Exodus CFO has 5,479 shares withheld for taxes
Exodus Movement, Inc. Chief Financial Officer James Gernetzke had shares withheld to cover taxes on vested equity.
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Rhea-AI Filing Summary
Exodus Movement, Inc. Chief Financial Officer James Gernetzke had shares withheld to cover taxes on vested equity. In connection with the vesting and settlement of Restricted Stock Units (RSUs), the company withheld 5,479 shares of Class A Common Stock at a reference price of $7.59 per share to satisfy tax withholding obligations.
After this tax-withholding disposition, Gernetzke directly holds 485,522 shares of Class A Common Stock. He also holds multiple RSU awards that vest in equal monthly installments through dates ranging from January 1, 2027 to January 1, 2030, each RSU representing the right to receive one share upon settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 5,479 | $7.59 | $42K |
Footnotes (3)
- F1. 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.
- F2. Represents the price of the Company's Class A common stock on the vesting date.
- F3. Includes (i) 52,084 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 63,907 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 41,782 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 76,146 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.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
equity incentive plans financial
tax withholding obligations financial
vesting and settlement financial
vesting in equal monthly installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Exodus (EXOD) CFO James Gernetzke report in this Form 4?
What RSU awards does the Exodus (EXOD) CFO currently have outstanding?
What does the $7.59 price represent in the Exodus (EXOD) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.