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Exodus Movement (EXOD) CFO reports RSU tax withholding, holds 491,001 shares

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

Rhea-AI Filing Summary

Exodus Movement, Inc. Chief Financial Officer James Gernetzke reported a routine tax-related share withholding tied to vested RSUs. On the vesting date, 5,479 shares of Class A Common Stock were withheld by the company at $6.50 per share to cover tax obligations, rather than sold on the open market.

After this tax-withholding disposition, he directly holds 491,001 shares of Class A Common Stock. His equity position also includes RSUs that vest monthly through 2030, with grants of 58,594 RSUs from January 1, 2023, 67,102 from March 13, 2024, 43,088 from May 21, 2025, and 77,917 from December 30, 2025, each convertible into an equal number of shares upon settlement.

Positive

  • None.

Negative

  • None.
Insider Gernetzke James
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 5,479 $6.50 $36K
Holdings After Transaction: Class A Common Stock — 491,001 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 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) 58,594 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 67,102 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 43,088 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 77,917 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.
Shares withheld for taxes 5,479 shares Tax-withholding disposition on RSU vesting date
Reference share price $6.50 per share Price of Class A Common Stock on RSU vesting date
Shares held after transaction 491,001 shares Direct Class A Common Stock holdings following tax withholding
2023 RSU grant 58,594 RSUs Granted January 1, 2023, vesting monthly through January 1, 2027
2024 RSU grant 67,102 RSUs Granted March 13, 2024, vesting monthly through January 1, 2028
2025 RSU grant (May) 43,088 RSUs Granted May 21, 2025, vesting monthly through January 1, 2029
2025 RSU grant (Dec) 77,917 RSUs Granted December 30, 2025, vesting monthly through January 1, 2030
Restricted Stock Units ("RSUs") financial
"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted"
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
"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.
Class A Common Stock financial
"shares of Company's Class A common stock, par value $0.000001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting date financial
"Represents the price of the Company's Class A common stock on the vesting date."
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026F5,479(1)D$6.5(2)491,001(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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) 58,594 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 67,102 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 43,088 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 77,917 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 Gernetzke04/03/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Exodus Movement (EXOD) CFO James Gernetzke report in this Form 4?

He reported a tax-withholding disposition of 5,479 shares of Class A Common Stock at $6.50 per share. The shares were withheld by the company to satisfy tax obligations from vested RSUs, not sold in an open-market transaction.

Is the Exodus Movement (EXOD) CFO’s Form 4 transaction an open-market sale?

No, the transaction reflects 5,479 shares withheld to cover tax liabilities on vested RSUs at $6.50 per share. The company retained these shares to pay taxes, so it does not represent a discretionary open-market sale of stock.

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

Following the tax-withholding disposition, CFO James Gernetzke directly holds 491,001 shares of Class A Common Stock. This figure excludes additional unvested RSUs that may convert into shares over time as they continue to vest under existing grant schedules.

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

Outstanding RSUs include 58,594 granted January 1, 2023, 67,102 granted March 13, 2024, 43,088 granted May 21, 2025, and 77,917 granted December 30, 2025. These vest in equal monthly installments, with final vesting dates ranging from 2027 through 2030.

What price per share is referenced in the Exodus Movement (EXOD) Form 4 filing?

The filing references a price of $6.50 per share for the company’s Class A Common Stock. Footnotes clarify this reflects the stock price on the RSU vesting date, which was used to calculate the value of shares withheld for tax obligations.