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

Rhea-AI Filing Summary

James Gernetzke, Chief Financial Officer of Exodus Movement, Inc. (EXOD), reported a transaction dated 10/01/2025 in which 5,223 shares of Class A common stock were disposed of to satisfy tax withholding upon vesting of restricted stock units. The disposition price is reported as $27.78 per share. Following the withholding, Mr. Gernetzke beneficially owns 439,393 shares.

The filing explains the holdings include vested and unvested RSUs from multiple grants: 2,287 RSUs from 1/5/2022 vesting through 1/1/2026; 97,657 RSUs from 1/1/2023 vesting through 1/1/2027; 86,274 RSUs from 3/13/2024 vesting through 1/1/2028; and 50,922 RSUs from 5/21/2025 vesting through 1/1/2029. Each RSU converts to one share on settlement.

Insights

Corporate Insider Compliance Specialist

TL;DR: A routine tax-withholding share disposition following RSU settlement; disclosure aligns with Section 16 reporting.

The Form 4 shows a 10/01/2025 transaction where 5,223 Class A shares were withheld and disposed at $27.78 to satisfy tax obligations tied to RSU vesting. This is a standard mechanism companies use to meet withholding without requiring cash from the insider.

The filing is signed and dated 10/03/2025, and discloses the reporting person retains beneficial ownership of 439,393 shares, meeting the Form 4 requirement to report post-transaction holdings.

Equity Compensation Analyst

TL;DR: The filing details multiple RSU grants and staggered vesting schedules totaling material ongoing equity exposure.

Reported holdings incorporate RSU grants: 2,287, 97,657, 86,274, and 50,922 units with final vesting dates through 1/1/2029. Each RSU converts to one share upon settlement, indicating continued potential dilution and future insider vesting events.

This snapshot clarifies the mix of vested and unvested units underlying the insider's ownership; no option exercises or derivative transactions are reported.

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).

1. Name and Address of Reporting Person^*

Gernetzke James

(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)

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

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		5,223(1)	D	$27.78(2)	439,393(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 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) 2,287 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 97,657 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (iii) 86,274 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 50,922 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	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).
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.