Castagnoli Daniel 4

4 · Exodus Movement, Inc. · Filed May 4, 2026

AI-generated summary of this filing

Updated May 4, 2026

Exodus (EXOD) 10% Owner Daniel Castagnoli Withholds 8,892 Shares

What Happened

Daniel Castagnoli, a reported 10% owner of Exodus Movement, had 8,892 shares of Class A common stock withheld to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. The withholding is reported as a disposition (transaction code F) at $7.59 per share, totaling approximately $67,490.

Key Details

Transaction date: 2026-05-01; Filing date: 2026-05-04.
Price used: $7.59 per share (per filing footnote as the share price on the vesting date).
Shares withheld/disposed: 8,892; aggregate value ≈ $67,490.
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Notable footnotes:
- F1: Shares were withheld to satisfy tax withholding on vested RSUs.
- F2: $7.59 reflects the company's Class A share price on the vesting date.
- F3: The RSU awards include grants from 2023, 2024 and 2025 with multi-year monthly vesting schedules.
Filing timeliness: Filing shows a May 4, 2026 report for a May 1, 2026 transaction; no late-filing flag is indicated in the provided data.

Context

This was a tax-withholding disposition tied to RSU settlement, not an open-market sale. Such withholdings are routine and generally reflect administrative tax obligations rather than a deliberate sale signaling sentiment.
As a 10% owner, Castagnoli is a significant insider; the transaction reflects settlement of previously granted equity awards rather than a new purchase or strategic sale.

Form 4

Period: 2026-05-01

DirectorPresident, 3ZERO10% Owner

Transactions

Tax Payment
Class A Common Stock
[F1][F2][F3]
2026-05-01$7.59/sh−8,892$67,490→ 728,209 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) 104,167 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 127,813 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 42,732 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

/s/ James Gernetzke, attorney-in-fact for Daniel Castagnoli|2026-05-04

1 file