Castagnoli Daniel 4
Accession 0001193125-26-036649
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 6:14 AM ET
Size
5.4 KB
Accession
0001193125-26-036649
Research Summary
AI-generated summary of this filing
Exodus (EXOD) 10% Owner Daniel Castagnoli Withholds 8,892 Shares
What Happened Daniel Castagnoli, a reported 10% owner of Exodus Movement, Inc. (EXOD), had 8,892 shares of Class A common stock withheld by the company on Feb 1, 2026 to satisfy tax withholding obligations upon RSU vesting. The withholding was recorded at $13.09 per share for a total value of approximately $116,396. This was not an open‑market sale by Castagnoli but an internal share withholding (transaction code F) to cover taxes.
Key Details
- Transaction date and price: Feb 1, 2026 at $13.09 per share.
- Shares withheld/disposed: 8,892 shares; aggregate value ≈ $116,396.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes:
- F1 — Shares were withheld to satisfy tax withholding on vested RSUs.
- F2 — $13.09 represents the company’s Class A share price on the vesting date.
- F3 — References RSU grants totaling 336,953 RSUs (143,230 granted 1/1/2023 vesting monthly through 1/1/2027; 146,984 granted 3/13/2024 vesting monthly through 1/1/2028; 46,739 granted 5/21/2025 vesting monthly through 1/1/2029). Each RSU converts to one share at settlement.
- Filing timeliness: The Form 4 was filed Feb 4, 2026; the filing does not indicate a late filing flag.
Context This was a routine tax-withholding event tied to RSU vesting, not an open-market sale or purchase. For retail investors, withholding transactions primarily reflect settlement mechanics and tax obligations rather than a direct signal of insider sentiment.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2][F3]2026-02-01$13.09/sh−8,892$116,396→ 754,885 total
Footnotes (3)
- [F1]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 Class A common stock, par value $0.000001 per share ("Class A Common Stock") to satisfy its tax withholding obligations.
- [F2]Represents the price of the Company's Class A Common Stock on the vesting date.
- [F3]Includes (i) 143,230 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 146,984 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 46,739 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.
Signature
Documents
Issuer
Exodus Movement, Inc.
CIK 0001821534
Related Parties
1- filerCIK 0001967113
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 6:14 AM ET
- Size
- 5.4 KB