Exodus Movement (EXOD) CEO reports RSU-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exodus Movement, Inc. director and Chief Executive Officer Jon Paul Richardson reported a small administrative share transaction linked to equity compensation. In connection with the vesting and settlement of previously granted Restricted Stock Units, the company withheld 9,464 shares of Class A Common Stock at $10.20 per share to satisfy tax withholding obligations. Following this tax-withholding disposition, Richardson directly holds 824,574 shares of Class A Common Stock, and his remaining RSUs continue to vest over time under existing equity incentive plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Richardson Jon Paul
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 9,464 | $10.20 | $97K |
Holdings After Transaction:
Class A Common Stock — 824,574 shares (Direct)
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) 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) 90,805 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.