Exodus Movement (EXOD) CFO Form 4 shows RSU tax share withholding
Rhea-AI Filing Summary
Exodus Movement, Inc. Chief Financial Officer James Gernetzke reported an automatic share withholding related to equity compensation. On 01/01/2026, 6,509 shares of Class A common stock were withheld to cover tax obligations triggered by the vesting and settlement of previously granted restricted stock units (RSUs) at a share price of $14.79 on the vesting date.
After this tax withholding, Gernetzke beneficially owned 507,438 shares of Class A common stock, including multiple RSU grants that vest in equal monthly installments through dates ranging from January 1, 2027 to January 1, 2030, each RSU delivering one share upon settlement.
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FAQ
What insider transaction did Exodus Movement (EXOD) report for its CFO?
Exodus Movement, Inc. reported that CFO James Gernetzke had 6,509 shares of Class A common stock withheld on 01/01/2026 to satisfy tax withholding obligations arising from the vesting and settlement of previously granted RSUs.
What price was used for the Exodus Movement (EXOD) RSU tax share withholding?
The withheld 6,509 Class A shares were valued at $14.79 per share, which represents the price of the company’s Class A common stock on the RSU vesting date.
How many Exodus Movement (EXOD) shares does the CFO beneficially own after the transaction?
Following the reported withholding transaction, CFO James Gernetzke beneficially owned 507,438 shares of Exodus Movement’s Class A common stock, including shares underlying RSUs.
What RSU awards are included in the Exodus Movement (EXOD) CFO’s holdings?
The 507,438 shares include RSUs originally granted on January 1, 2023 (78,125 RSUs), March 13, 2024 (76,688 RSUs), May 21, 2025 (47,005 RSUs), and December 30, 2025 (83,230 RSUs), each vesting in equal monthly installments through January 1, 2027–2030.
What does each Exodus Movement (EXOD) RSU held by the CFO represent?
Each restricted stock unit held by the CFO represents the right to receive one share of Exodus Movement’s Class A common stock upon settlement, subject to the stated vesting schedules.
Is the Exodus Movement (EXOD) CFO a director or officer according to this filing?
According to the filing, the reporting person is an officer of Exodus Movement, Inc., serving as the company’s Chief Financial Officer, and the form is filed by one reporting person.