Castagnoli Daniel 4

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.