Exodus Movement, Inc. filings document material events, governance matters and capital-structure disclosures for a self-custodial cryptocurrency and payments platform. Recent 8-K reports cover preliminary operating results, product-related disclosures, material agreements, secured lending matters, and completed acquisitions involving Monavate Holdings, Baanx.com and Baanx US.
The company's proxy and meeting filings describe board elections, auditor ratification, corporate governance, executive compensation, related-party transactions and shareholder voting mechanics. Other filings address the Exodus Movement, Inc. 2026 Stock Incentive Plan, Class A common stock reserved for equity awards, and the voting structure of Class A and Class B common stock.
FTX Recovery Trust reports ownership of 1,823,486 shares of Exodus Movement, Inc. Class A common stock, representing 21.6% of the 9,412,670 shares outstanding as of May 22, 2025. The shares were deemed transferred to the Trust on the Effective Date of the FTX chapter 11 plan (January 3, 2025), and no funds were used to acquire the reported shares.
The Trust states its purpose is to liquidate assets and make distributions to former creditors under the plan, while continuing to monitor the investment and potentially acquire or dispose of securities. The Trust has made no transactions in the past 60 days and reports no contracts or arrangements with respect to the issuer's securities.
On 8 Aug 2025, Exodus Movement, Inc. (NYSE American: EXOD) filed an 8-K (Item 7.01 – Regulation FD). The company announced a strategic partnership with Superstate, a blockchain-technology firm, to create tokenized representations of EXOD Class A common stock on additional major public blockchains. Management positions the initiative as a way to increase accessibility, liquidity and transparency for current and prospective shareholders by allowing digital versions of the equity to trade natively on-chain. The disclosure is being furnished, not filed, so it carries no Exchange Act liabilities and does not alter previously reported financials or capital structure. A press release with further details is furnished as Exhibit 99.1; no earnings data, guidance or financial impact estimates were provided.
Event: On August 5, 2025, Exodus Movement, Inc. filed a Form 8-K under Item 7.01 to furnish a press release concerning the company’s digital assets holdings and exchange provider processed volume. The press release is attached as Exhibit 99.1 and is incorporated by reference for disclosure purposes only.
Filing details: Registrant: Exodus Movement, Inc. (DE); Commission File No. 001-42047; trading class: Class A Common Stock (EXOD) listed on NYSE American. The report was signed by James Gernetzke, Chief Financial Officer on August 5, 2025. The filing indicates the registrant is an emerging growth company.
Exodus Movement, Inc. (EXOD) – Form 4 filing dated 8/4/2025
Chief Executive Officer, Director and >10% holder Jon Paul Richardson reported an automatic share disposition linked to RSU vesting on 1 Aug 2025. The company withheld 10,469 Class A shares at $30.84 each (≈ $0.32 million) to satisfy statutory tax obligations (Code F). Following the withholding, Richardson directly owns 896,312 Class A shares.
The filing also discloses outstanding RSUs that continue to vest monthly:
- 7,622 RSUs (grant 1/5/2022, vest through 1/1/2026)
- 221,355 RSUs (grant 1/1/2023, vest through 1/1/2027)
- 185,328 RSUs (grant 3/13/2024, vest through 1/1/2028)
- 109,500 RSUs (grant 5/21/2025, vest through 1/1/2029)
No derivatives were exercised or disposed of. Transaction was filed by a single reporting person and executed under normal equity plan procedures, not a 10b5-1 plan.
On 08/01/2025 Exodus Movement, Inc. (EXOD) Chief Financial Officer James Gernetzke filed a Form 4 reflecting an “F” transaction code, meaning the company withheld shares to satisfy tax on vested Restricted Stock Units (RSUs). Exactly 5,221 Class A shares were withheld at $30.84, a non-discretionary disposition that generated no cash for the insider. After the event, Gernetzke still beneficially owns 449,838 Class A shares, including four RSU awards that continue vesting monthly through 2029 (260,689 RSUs in aggregate). Because no open-market sale or purchase occurred, the filing is primarily administrative and leaves the CFO’s economic exposure to EXOD largely unchanged.
Exodus Movement (EXOD) – Form 4 (filed 04 Aug 2025): Director, 10 % owner and President-3ZERO Daniel Castagnoli reported a routine tax-withholding transaction related to vested RSUs.
- Transaction date: 01 Aug 2025
- Transaction code: F (issuer withheld shares for taxes, not an open-market sale)
- Shares withheld: 9,876 Class A common shares at an issuer price of $30.84
- Post-transaction holding: 813,687 Class A shares held directly
- Unvested RSUs still outstanding: 7,622 (grant 01-05-22, vest monthly to 01-01-26); 221,355 (grant 01-01-23, vest to 01-01-27); 185,328 (grant 03-13-24, vest to 01-01-28); 54,751 (grant 05-21-25, vest to 01-01-29)
The filing shows continuing equity alignment; no cash sale occurred and the insider’s net exposure remains substantial. Market impact is expected to be minimal.