Exodus Movement (EXOD) CFO has 5,479 shares withheld for RSU taxes
Rhea-AI Filing Summary
Exodus Movement, Inc. Chief Financial Officer James Gernetzke reported a tax-related share withholding tied to vested restricted stock units. On 02/01/2026, the company withheld 5,479 shares of Class A common stock at $13.09 per share to cover tax obligations upon RSU vesting and settlement.
After this transaction, Gernetzke beneficially owned 501,959 shares of Class A common stock, including RSUs that vest in monthly installments through dates ranging from January 1, 2027 to January 1, 2030. Each RSU represents one share deliverable upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,479 | $13.09 | $72K |
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) 71,615 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 73,493 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 45,700 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 81,459 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
FAQ
What did Exodus Movement (EXOD) disclose in this Form 4 filing?
What restricted stock unit grants are outstanding for the Exodus Movement (EXOD) CFO?