Gernetzke James 4

4 · Exodus Movement, Inc. · Filed Jul 2, 2026

AI-generated summary of this filing

Updated Jul 2, 2026

Exodus (EXOD) CFO James Gernetzke Pays Tax Withholding on RSUs

What Happened

James Gernetzke, Chief Financial Officer of Exodus Movement, had 5,479 shares of Class A common stock withheld to satisfy tax withholding on vested Restricted Stock Units (RSUs). The withholding was recorded at $5.17 per share, for a total value of $28,326. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

Transaction date and price: 2026-07-01 at $5.17 per share (footnote F2 indicates this is the price on the vesting date).
Shares withheld/disposed: 5,479 shares; total value ~$28,326.
Shares owned after transaction: Not stated in the provided filing.
Footnotes: F1 confirms shares were withheld to satisfy tax withholding on RSU settlement; F3 lists the underlying RSU grants and their staggered vesting schedules (grants from 2023–2025 vesting monthly through 2027–2030).
Timeliness: Report filed 2026-07-02 for a 2026-07-01 transaction (appears timely); disposition code F = tax withholding.

Context

This was a routine tax-withholding event upon RSU settlement (a common "cashless" mechanism where the company retains shares to pay required taxes). Such withholdings are administrative and do not indicate an open-market sale or a direct signal of the insider’s view of the stock.
The filing shows multiple RSU grants with future monthly vesting (per F3), so additional withholding events may occur as future tranches vest.

Form 4

Period: 2026-07-01

Chief Financial Officer

Transactions

Tax Payment
Class A Common Stock
[F1][F2][F3]
2026-07-01$5.17/sh−5,479$28,326→ 474,564 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) 39,063 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 57,516 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 39,171 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 72,605 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|2026-07-03

1 file