Richardson Jon Paul 4

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

AI-generated summary of this filing

Updated May 4, 2026

Exodus (EXOD) CEO Jon Paul Richardson Sells 9,464 Shares

What Happened

Jon Paul Richardson, CEO of Exodus Movement, had 9,464 shares of Class A common stock withheld/disposed to satisfy tax withholding related to the vesting and settlement of RSUs. The shares are recorded as disposed at $7.59 per share for a total of $71,832.

Key Details

Transaction date: 2026-05-01; Price: $7.59/share; Shares withheld/disposed: 9,464; Total value: $71,832.
Transaction code: F — withholding of shares to satisfy tax withholding obligations on RSU settlement (not an open-market sale).
Footnotes: The filing notes these shares were withheld upon settlement of RSUs. Footnote details three prior RSU grants that vest monthly (104,167 RSUs from 1/1/2023; 127,813 RSUs from 3/13/2024; 85,464 RSUs from 5/21/2025).
Price note: $7.59 reflects the company’s Class A share price on the vesting date (per filing).
Shares owned after the transaction: not specified in the provided filing.
Filing timeliness: Filed 2026-05-04 for a 2026-05-01 transaction; the report is not marked late.

Context

This was a tax-withholding/cashless settlement of vested RSUs (code F), not a discretionary open-market sale — common when restricted stock units vest and the company withholds shares to cover taxes.
For retail investors, these transactions generally reflect routine tax-related processing of executive equity awards rather than a direct signal of confidence or liquidation intent.

Form 4

Period: 2026-05-01

DirectorChief Executive Officer10% Owner

Transactions

Tax Payment
Class A Common Stock
[F1][F2][F3]
2026-05-01$7.59/sh−9,464$71,832→ 805,646 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) 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) 85,464 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 Jon Paul Richardson|2026-05-04

1 file