Richardson Jon Paul 4

What Happened
Jon Paul Richardson, CEO of Exodus Movement, had 9,464 shares of Class A common stock disposed/withheld on June 1, 2026 to satisfy tax withholding on vested RSUs. The reported per-share value on the vesting date was $7.12, for a total of $67,384. This was a tax-withholding disposition tied to RSU settlement (routine), not an open-market sale intended as a directional trade.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (timely filing; no late filing indicated).
• Disposed/withheld: 9,464 shares at $7.12 per share; total reported value $67,384.
• Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting.
• Shares owned after transaction: not specified in the data provided.
• Footnotes: F1–F3 note that shares were withheld to cover tax obligations on vested RSUs; F2 is the market price on vesting date; F3 describes the underlying RSU grants and vesting schedules (grants from 2023, 2024, 2025 with staggered monthly vesting through 2027–2029).

Context
This was a cashless/withholding action tied to RSU settlement—common for executives when awards vest. Such withholding is administrative and does not necessarily signal the CEO’s view on Exodus stock; purchases are generally more informative about insider sentiment.