Skelton Tyler 4
Research Summary
AI-generated summary
Exodus (EXOD) Director Tyler Skelton Receives RSU Award
What Happened
Tyler Skelton, a director of Exodus Movement, Inc., was granted 1,417 restricted stock units (RSUs) on April 28, 2026. The grant is recorded at $0.00 per RSU (total reported value $0) and represents an award of future shares rather than an open-market purchase. According to the filing the RSUs will be fully vested on May 1, 2026 and each RSU entitles Skelton to one share of Class A common stock upon settlement.
Key Details
- Transaction date: 2026-04-28; Transaction type: Award/Grant (code A)
- Amount: 1,417 RSUs granted at $0.00 per unit (reported acquisition value $0)
- Vesting/settlement: RSUs will be fully vested on May 1, 2026 and settle 1:1 into Class A shares (see footnote F1)
- Plan: RSUs were granted under the Issuer’s 2026 Equity Incentive Plan (per footnote)
- Shares owned after transaction: Not disclosed in this Form 4 filing
- Timeliness: Reported on the same date as the transaction; no late filing noted
Context
This is a standard equity compensation award to a director, not a market purchase or sale. RSU grants are common for aligning management/director interests with shareholders; they do not represent immediately tradable shares until vested and settled. The filing simply reports the grant details and vesting schedule—no cash changed hands at grant.