under the 2021 Equity Incentive Plan. These RSUs convert to one share each upon settlement and vest monthly through 10/01/2026, implying ongoing alignment of the director's interests with shareholders while the units remain unvested.

Reporting accuracy is a governance consideration because 1,666 RSUs were disclosed as omitted from a prior Form 3; monitor any further amendments or clarifications and the final settlement of RSUs by 10/01/2026.

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^*

Knight Margaret

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025

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	10/02/2025		A		3,238	A	$0.00	13,238(1)(2)	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. Includes 3,238 restricted stock units ("RSUs") granted under the Issuer's 2021 Equity Incentive Plan. The RSUs vest in equal monthly installments through October 1, 2026. Each RSU represents the right to receive one share of Class A common stock, par value $0.000001 per share ("Class A Common Stock"), upon settlement.

2. Includes 1,666 restricted stock units ("RSUs") which were fully vested as of September 1, 2025 that were omitted from the reporting person's original Form 3 filed on May 8, 2024.

	/s/ James Gernetzke, attorney-in-fact for Margaret Knight	10/06/2025
	** 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.
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 did Margaret Knight report on Form 4 for EXOD?

Margaret Knight reported acquiring 3,238 RSUs on 10/02/2025, bringing her total beneficial ownership to 13,238 shares of Class A common stock.

When do the RSUs granted to the director vest?

The 3,238 RSUs vest in equal monthly installments through 10/01/2026 under the 2021 Equity Incentive Plan.

Were any prior holdings omitted from earlier filings?

Yes. The filing discloses 1,666 RSUs that were fully vested as of 09/01/2025 but were omitted from the original Form 3 filed on 05/08/2024.

How many shares does the director beneficially own after this transaction?

After the reported transaction, the director beneficially owns 13,238 shares of Class A common stock.

Who signed the Form 4 filing for Margaret Knight?

The Form 4 was signed by James Gernetzke, attorney-in-fact, and dated 10/06/2025.