Gernetzke James 4
4 · Exodus Movement, Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Exodus Movement (EXOD) CFO James Gernetzke Withholds 5,479 Shares
What Happened
James Gernetzke, Chief Financial Officer of Exodus Movement (EXOD), had 5,479 shares of Class A common stock withheld to satisfy tax withholding on vested Restricted Stock Units (RSUs). The shares were valued at $7.59 each for a total of approximately $41,586. This was a withholding to cover tax liability (transaction code F), not an open‑market sale intended as a directional trade.
Key Details
- Transaction date and price: May 1, 2026; 5,479 shares withheld at $7.59 per share (total ≈ $41,586). (Footnote F2: price equals the share price on the vesting date.)
- Transaction type: F — tax withholding/share surrender to satisfy tax obligations upon RSU settlement.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Filing: Report filed May 4, 2026 (no late-filing indication in the provided data).
- Footnotes of note:
- F1: Issuer withheld shares to satisfy tax withholding on vested RSUs.
- F3: The RSUs relate to multiple grants with ongoing monthly vesting schedules (grants from 2023, 2024, 2025 and 2025–12–30) that convert 1:1 into Class A shares upon settlement.
Context
This was a routine tax-withholding event tied to RSU vesting (a common "cashless" settlement practice). Such withholdings are administrative and do not necessarily indicate the insider's view of the company's stock.
Insider Transaction Report
Form 4
Gernetzke James
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
[F1][F2][F3]2026-05-01$7.59/sh−5,479$41,586→ 485,522 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 Company's 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) 52,084 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 63,907 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 41,782 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 76,146 RSUs originally granted on December 30, 2025 that vest in equal monthly installments through January 1, 2030. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
Signature
/s/ James Gernetzke|2026-05-04