[Form 4] Exodus Movement, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Daniel Castagnoli, a director, officer (President, 3ZERO) and 10% owner of Exodus Movement, Inc. (EXOD), reported a Form 4 transaction on 10/01/2025. In connection with RSU vesting, the issuer withheld 9,878 shares of Class A Common Stock (code F) to satisfy tax obligations at a price of $27.78 per share. Following this withholding, he beneficially owns 793,931 shares, reported as direct ownership.

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

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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)
10/01/2025

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	10/01/2025		F		9,878(1)	D	$27.78(2)	793,931(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) 4,574 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 195,513 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (iii) 172,547 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 52,080 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	10/03/2025
	** 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).
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FAQ

What did EXOD disclose in this Form 4?

The issuer withheld 9,878 Class A shares from Daniel Castagnoli on 10/01/2025 to satisfy taxes upon RSU vesting, at $27.78 per share.

How many EXOD shares does the reporting person now own?

Following the transaction, the reporting person beneficially owns 793,931 shares with direct ownership.

What was the transaction code and what does it indicate?

The transaction used code F, indicating shares were withheld by the issuer to cover tax withholding on equity vesting.

Who is the reporting person and their relationship to EXOD?

The reporting person is Daniel Castagnoli, a Director, 10% Owner, and Officer (President, 3ZERO) of Exodus Movement, Inc.

What equity awards are referenced in the filing?

The beneficial ownership includes RSUs originally granted on Jan 5, 2022, Jan 1, 2023, Mar 13, 2024, and May 21, 2025, each vesting monthly through Jan 1, 2029.

What was the price used for the tax withholding shares?

The filing states the price was the Class A share price on the vesting date: $27.78 per share.