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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,509 | $14.79 | $96K |
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) 78,125 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 76,688 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 47,005 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 83,230 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 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 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.