Exodus Movement (EXOD) CFO covers taxes, retains 480,043 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Exodus Movement, Inc. Chief Financial Officer James Gernetzke had 5,479 shares of Class A common stock withheld on June 1, 2026 to cover tax obligations tied to vested restricted stock units. The shares were valued at $7.12 each on the vesting date.

After this tax-withholding disposition, Gernetzke holds 480,043 shares of Class A common stock directly, including multiple ongoing RSU awards that vest in monthly installments through dates extending to January 1, 2030.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gernetzke James

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	5,479	$7.12	$39K

Holdings After Transaction: Class A Common Stock — 480,043 shares (Direct, null)

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) 45,573 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 60,711 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 40,477 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 74,375 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.

Key Figures

Shares withheld for taxes: 5,479 shares Withholding price: $7.12 per share Shares held after transaction: 480,043 shares +4 more

7 metrics

Shares withheld for taxes 5,479 shares Class A common stock withheld to satisfy RSU tax obligations on June 1, 2026

Withholding price $7.12 per share Price of Class A common stock on RSU vesting date used for tax calculation

Shares held after transaction 480,043 shares Total Class A common stock held directly by CFO after tax withholding

2023 RSU grant 45,573 RSUs Originally granted January 1, 2023; vest monthly through January 1, 2027

2024 RSU grant 60,711 RSUs Originally granted March 13, 2024; vest monthly through January 1, 2028

May 2025 RSU grant 40,477 RSUs Originally granted May 21, 2025; vest monthly through January 1, 2029

Dec. 2025 RSU grant 74,375 RSUs Originally granted December 30, 2025; vest monthly through January 1, 2030

Key Terms

Restricted Stock Units ("RSUs"), tax withholding obligations, equity incentive plans, vesting date, +1 more

5 terms

Restricted Stock Units ("RSUs") 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 (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligations financial

"the Issuer withheld shares ... to satisfy its tax withholding obligations"

equity incentive plans financial

"Restricted Stock Units ("RSUs") previously granted under the Issuer's equity incentive plans"

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.

vesting date financial

"Represents the price of the Company's Class A common stock on the vesting date."

settlement financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs")"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 05:25 PM

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^*

Gernetzke James

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/01/2026		F		5,479⁽¹⁾	D	$7.12⁽²⁾	480,043⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Company's 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) 45,573 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 60,711 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 40,477 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 74,375 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.

Remarks:

	/s/ James Gernetzke	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Exodus Movement (EXOD) report for its CFO?

Exodus Movement CFO James Gernetzke had 5,479 Class A shares withheld to cover tax obligations on vested RSUs. This disposition was a tax payment mechanism, not an open-market sale, and reflects routine equity compensation settlement.

At what price were the withheld Exodus Movement (EXOD) shares valued?

The 5,479 withheld Class A shares were valued at $7.12 per share, representing the market price on the RSU vesting date. This price is used solely to determine the number of shares needed to satisfy tax obligations.

How many Exodus Movement (EXOD) shares does the CFO hold after this transaction?

Following the tax-withholding disposition, CFO James Gernetzke holds 480,043 shares of Exodus Movement Class A common stock directly. This total reflects his post-transaction equity position, including shares underlying his remaining restricted stock unit awards.

Was the Exodus Movement (EXOD) CFO’s transaction an open-market sale?

No, the CFO’s transaction was not an open-market sale. Shares were withheld by Exodus Movement to satisfy tax withholding obligations on vested RSUs, a common administrative step in equity compensation rather than a discretionary sale.

What ongoing RSU grants does the Exodus Movement (EXOD) CFO have?

The CFO’s holdings include RSUs granted in 2023, 2024, and 2025 that vest monthly through dates ranging from January 1, 2027 to January 1, 2030. Each restricted stock unit converts into one share of Class A common stock upon settlement.