Exodus (EXOD) CFO RSUs vest as 5,479 shares withheld for tax

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

1 transaction reported

Mixed 1 txn

Insider Gernetzke James

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	5,479	$7.59	$42K

Holdings After Transaction: Class A Common Stock — 485,522 shares (Direct, null)

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) 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

Tax-withholding shares: 5,479 shares Reference share price: $7.59 per share Shares held after transaction: 485,522 shares +3 more

6 metrics

Tax-withholding shares 5,479 shares Shares withheld on RSU vesting date to cover taxes

Reference share price $7.59 per share Price of Class A Common Stock on vesting date

Shares held after transaction 485,522 shares Direct Class A Common Stock holdings post-transaction

2023 RSU grant 52,084 RSUs Granted January 1, 2023, vesting monthly through January 1, 2027

2024 RSU grant 63,907 RSUs Granted March 13, 2024, vesting monthly through January 1, 2028

2025 RSU grants 41,782 and 76,146 RSUs Granted May 21, 2025 and December 30, 2025, vesting monthly through 2029–2030

Key Terms

Restricted Stock Units ("RSUs"), equity incentive plans, tax withholding obligations, vesting and settlement, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted under the Issuer's equity incentive plans"

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.

equity incentive plans financial

"RSUs previously granted under the Issuer's equity incentive plans, the Issuer withheld shares"

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.

tax withholding obligations financial

"the Issuer withheld shares of Company's Class A common stock ... to satisfy its tax withholding obligations"

vesting and settlement financial

"In connection with the vesting and settlement of Restricted Stock Units ("RSUs") previously granted"

vesting in equal monthly installments financial

"RSUs originally granted ... that vest in equal monthly installments through January 1, 2030"

Form 4 Insider Transactions: What Each Field Means →

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).

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/01/2026		F		5,479(1)	D	$7.59(2)	485,522(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) 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.

Remarks:

	/s/ James Gernetzke	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Exodus CFO James Gernetzke reported a tax-withholding disposition tied to RSU vesting. The company withheld 5,479 shares of Class A Common Stock at $7.59 per share to cover tax obligations arising from equity awards settling in stock.

Did the Exodus (EXOD) CFO sell shares on the open market?

No, this Form 4 shows a tax-withholding event, not an open-market sale. Shares were withheld by the company when RSUs vested, and used to satisfy tax liabilities, a routine administrative step for stock-based compensation.

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

Following the tax-withholding disposition, James Gernetzke directly holds 485,522 shares of Exodus Class A Common Stock. This figure reflects his position after 5,479 shares were withheld to satisfy tax obligations related to vested RSUs.

What RSU awards does the Exodus (EXOD) CFO currently have outstanding?

Footnotes show the CFO holds several RSU grants, including 52,084 RSUs from January 1, 2023 and larger grants from 2024 and 2025. These vest in equal monthly installments through dates between January 1, 2027 and January 1, 2030.

What does the $7.59 price represent in the Exodus (EXOD) Form 4?

The $7.59 per share figure represents the price of Exodus Class A Common Stock on the RSU vesting date. It is used to value the 5,479 withheld shares that the company applied toward the CFO’s tax withholding obligations.