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

Rhea-AI Filing Summary

TaskUs (TASK) Form 4 — CEO insider transaction

On 07/31/2025, Chief Executive Officer, Director and 10% owner Bryce Maddock converted 53,333 performance-based restricted stock units (code M) into an equal number of Class A shares after the Compensation Committee certified that stock-price growth hurdles for the first performance period were met. To satisfy withholding taxes, 20,988 shares were automatically disposed of at $17.08 (code F), resulting in a net increase of 32,345 shares.

Post-transaction Maddock’s direct holdings rise to 1,116,660 shares. He also controls 1,118,321 shares through the Bryce Maddock Family Trust, 1,193,789 via the Maddock 2015 Irrevocable Trust and 140,553 via the Maddock 2015 Exempt Irrevocable Trust. A further 186,667 unvested performance RSUs remain outstanding. No open-market buying or selling occurred and there are no changes to his positions within the company.

Positive

• Performance milestone achieved: vesting of 53,333 RSUs confirms stock-price growth targets were met.
• Insider ownership rises: CEO’s direct stake increases to over 1.1 million shares, aligning interests with shareholders.

Negative

• Shares withheld for taxes: 20,988 shares disposed at $17.08 reduces gross award by 39%.
• No open-market purchase: activity is compensation-related, limiting positive market signal.

Insights

Securities Analyst

TL;DR: Routine RSU vesting; CEO adds 32k shares, no open-market activity — neutral impact.

The filing shows expected vesting of performance RSUs, indicating TASK hit internal share-price targets. Although Maddock’s direct stake grows by only ~2.9 % (32,345/1,116,660), the event is non-cash and largely mechanical. Tax withholding explains the share disposition, so there is limited signaling value versus an open-market buy. The sizeable remaining 186,667 RSUs suggest further potential dilution but also additional performance incentives. Overall, the disclosure is standard for executive compensation plans and should not materially affect valuation.

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

X

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^*

McGregor Veronica

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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	08/01/2025		F		3,027(1)	D	$30.84(2)	253,579(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) 3,473 RSUs originally granted on January 4, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 73,785 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027 and (iii) 61,777 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

	/s/ James Gernetzke, attorney-in-fact for Veronica McGregor	08/04/2025
	** 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.

FAQ

How many TaskUs shares did CEO Bryce Maddock acquire on 07/31/2025?

He acquired 53,333 Class A shares through RSU conversion, netting 32,345 after tax withholding.

What is Bryce Maddock’s total direct ownership in TASK after the filing?

His direct holdings total 1,116,660 Class A shares.

Were any shares sold on the open market in this Form 4?

No. The only disposition was 20,988 shares withheld for taxes; no open-market sale occurred.

How many performance-based RSUs does Maddock still hold?

He retains 186,667 unvested performance RSUs.

Why did the RSUs vest?

The Compensation Committee certified that stock-price growth thresholds for the first performance period were achieved.