[Form 4] Exodus Movement, Inc. Insider Trading Activity
On 01/03/2025, pursuant to a confirmed Chapter 11 plan, all shares of Exodus Movement, Inc. previously owned by the debtors were deemed transferred to FTX Recovery Trust. The Form 4 reports that the Trust now beneficially owns 1,823,486 shares of Class A common stock. The transaction is recorded on the Form 4 with transaction code J and is explained as occurring under the confirmed reorganization plan.
The filing lists the reporting person as FTX Recovery Trust and indicates the Form was filed by one reporting person. No derivative securities are reported on Table II. The disclosure clarifies post-plan beneficial ownership but does not show any open-market sale or price per share.
Il 01/03/2025, in esecuzione di un piano di ristrutturazione confermato ai sensi del Capitolo 11, tutte le azioni di Exodus Movement, Inc. precedentemente detenute dai debitori sono state considerate trasferite al FTX Recovery Trust. Il Form 4 riporta che il Trust detiene beneficiariamente 1,823,486 azioni ordinarie di Classe A. La transazione 猫 registrata nel Form 4 con codice transazione J e viene descritta come avvenuta in virt霉 del piano di riorganizzazione confermato.
La comunicazione indica il soggetto dichiarante come FTX Recovery Trust e segnala che il modulo 猫 stato presentato da un unico dichiarante. In Tabella II non sono riportati strumenti derivati. La disclosure chiarisce la titolarit脿 beneficiaria post-piano, ma non riporta alcuna vendita sul mercato aperto n茅 il prezzo per azione.
El 01/03/2025, en virtud de un plan confirmado en el Cap铆tulo 11, todas las acciones de Exodus Movement, Inc. que antes pertenec铆an a los deudores se consideraron transferidas al FTX Recovery Trust. El Formulario 4 informa que el Trust posee a efectos beneficiarios 1,823,486 acciones ordinarias Clase A. La operaci贸n figura en el Form 4 con el c贸digo de transacci贸n J y se explica como realizada conforme al plan de reorganizaci贸n confirmado.
La presentaci贸n identifica al declarante como FTX Recovery Trust y se帽ala que el formulario fue presentado por una sola persona declarante. En la Tabla II no se registran valores derivados. La divulgaci贸n aclara la titularidad beneficiaria tras el plan, pero no muestra ninguna venta en el mercado abierto ni el precio por acci贸n.
01/03/2025鞐�, 頇曥澑霅� Chapter 11 鞛“歆� 瓿勴殟鞐� 霐半澕 毂勲鞛愲摛鞚� 鞚挫爠鞐� 氤挫湢頄堧崢 Exodus Movement, Inc.鞚� 氇摖 欤检嫕鞚� FTX Recovery Trust搿� 鞏戨弰霅� 瓴冹溂搿� 臧勳＜霅橃棃鞀惦媹雼�. Form 4電� 頃措嫻 韸鸽煬鞀ろ姼臧� 鞁れ鞝侅溂搿� 1,823,486欤检潣 韥措灅鞀� A 氤错喌欤茧ゼ 氤挫湢頃橁碃 鞛堨潓鞚� 氤搓碃頃╇媹雼�. 瓯半灅電� 瓯半灅 旖旊摐 J搿� Form 4鞐� 旮办灛霅橃柎 鞛堨溂氅� 頇曥澑霅� 鞛“歆� 瓿勴殟鞐� 霐半澕 氚滌儩頃� 瓴冹溂搿� 靹る獏霅橃柎 鞛堨姷雼堧嫟.
鞁犼碃靹滌棎電� 鞁犼碃鞚胳溂搿� FTX Recovery Trust臧� 旮办灛霅橃柎 鞛堦碃, 頃橂倶鞚� 鞁犼碃鞚胳棎 鞚橅暣 鞝滌稖霅橃棃鞚岇澊 響滌嫓霅╇媹雼�. 響� II鞐愲姅 韺岇儩歃濌秾鞚� 旮办灛霅橃柎 鞛堨 鞎婌姷雼堧嫟. 鞚� 瓿奠嫓電� 瓿勴殟 頇曥爼 頉勳潣 鞁れ鞝� 靻岇湢甓岇潉 氚濏瀳瓿� 鞛堨溂雮� 瓿店皽鞁滌灔 毵り皝鞚措倶 欤茧嫻 臧�瓴╈潃 旮办灛頃橃 鞎婌姷雼堧嫟.
Le 01/03/2025, en application d'un plan Chapitre 11 confirm茅, l'ensemble des actions d'Exodus Movement, Inc. pr茅c茅demment d茅tenues par les d茅biteurs a 茅t茅 consid茅r茅 comme transf茅r茅 au FTX Recovery Trust. Le Formulaire 4 indique que le Trust d茅tient en usufruit 茅conomique 1,823,486 actions ordinaires de classe A. La transaction est enregistr茅e sur le Form 4 avec le code op茅ration J et est expliqu茅e comme r茅alis茅e dans le cadre du plan de r茅organisation confirm茅.
Le dossier identifie la personne d茅clarante comme FTX Recovery Trust et pr茅cise que le formulaire a 茅t茅 d茅pos茅 par une seule personne d茅clarante. Aucune valeur d茅riv茅e n'est signal茅e dans le Tableau II. La divulgation pr茅cise la propri茅t茅 b茅n茅ficiaire post鈥憄lan, mais ne mentionne ni vente sur le march茅 ouvert ni prix par action.
Am 01.03.2025, kraft eines best盲tigten Chapter-11-Plans, wurden alle Aktien der Exodus Movement, Inc., die zuvor den Schuldnern geh枚rten, als auf den FTX Recovery Trust 眉bertragen angesehen. Das Formular 4 meldet, dass der Trust wirtschaftlich 1,823,486 Stammaktien der Klasse A besitzt. Die Transaktion ist im Formular 4 mit dem Transaktionscode J verzeichnet und wird als im Rahmen des best盲tigten Reorganisationsplans erfolgt erl盲utert.
Die Einreichung nennt den Meldepflichtigen als FTX Recovery Trust und gibt an, dass das Formular von einer meldepflichtigen Person eingereicht wurde. In Tabelle II sind keine derivativen Wertpapiere aufgef眉hrt. Die Offenlegung kl盲rt die wirtschaftliche Eigent眉merschaft nach dem Plan, weist jedoch keinen Verkauf am offenen Markt oder einen Preis je Aktie aus.
- Clear disclosure of the transfer of 1,823,486 Class A shares to FTX Recovery Trust, improving transparency about post-reorganization ownership
- No derivative positions reported on Table II, simplifying the ownership picture to direct common shares
- Ownership changed as a result of a Chapter 11 reorganization, indicating the shares moved from debtor estates to a recovery trust rather than to diversified public holders
- Potential concentration of 1,823,486 Class A shares in a single recovery trust could affect future distributions or voting, based on the disclosed transfer
Insights
FTX Recovery Trust became the disclosed beneficial owner of 1.823M EXOD Class A shares under a confirmed bankruptcy plan.
The Form 4 documents a transfer effective 01/03/2025 that moved 1,823,486 Class A shares of Exodus Movement to FTX Recovery Trust. The transaction is recorded with code J and is described in the form's explanation as occurring under a confirmed Chapter 11 reorganization plan. There are no derivative holdings reported. For investors this filing updates the registry of beneficial ownership following the reorganization; it does not report a market sale or cash proceeds.
From a governance view, shares previously held by the debtors are now centralized in a recovery trust, and the transfer is publicly disclosed.
The filing names FTX Recovery Trust as the beneficial owner of 1,823,486 Class A shares and marks the transfer as occurring on the reorganization plan's effective date. The Form indicates the reporting person relationship as a director and that the form was filed by a single reporting person. No derivative securities are listed, and the explanatory text ties the change directly to the confirmed Chapter 11 plan rather than to a market transaction.
Il 01/03/2025, in esecuzione di un piano di ristrutturazione confermato ai sensi del Capitolo 11, tutte le azioni di Exodus Movement, Inc. precedentemente detenute dai debitori sono state considerate trasferite al FTX Recovery Trust. Il Form 4 riporta che il Trust detiene beneficiariamente 1,823,486 azioni ordinarie di Classe A. La transazione 猫 registrata nel Form 4 con codice transazione J e viene descritta come avvenuta in virt霉 del piano di riorganizzazione confermato.
La comunicazione indica il soggetto dichiarante come FTX Recovery Trust e segnala che il modulo 猫 stato presentato da un unico dichiarante. In Tabella II non sono riportati strumenti derivati. La disclosure chiarisce la titolarit脿 beneficiaria post-piano, ma non riporta alcuna vendita sul mercato aperto n茅 il prezzo per azione.
El 01/03/2025, en virtud de un plan confirmado en el Cap铆tulo 11, todas las acciones de Exodus Movement, Inc. que antes pertenec铆an a los deudores se consideraron transferidas al FTX Recovery Trust. El Formulario 4 informa que el Trust posee a efectos beneficiarios 1,823,486 acciones ordinarias Clase A. La operaci贸n figura en el Form 4 con el c贸digo de transacci贸n J y se explica como realizada conforme al plan de reorganizaci贸n confirmado.
La presentaci贸n identifica al declarante como FTX Recovery Trust y se帽ala que el formulario fue presentado por una sola persona declarante. En la Tabla II no se registran valores derivados. La divulgaci贸n aclara la titularidad beneficiaria tras el plan, pero no muestra ninguna venta en el mercado abierto ni el precio por acci贸n.
01/03/2025鞐�, 頇曥澑霅� Chapter 11 鞛“歆� 瓿勴殟鞐� 霐半澕 毂勲鞛愲摛鞚� 鞚挫爠鞐� 氤挫湢頄堧崢 Exodus Movement, Inc.鞚� 氇摖 欤检嫕鞚� FTX Recovery Trust搿� 鞏戨弰霅� 瓴冹溂搿� 臧勳＜霅橃棃鞀惦媹雼�. Form 4電� 頃措嫻 韸鸽煬鞀ろ姼臧� 鞁れ鞝侅溂搿� 1,823,486欤检潣 韥措灅鞀� A 氤错喌欤茧ゼ 氤挫湢頃橁碃 鞛堨潓鞚� 氤搓碃頃╇媹雼�. 瓯半灅電� 瓯半灅 旖旊摐 J搿� Form 4鞐� 旮办灛霅橃柎 鞛堨溂氅� 頇曥澑霅� 鞛“歆� 瓿勴殟鞐� 霐半澕 氚滌儩頃� 瓴冹溂搿� 靹る獏霅橃柎 鞛堨姷雼堧嫟.
鞁犼碃靹滌棎電� 鞁犼碃鞚胳溂搿� FTX Recovery Trust臧� 旮办灛霅橃柎 鞛堦碃, 頃橂倶鞚� 鞁犼碃鞚胳棎 鞚橅暣 鞝滌稖霅橃棃鞚岇澊 響滌嫓霅╇媹雼�. 響� II鞐愲姅 韺岇儩歃濌秾鞚� 旮办灛霅橃柎 鞛堨 鞎婌姷雼堧嫟. 鞚� 瓿奠嫓電� 瓿勴殟 頇曥爼 頉勳潣 鞁れ鞝� 靻岇湢甓岇潉 氚濏瀳瓿� 鞛堨溂雮� 瓿店皽鞁滌灔 毵り皝鞚措倶 欤茧嫻 臧�瓴╈潃 旮办灛頃橃 鞎婌姷雼堧嫟.
Le 01/03/2025, en application d'un plan Chapitre 11 confirm茅, l'ensemble des actions d'Exodus Movement, Inc. pr茅c茅demment d茅tenues par les d茅biteurs a 茅t茅 consid茅r茅 comme transf茅r茅 au FTX Recovery Trust. Le Formulaire 4 indique que le Trust d茅tient en usufruit 茅conomique 1,823,486 actions ordinaires de classe A. La transaction est enregistr茅e sur le Form 4 avec le code op茅ration J et est expliqu茅e comme r茅alis茅e dans le cadre du plan de r茅organisation confirm茅.
Le dossier identifie la personne d茅clarante comme FTX Recovery Trust et pr茅cise que le formulaire a 茅t茅 d茅pos茅 par une seule personne d茅clarante. Aucune valeur d茅riv茅e n'est signal茅e dans le Tableau II. La divulgation pr茅cise la propri茅t茅 b茅n茅ficiaire post鈥憄lan, mais ne mentionne ni vente sur le march茅 ouvert ni prix par action.
Am 01.03.2025, kraft eines best盲tigten Chapter-11-Plans, wurden alle Aktien der Exodus Movement, Inc., die zuvor den Schuldnern geh枚rten, als auf den FTX Recovery Trust 眉bertragen angesehen. Das Formular 4 meldet, dass der Trust wirtschaftlich 1,823,486 Stammaktien der Klasse A besitzt. Die Transaktion ist im Formular 4 mit dem Transaktionscode J verzeichnet und wird als im Rahmen des best盲tigten Reorganisationsplans erfolgt erl盲utert.
Die Einreichung nennt den Meldepflichtigen als FTX Recovery Trust und gibt an, dass das Formular von einer meldepflichtigen Person eingereicht wurde. In Tabelle II sind keine derivativen Wertpapiere aufgef眉hrt. Die Offenlegung kl盲rt die wirtschaftliche Eigent眉merschaft nach dem Plan, weist jedoch keinen Verkauf am offenen Markt oder einen Preis je Aktie aus.
FAQ
What transaction was reported for Exodus Movement (EXOD)?
Who is the reporting person in the Form 4 for EXOD?
Why did the shares transfer to FTX Recovery Trust?
Were any derivative securities reported in this filing for EXOD?
Does the Form 4 show a sale or price per share?
