Exodus (EXOD) Director Tyler Skelton Receives Option Grant

What Happened Tyler Skelton, a director of Exodus Movement, Inc. (EXOD), received a derivative grant on Aug 20, 2026: options covering 13,095 shares of the company's Class A common stock. The grant is recorded at $0.00 in the Form 4 (total $0 reported), indicating an equity award in the form of stock options rather than a cash purchase. This is an award/grant transaction (not a sale).

Key Details

• Transaction date: Aug 20, 2026; reported on Form 4 filed Aug 24, 2026.
• Transaction type/amount: Grant (derivative) — 13,095 option shares @ $0.00 (reported value $0).
• Vesting (per filing footnote): 3,273 options vested and are immediately exercisable; the remaining options vest in nine equal monthly installments through May 1, 2027.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• No 10b5-1 plan, tax-withholding, or cashless exercise noted in the filing excerpt.

Context This filing reports an option grant (an equity compensation award) rather than an open-market buy or sell. Option grants are common for directors and typically vest over time to encourage retention; partial immediate vesting was included here. The Form 4 shows the grant itself and does not indicate any immediate exercise or sale of shares.