[Form 4] Exodus Movement, Inc. Insider Trading Activity
On 08/01/2025 Exodus Movement, Inc. (EXOD) Chief Financial Officer James Gernetzke filed a Form 4 reflecting an 鈥淔鈥� 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 $30.84, a non-discretionary disposition that generated no cash for the insider. After the event, Gernetzke still beneficially owns 449,838 Class A shares, including four RSU awards that continue vesting monthly through 2029 (260,689 RSUs in aggregate). Because no open-market sale or purchase occurred, the filing is primarily administrative and leaves the CFO鈥檚 economic exposure to EXOD largely unchanged.
Il 01/08/2025 James Gernetzke, Chief Financial Officer di Exodus Movement, Inc. (EXOD), ha presentato un Modulo 4 con un codice di transazione 鈥淔鈥�, che indica che la societ脿 ha trattenuto azioni per coprire le tasse sulle Restricted Stock Units (RSU) maturate. Esattamente 5.221 azioni di Classe A sono state trattenute al prezzo di 30,84$, una disposizione non discrezionale che non ha generato liquidit脿 per l鈥檌nsider. Dopo l鈥檈vento, Gernetzke detiene ancora beneficiariamente 449.838 azioni di Classe A, inclusi quattro premi RSU che continueranno a maturare mensilmente fino al 2029 (per un totale di 260.689 RSU). Poich茅 non 猫 avvenuta alcuna vendita o acquisto sul mercato aperto, la comunicazione 猫 principalmente di natura amministrativa e non modifica sostanzialmente l鈥檈sposizione economica del CFO verso EXOD.
El 01/08/2025, James Gernetzke, Director Financiero de Exodus Movement, Inc. (EXOD), present贸 un Formulario 4 con un c贸digo de transacci贸n 鈥淔鈥�, lo que significa que la empresa retuvo acciones para cubrir impuestos sobre las Restricted Stock Units (RSU) adquiridas. Exactamente 5.221 acciones Clase A fueron retenidas a 30,84$, una disposici贸n no discrecional que no gener贸 efectivo para el insider. Tras el evento, Gernetzke sigue poseyendo beneficiosamente 449.838 acciones Clase A, incluyendo cuatro premios de RSU que contin煤an adquiri茅ndose mensualmente hasta 2029 (260.689 RSU en total). Dado que no hubo venta ni compra en el mercado abierto, la presentaci贸n es principalmente administrativa y deja la exposici贸n econ贸mica del CFO a EXOD pr谩cticamente sin cambios.
2025雲� 8鞗� 1鞚�, Exodus Movement, Inc.(EXOD)鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 鞝滌瀯鞀� 瓯半劋旄犾紑電� 'F' 瓯半灅 旖旊摐臧赌 氚橃榿霅� Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞚措姅 須岇偓臧赌 旆摑頃� 鞝滍暅 欤检嫕 雼渼(RSUs)鞐� 雽�頃� 靹戈笀鞚� 於╇嫻頃橁赴 鞙勴暣 欤检嫕鞚� 鞗愳矞歆曥垬頄堨潓鞚� 鞚橂頃╇媹雼�. 鞝曧檿頌� 5,221欤� 韥措灅鞀� A 欤检嫕臧赌 30.84雼煬鞐� 鞗愳矞歆曥垬霅橃棃鞙茧┌, 鞚措姅 雮措秬鞛愳棎瓴� 順勱笀鞚� 氚滌儩鞁滍偆歆� 鞎婋姅 牍勳灛霟夓爜 觳橂秳鞛呺媹雼�. 鞚� 靷贝 鞚错泟 瓯半劋旄犾紑電� 瓿勳啀頃挫劀 449,838欤� 韥措灅鞀� A 欤检嫕鞚� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨溂氅�, 2029雲勱箤歆� 毵れ洈 瓿勳啀 旆摑霅橂姅 4臧滌潣 RSU 氤挫儊(齑� 260,689 RSU)鞚� 韽暔頃╇媹雼�. 瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ臧赌 鞐嗢棃旮� 霑岆鞐� 鞚� 鞝滌稖鞚� 欤茧 頄夓爼鞝侅澑 靹标博鞚措┌ CFO鞚� EXOD鞐� 雽�頃� 瓴届牅鞝� 雲胳稖鞚� 瓯办潣 氤�頃橃 鞎婌晿鞀惦媹雼�.
Le 01/08/2025, James Gernetzke, directeur financier d'Exodus Movement, Inc. (EXOD), a d茅pos茅 un formulaire 4 avec un code de transaction 芦 F 禄, signifiant que la soci茅t茅 a retenu des actions pour r茅gler les taxes sur les Restricted Stock Units (RSU) acquises. Exactement 5 221 actions de classe A ont 茅t茅 retenues au prix de 30,84 $, une disposition non discr茅tionnaire qui n'a g茅n茅r茅 aucun liquidit茅 pour l'initi茅. Apr猫s cet 茅v茅nement, Gernetzke d茅tient toujours b茅n茅ficiairement 449 838 actions de classe A, incluant quatre attributions de RSU qui continuent de s'acqu茅rir mensuellement jusqu'en 2029 (260 689 RSU au total). Comme aucune vente ou achat sur le march茅 ouvert n'a eu lieu, le d茅p么t est principalement administratif et laisse l'exposition 茅conomique du directeur financier 脿 EXOD largement inchang茅e.
Am 01.08.2025 reichte James Gernetzke, Chief Financial Officer von Exodus Movement, Inc. (EXOD), ein Formular 4 mit dem Transaktionscode 鈥濬鈥� ein, was bedeutet, dass das Unternehmen Aktien einbehalten hat, um die Steuern auf unverfallbare Restricted Stock Units (RSUs) zu begleichen. Genau 5.221 Class A Aktien wurden zu 30,84$ einbehalten, eine nicht diskretion盲re Verf眉gung, die f眉r den Insider keinen Geldzufluss brachte. Nach diesem Ereignis besitzt Gernetzke weiterhin wirtschaftlich 449.838 Class A Aktien, darunter vier RSU-Zuteilungen, die bis 2029 monatlich weiter vesten (insgesamt 260.689 RSUs). Da kein Verkauf oder Kauf am offenen Markt stattfand, ist die Meldung haupts盲chlich administrativer Natur und 盲ndert die wirtschaftliche Beteiligung des CFO an EXOD kaum.
- Large residual holding: CFO still controls 449,838 shares, maintaining strong alignment with shareholder interests.
- Long-term vesting schedule through 2029 suggests executive retention and ongoing commitment.
- Slight dilution: 5,221 shares were added to the company鈥檚 treasury, marginally increasing the share count (immaterial).
Insights
TL;DR: Tax-withholding, not true sale; negligible market impact.
The 鈥淔鈥� code indicates shares were surrendered to cover payroll taxes on RSU vesting, a routine event. Only ~1.2% of the executive鈥檚 post-transaction holdings were involved, and no price-setting trade occurred. The CFO鈥檚 remaining 449.8k shares鈥攑lus a multi-year vesting schedule鈥攕ignal continued alignment with shareholders. I view the disclosure as neutral for valuation or sentiment.
TL;DR: Routine equity administration; governance posture unchanged.
The report shows proper Section 16 compliance and transparent disclosure of RSU tax withholding. Continued large ownership stake reduces agency risk. No red flags on timing or volume, supporting best-practice governance. Impact on investors is minimal.
Il 01/08/2025 James Gernetzke, Chief Financial Officer di Exodus Movement, Inc. (EXOD), ha presentato un Modulo 4 con un codice di transazione 鈥淔鈥�, che indica che la societ脿 ha trattenuto azioni per coprire le tasse sulle Restricted Stock Units (RSU) maturate. Esattamente 5.221 azioni di Classe A sono state trattenute al prezzo di 30,84$, una disposizione non discrezionale che non ha generato liquidit脿 per l鈥檌nsider. Dopo l鈥檈vento, Gernetzke detiene ancora beneficiariamente 449.838 azioni di Classe A, inclusi quattro premi RSU che continueranno a maturare mensilmente fino al 2029 (per un totale di 260.689 RSU). Poich茅 non 猫 avvenuta alcuna vendita o acquisto sul mercato aperto, la comunicazione 猫 principalmente di natura amministrativa e non modifica sostanzialmente l鈥檈sposizione economica del CFO verso EXOD.
El 01/08/2025, James Gernetzke, Director Financiero de Exodus Movement, Inc. (EXOD), present贸 un Formulario 4 con un c贸digo de transacci贸n 鈥淔鈥�, lo que significa que la empresa retuvo acciones para cubrir impuestos sobre las Restricted Stock Units (RSU) adquiridas. Exactamente 5.221 acciones Clase A fueron retenidas a 30,84$, una disposici贸n no discrecional que no gener贸 efectivo para el insider. Tras el evento, Gernetzke sigue poseyendo beneficiosamente 449.838 acciones Clase A, incluyendo cuatro premios de RSU que contin煤an adquiri茅ndose mensualmente hasta 2029 (260.689 RSU en total). Dado que no hubo venta ni compra en el mercado abierto, la presentaci贸n es principalmente administrativa y deja la exposici贸n econ贸mica del CFO a EXOD pr谩cticamente sin cambios.
2025雲� 8鞗� 1鞚�, Exodus Movement, Inc.(EXOD)鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 鞝滌瀯鞀� 瓯半劋旄犾紑電� 'F' 瓯半灅 旖旊摐臧赌 氚橃榿霅� Form 4毳� 鞝滌稖頄堨姷雼堧嫟. 鞚措姅 須岇偓臧赌 旆摑頃� 鞝滍暅 欤检嫕 雼渼(RSUs)鞐� 雽�頃� 靹戈笀鞚� 於╇嫻頃橁赴 鞙勴暣 欤检嫕鞚� 鞗愳矞歆曥垬頄堨潓鞚� 鞚橂頃╇媹雼�. 鞝曧檿頌� 5,221欤� 韥措灅鞀� A 欤检嫕臧赌 30.84雼煬鞐� 鞗愳矞歆曥垬霅橃棃鞙茧┌, 鞚措姅 雮措秬鞛愳棎瓴� 順勱笀鞚� 氚滌儩鞁滍偆歆� 鞎婋姅 牍勳灛霟夓爜 觳橂秳鞛呺媹雼�. 鞚� 靷贝 鞚错泟 瓯半劋旄犾紑電� 瓿勳啀頃挫劀 449,838欤� 韥措灅鞀� A 欤检嫕鞚� 鞁れ鞝侅溂搿� 氤挫湢頃橁碃 鞛堨溂氅�, 2029雲勱箤歆� 毵れ洈 瓿勳啀 旆摑霅橂姅 4臧滌潣 RSU 氤挫儊(齑� 260,689 RSU)鞚� 韽暔頃╇媹雼�. 瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ臧赌 鞐嗢棃旮� 霑岆鞐� 鞚� 鞝滌稖鞚� 欤茧 頄夓爼鞝侅澑 靹标博鞚措┌ CFO鞚� EXOD鞐� 雽�頃� 瓴届牅鞝� 雲胳稖鞚� 瓯办潣 氤�頃橃 鞎婌晿鞀惦媹雼�.
Le 01/08/2025, James Gernetzke, directeur financier d'Exodus Movement, Inc. (EXOD), a d茅pos茅 un formulaire 4 avec un code de transaction 芦 F 禄, signifiant que la soci茅t茅 a retenu des actions pour r茅gler les taxes sur les Restricted Stock Units (RSU) acquises. Exactement 5 221 actions de classe A ont 茅t茅 retenues au prix de 30,84 $, une disposition non discr茅tionnaire qui n'a g茅n茅r茅 aucun liquidit茅 pour l'initi茅. Apr猫s cet 茅v茅nement, Gernetzke d茅tient toujours b茅n茅ficiairement 449 838 actions de classe A, incluant quatre attributions de RSU qui continuent de s'acqu茅rir mensuellement jusqu'en 2029 (260 689 RSU au total). Comme aucune vente ou achat sur le march茅 ouvert n'a eu lieu, le d茅p么t est principalement administratif et laisse l'exposition 茅conomique du directeur financier 脿 EXOD largement inchang茅e.
Am 01.08.2025 reichte James Gernetzke, Chief Financial Officer von Exodus Movement, Inc. (EXOD), ein Formular 4 mit dem Transaktionscode 鈥濬鈥� ein, was bedeutet, dass das Unternehmen Aktien einbehalten hat, um die Steuern auf unverfallbare Restricted Stock Units (RSUs) zu begleichen. Genau 5.221 Class A Aktien wurden zu 30,84$ einbehalten, eine nicht diskretion盲re Verf眉gung, die f眉r den Insider keinen Geldzufluss brachte. Nach diesem Ereignis besitzt Gernetzke weiterhin wirtschaftlich 449.838 Class A Aktien, darunter vier RSU-Zuteilungen, die bis 2029 monatlich weiter vesten (insgesamt 260.689 RSUs). Da kein Verkauf oder Kauf am offenen Markt stattfand, ist die Meldung haupts盲chlich administrativer Natur und 盲ndert die wirtschaftliche Beteiligung des CFO an EXOD kaum.
FAQ
What did EXOD's CFO report in the August 2025 Form 4?
Was there an open-market sale of EXOD stock?
How many EXOD shares does the CFO now own?
What was the share price used for withholding?
Do the CFO鈥檚 RSUs continue to vest?
