AG˹ٷ

STOCK TITAN

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

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

On July 1, 2025, Exodus Movement, Inc. (EXOD) Chief Financial Officer James Gernetzke filed a Form 4 disclosing an automatic disposition of 5,221 Class A common shares coded "F"—a designation for shares withheld by the issuer to cover payroll taxes on vested equity awards. The shares were valued at $28.83, the closing price on the vesting date.

After the transaction, the executive’s direct beneficial ownership totals 455,059 shares. This figure encompasses four outstanding Restricted Stock Unit (RSU) grants that continue to vest monthly through dates ranging from January 1, 2026 to January 1, 2029 and represent an aggregate of 272,461 RSUs yet to settle.

The filing shows no open-market sales, option exercises, or derivative activity. Because the share removal was solely for statutory tax withholding and represents about 1.1 % of the executive’s post-transaction holdings, it is generally viewed as a routine administrative event rather than a directional signal on the company’s prospects.

Il 1° luglio 2025, il Chief Financial Officer di Exodus Movement, Inc. (EXOD), James Gernetzke, ha presentato un modulo Form 4 per comunicare una disposizione automatica di 5.221 azioni ordinarie di Classe A contrassegnate con il codice "F", ovvero azioni trattenute dall'emittente per coprire le imposte sul reddito da premi azionari maturati. Le azioni sono state valutate a 28,83$, prezzo di chiusura nel giorno di maturazione.

Dopo questa operazione, la proprietà diretta dell'esecutivo ammonta a 455.059 azioni. Questo numero include quattro concessioni di Restricted Stock Unit (RSU) ancora in corso, che maturano mensilmente fino a date comprese tra il 1° gennaio 2026 e il 1° gennaio 2029, per un totale aggregato di 272.461 RSU ancora da liquidare.

La comunicazione non indica vendite sul mercato aperto, esercizi di opzioni o attività su derivati. Poiché la rimozione delle azioni è stata effettuata esclusivamente per il trattenimento fiscale obbligatorio e rappresenta circa l'1,1% delle partecipazioni dell'esecutivo dopo la transazione, l'evento è generalmente considerato una normale procedura amministrativa e non un segnale sul futuro dell'azienda.

El 1 de julio de 2025, el Director Financiero de Exodus Movement, Inc. (EXOD), James Gernetzke, presentó un Formulario 4 revelando una disposición automática de 5.221 acciones ordinarias Clase A codificadas como "F", una designación para acciones retenidas por el emisor para cubrir impuestos sobre la nómina relacionados con premios de capital adquiridos. Las acciones fueron valoradas en $28.83, precio de cierre en la fecha de adquisición.

Tras la transacción, la propiedad directa beneficiosa del ejecutivo suma 455.059 acciones. Esta cifra abarca cuatro concesiones pendientes de Unidades de Acciones Restringidas (RSU) que continúan adquiriéndose mensualmente hasta fechas entre el 1 de enero de 2026 y el 1 de enero de 2029, representando un total agregado de 272.461 RSU aún por liquidar.

El informe no muestra ventas en mercado abierto, ejercicios de opciones ni actividad derivada. Dado que la reducción de acciones fue únicamente para la retención fiscal obligatoria y representa aproximadamente el 1,1 % de las participaciones del ejecutivo tras la transacción, generalmente se considera un evento administrativo rutinario y no una señal sobre las perspectivas de la empresa.

2025� 7� 1�, Exodus Movement, Inc. (EXOD)� 최고재무책임�(CFO) James Gernetzke가 자동 처분� 5,221� 클래� A 보통주를 신고하는 Form 4� 제출했습니다. � 주식은 "F" 코드가 붙어 있는�, 이는 취득� 주식 보상� 대� 급여세를 충당하기 위해 발행사가 원천징수� 주식� 의미합니�. 해당 주식� 가치는 취득� 종가� $28.83� 평가되었습니�.

거래 �, 경영진의 직접 소유 주식은 � 455,059�입니�. 이에� 2026� 1� 1�붶� 2029� 1� 1�까지 매월 계속 취득되는 � 건의 제한 주식 단위(RSU) 부여가 포함되어 있으�, � 272,461 RSU가 아직 정산되지 않은 상태입니�.

신고서에� 공개 시장에서� 매도, 옵션 행사 또는 파생상품 거래 내역� 없습니다. 주식 처분� 법정 세금 원천징수� 위한 것일 뿐이�, 거래 � 경영� 보유 주식� � 1.1%� 해당하므�, 이는 회사� 전망� 대� 방향� 신호라기보다 일반적인 행정 절차� 간주됩니�.

Le 1er juillet 2025, le directeur financier de Exodus Movement, Inc. (EXOD), James Gernetzke, a déposé un formulaire 4 révélant une cession automatique de 5 221 actions ordinaires de classe A codées "F", une désignation pour les actions retenues par l'émetteur afin de couvrir les impôts sur la paie liés aux attributions d'actions acquises. Les actions ont été évaluées à 28,83 $, le cours de clôture à la date d'acquisition.

Après la transaction, la propriété bénéficiaire directe de l'exécutif s'élève à 455 059 actions. Ce chiffre comprend quatre attributions en cours d'Unités d'Actions Restreintes (RSU) qui continuent à se consolider mensuellement jusqu'à des dates comprises entre le 1er janvier 2026 et le 1er janvier 2029, représentant un total cumulé de 272 461 RSU restant à régler.

Le dépôt ne montre aucune vente sur le marché ouvert, exercice d'options ou activité dérivée. Étant donné que le retrait des actions a été effectué uniquement pour la retenue fiscale statutaire et représente environ 1,1 % des avoirs de l'exécutif après la transaction, il est généralement considéré comme un événement administratif de routine plutôt qu'un signal directionnel sur les perspectives de l'entreprise.

Am 1. Juli 2025 reichte James Gernetzke, Chief Financial Officer von Exodus Movement, Inc. (EXOD), ein Formular 4 ein, in dem eine automatische Veräußerung von 5.221 Class-A-Stammaktien mit dem Code "F" offengelegt wurde � eine Kennzeichnung für Aktien, die vom Emittenten einbehalten werden, um Lohnsteuern auf unverfallbare Aktienprämien abzudecken. Die Aktien wurden mit 28,83 $ bewertet, dem Schlusskurs am Tag der Unverfallbarkeit.

Nach der Transaktion beläuft sich der direkte wirtschaftliche Eigentumsanteil des Managers auf insgesamt 455.059 Aktien. Diese Zahl umfasst vier ausstehende Restricted Stock Unit (RSU)-Zuteilungen, die monatlich bis zu Terminen zwischen dem 1. Januar 2026 und dem 1. Januar 2029 weiter unverfallen und insgesamt 272.461 RSUs darstellen, die noch abzuwickeln sind.

Die Einreichung zeigt keine Verkäufe am offenen Markt, Ausübungen von Optionen oder Derivateaktivitäten. Da die Aktienabgabe ausschließlich zur gesetzlichen Steuerabführung erfolgte und etwa 1,1 % der Aktienbestände des Managers nach der Transaktion ausmacht, wird dies allgemein als routinemäßiges administratives Ereignis und nicht als richtungsweisendes Signal für die Aussichten des Unternehmens betrachtet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding; negligible impact on ownership structure or market signal.

The F-coded disposition simply satisfies payroll tax on RSUs that vested according to previously disclosed schedules. With 455 k shares still owned, insider alignment remains intact. No price-sensitive information, earnings data, or strategy updates accompany the filing, so market impact should be minimal.

TL;DR: Standard administrative filing, no governance red flags detected.

Form 4 adherence is timely and transparent. The continued multi-year vesting cadence reinforces long-term incentive alignment for the CFO. The absence of discretionary selling or 10b5-1 plan activity suggests no shift in insider sentiment. Governance risk unchanged.

Il 1° luglio 2025, il Chief Financial Officer di Exodus Movement, Inc. (EXOD), James Gernetzke, ha presentato un modulo Form 4 per comunicare una disposizione automatica di 5.221 azioni ordinarie di Classe A contrassegnate con il codice "F", ovvero azioni trattenute dall'emittente per coprire le imposte sul reddito da premi azionari maturati. Le azioni sono state valutate a 28,83$, prezzo di chiusura nel giorno di maturazione.

Dopo questa operazione, la proprietà diretta dell'esecutivo ammonta a 455.059 azioni. Questo numero include quattro concessioni di Restricted Stock Unit (RSU) ancora in corso, che maturano mensilmente fino a date comprese tra il 1° gennaio 2026 e il 1° gennaio 2029, per un totale aggregato di 272.461 RSU ancora da liquidare.

La comunicazione non indica vendite sul mercato aperto, esercizi di opzioni o attività su derivati. Poiché la rimozione delle azioni è stata effettuata esclusivamente per il trattenimento fiscale obbligatorio e rappresenta circa l'1,1% delle partecipazioni dell'esecutivo dopo la transazione, l'evento è generalmente considerato una normale procedura amministrativa e non un segnale sul futuro dell'azienda.

El 1 de julio de 2025, el Director Financiero de Exodus Movement, Inc. (EXOD), James Gernetzke, presentó un Formulario 4 revelando una disposición automática de 5.221 acciones ordinarias Clase A codificadas como "F", una designación para acciones retenidas por el emisor para cubrir impuestos sobre la nómina relacionados con premios de capital adquiridos. Las acciones fueron valoradas en $28.83, precio de cierre en la fecha de adquisición.

Tras la transacción, la propiedad directa beneficiosa del ejecutivo suma 455.059 acciones. Esta cifra abarca cuatro concesiones pendientes de Unidades de Acciones Restringidas (RSU) que continúan adquiriéndose mensualmente hasta fechas entre el 1 de enero de 2026 y el 1 de enero de 2029, representando un total agregado de 272.461 RSU aún por liquidar.

El informe no muestra ventas en mercado abierto, ejercicios de opciones ni actividad derivada. Dado que la reducción de acciones fue únicamente para la retención fiscal obligatoria y representa aproximadamente el 1,1 % de las participaciones del ejecutivo tras la transacción, generalmente se considera un evento administrativo rutinario y no una señal sobre las perspectivas de la empresa.

2025� 7� 1�, Exodus Movement, Inc. (EXOD)� 최고재무책임�(CFO) James Gernetzke가 자동 처분� 5,221� 클래� A 보통주를 신고하는 Form 4� 제출했습니다. � 주식은 "F" 코드가 붙어 있는�, 이는 취득� 주식 보상� 대� 급여세를 충당하기 위해 발행사가 원천징수� 주식� 의미합니�. 해당 주식� 가치는 취득� 종가� $28.83� 평가되었습니�.

거래 �, 경영진의 직접 소유 주식은 � 455,059�입니�. 이에� 2026� 1� 1�붶� 2029� 1� 1�까지 매월 계속 취득되는 � 건의 제한 주식 단위(RSU) 부여가 포함되어 있으�, � 272,461 RSU가 아직 정산되지 않은 상태입니�.

신고서에� 공개 시장에서� 매도, 옵션 행사 또는 파생상품 거래 내역� 없습니다. 주식 처분� 법정 세금 원천징수� 위한 것일 뿐이�, 거래 � 경영� 보유 주식� � 1.1%� 해당하므�, 이는 회사� 전망� 대� 방향� 신호라기보다 일반적인 행정 절차� 간주됩니�.

Le 1er juillet 2025, le directeur financier de Exodus Movement, Inc. (EXOD), James Gernetzke, a déposé un formulaire 4 révélant une cession automatique de 5 221 actions ordinaires de classe A codées "F", une désignation pour les actions retenues par l'émetteur afin de couvrir les impôts sur la paie liés aux attributions d'actions acquises. Les actions ont été évaluées à 28,83 $, le cours de clôture à la date d'acquisition.

Après la transaction, la propriété bénéficiaire directe de l'exécutif s'élève à 455 059 actions. Ce chiffre comprend quatre attributions en cours d'Unités d'Actions Restreintes (RSU) qui continuent à se consolider mensuellement jusqu'à des dates comprises entre le 1er janvier 2026 et le 1er janvier 2029, représentant un total cumulé de 272 461 RSU restant à régler.

Le dépôt ne montre aucune vente sur le marché ouvert, exercice d'options ou activité dérivée. Étant donné que le retrait des actions a été effectué uniquement pour la retenue fiscale statutaire et représente environ 1,1 % des avoirs de l'exécutif après la transaction, il est généralement considéré comme un événement administratif de routine plutôt qu'un signal directionnel sur les perspectives de l'entreprise.

Am 1. Juli 2025 reichte James Gernetzke, Chief Financial Officer von Exodus Movement, Inc. (EXOD), ein Formular 4 ein, in dem eine automatische Veräußerung von 5.221 Class-A-Stammaktien mit dem Code "F" offengelegt wurde � eine Kennzeichnung für Aktien, die vom Emittenten einbehalten werden, um Lohnsteuern auf unverfallbare Aktienprämien abzudecken. Die Aktien wurden mit 28,83 $ bewertet, dem Schlusskurs am Tag der Unverfallbarkeit.

Nach der Transaktion beläuft sich der direkte wirtschaftliche Eigentumsanteil des Managers auf insgesamt 455.059 Aktien. Diese Zahl umfasst vier ausstehende Restricted Stock Unit (RSU)-Zuteilungen, die monatlich bis zu Terminen zwischen dem 1. Januar 2026 und dem 1. Januar 2029 weiter unverfallen und insgesamt 272.461 RSUs darstellen, die noch abzuwickeln sind.

Die Einreichung zeigt keine Verkäufe am offenen Markt, Ausübungen von Optionen oder Derivateaktivitäten. Da die Aktienabgabe ausschließlich zur gesetzlichen Steuerabführung erfolgte und etwa 1,1 % der Aktienbestände des Managers nach der Transaktion ausmacht, wird dies allgemein als routinemäßiges administratives Ereignis und nicht als richtungsweisendes Signal für die Aussichten des Unternehmens betrachtet.

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 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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
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 07/01/2025 F 5,221(1) D $28.83(2) 455,059(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) 4,574 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 117,188 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (iii) 95,860 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 54,839 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
/s/ James Gernetzke 07/03/2025
** 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 Exodus Movement (EXOD) shares did the CFO dispose of on July 1 2025?

The Form 4 reports 5,221 shares of Class A common stock were withheld.

Why were the EXOD shares withheld from the CFO?

They were automatically withheld to cover statutory tax obligations triggered by RSU vesting.

What does transaction code "F" signify in a Form 4 filing?

Code F denotes share disposal to pay tax withholdings on equity compensation, not an open-market sale.

What is the CFO’s total beneficial ownership after the reported transaction?

James Gernetzke now beneficially owns 455,059 shares of EXOD.

How long will the disclosed RSU grants continue to vest?

The four grants vest monthly, with final vesting dates ranging from January 1 2026 to January 1 2029.
Exodus Movement

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836.20M
3.33M
12.78%
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Software - Infrastructure
Finance Services
United States
OMAHA