Exodus (EXOD) CTO Olivera Matias Sells 5,670 Shares

What Happened Olivera Matias, Chief Technology Officer of Exodus Movement, sold a total of 5,670 shares of Class A common stock in two open-market transactions. On 2026-08-19 Matias disposed of 2,835 shares at a reported weighted-average price of $7.03 for proceeds of $19,935. On 2026-08-20 Matias disposed of another 2,835 shares at $7.73 for proceeds of $21,915. Total proceeds across both transactions were approximately $41,850. These were sales (not purchases or option exercises), which are often routine insider transactions and do not by themselves indicate company performance.

Key Details

• Transaction dates and prices: 2026-08-19 — 2,835 shares at $7.03 (weighted avg; see footnote); 2026-08-20 — 2,835 shares at $7.73.
• Footnote F1: the $7.03 price is a weighted average for multiple trades on 8/19 that ranged from $7.00 to $7.17; the reporting person can provide the per-trade breakdown on request.
• Footnote F2: Matias holds (or is entitled to) multiple outstanding RSUs (totaling many shares across grants) that vest monthly through 2029; each RSU converts to one share upon settlement.
• Shares owned after transaction: not specified in the provided filing details.
• Filing: report was filed on 2026-08-20 covering the listed transactions (no late-filing flag indicated).

Context

• These were open-market sales (transaction code S). Sales by insiders can be for many personal reasons (diversification, taxes, liquidity) and are not definitive signals about company fundamentals.
• The RSU footnote means Matias has a schedule of future share vestings (through 2029); those are grants/awards that will convert to shares on settlement and are distinct from the shares sold here.