MacKinlay Carol 4
Research Summary
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Exodus (EXOD) Director Carol MacKinlay Receives Award of 1,417 RSUs
What Happened Carol MacKinlay, a director of Exodus Movement, Inc. (EXOD), was granted 1,417 restricted stock units (RSUs) on April 28, 2026. The grant was reported as an acquisition at a $0.00 per-unit grant price (total reported value $0). According to the filing, the RSUs will be fully vested on May 1, 2026 and each RSU represents the right to receive one share of Class A common stock upon settlement. This was a compensation award (not a purchase or sale).
Key Details
- Transaction date: 2026-04-28; grant reported as acquisition (A) at $0.00 per RSU.
- Amount granted: 1,417 RSUs; total immediate reported value $0 (per Form 4).
- Vesting/settlement: RSUs will be fully vested on May 1, 2026 and convert one-for-one into shares upon settlement (see footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Plan/authority: RSUs were granted under the Issuer’s 2026 Equity Incentive Plan (per footnote).
- Filing timeliness: transaction and report share the same date (2026-04-28); filing shows no late-report indication.
Context RSU grants are typically compensation for service and do not, by themselves, indicate a director buying or selling stock. Once vested and settled, these RSUs will increase the director’s shareholding by up to 1,417 shares (subject to settlement and any tax-withholding not noted in this filing). For investors, this is a routine equity-compensation item rather than a direct market bet by the insider.