STOCK TITAN

Exodus Movement (EXOD) president reports RSU tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Exodus Movement, Inc. President and 10% owner Daniel Castagnoli reported a tax-related share disposition tied to restricted stock units (RSUs). On the vesting date, the company withheld 8,892 shares of Class A Common Stock at $10.20 per share to cover tax withholding obligations, rather than selling shares on the market. After this withholding, Castagnoli directly owned 745,993 shares of Class A Common Stock.

Footnotes explain that these holdings also relate to RSU awards originally granted in 2023, 2024, and 2025, which vest in equal monthly installments through January 1, 2027, January 1, 2028, and January 1, 2029, respectively. Each RSU entitles the holder to one share of Class A Common Stock upon settlement.

Positive

  • None.

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Insider Castagnoli Daniel
Role President, 3ZERO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 8,892 $10.20 $91K
Holdings After Transaction: Class A Common Stock — 745,993 shares (Direct)
Footnotes (1)
  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 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) 130,209 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 140,594 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 45,403 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
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Learn about SEC filing dates
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*
Castagnoli Daniel

(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 X 10% Owner
X Officer (give title below) Other (specify below)
President, 3ZERO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F 8,892(1) D $10.2(2) 745,993(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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 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) 130,209 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 140,594 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 45,403 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
/s/ James Gernetzke, attorney-in-fact for Daniel Castagnoli 03/03/2026
** 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.

FAQ

What insider transaction did Exodus Movement (EXOD) report for Daniel Castagnoli?

Exodus Movement reported a tax-withholding disposition by President and 10% owner Daniel Castagnoli. The company withheld 8,892 shares of Class A Common Stock upon RSU vesting to satisfy tax obligations, rather than executing an open-market sale of shares.

How many Exodus Movement (EXOD) shares were withheld for taxes in this Form 4?

The Form 4 shows 8,892 shares of Exodus Movement Class A Common Stock were withheld. This occurred when restricted stock units vested, and the issuer retained those shares to cover tax withholding liabilities associated with the equity compensation settlement.

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

The withheld shares were valued at $10.20 per share, representing the price of Exodus Movement’s Class A Common Stock on the RSU vesting date. This valuation is used solely for the tax-withholding calculation disclosed in the insider’s Form 4 filing.

How many Exodus Movement (EXOD) shares does Daniel Castagnoli own after this transaction?

After the tax-withholding disposition, Daniel Castagnoli directly owned 745,993 shares of Exodus Movement Class A Common Stock. This total reflects his direct holdings following the company’s retention of 8,892 shares to satisfy related tax obligations on vested RSUs.

What RSU grants are associated with Daniel Castagnoli’s Exodus Movement (EXOD) holdings?

Footnotes state his position includes RSUs granted January 1, 2023, March 13, 2024, and May 21, 2025. These RSUs vest in equal monthly installments through January 1, 2027, January 1, 2028, and January 1, 2029, each convertible into one share upon settlement.

Is the Exodus Movement (EXOD) Form 4 transaction an open-market sale by Daniel Castagnoli?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Exodus Movement withheld the shares when RSUs vested to meet tax obligations, meaning shares were retained by the issuer rather than sold into the public market.