Exodus (EXOD) CTO Matias Sells 8,505 Shares

What Happened
Olivera Matias, Chief Technology Officer of Exodus Movement, sold a total of 8,505 shares of EXOD stock in three open-market dispositions on August 25–27, 2026. The individual trades were 2,835 shares at $8.40 (Aug 25) for $23,814; 2,835 shares at $8.35 (Aug 26) for $23,672; and 2,835 shares at $8.52 (Aug 27) for $24,154 — about $71,640 total. These were sales (dispositions), which are routine insider transactions and do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction dates and prices: Aug 25 — 2,835 @ $8.40; Aug 26 — 2,835 @ $8.35; Aug 27 — 2,835 @ $8.52. All coded as S (sale) in the filing.
• Total shares sold: 8,505; total proceeds ≈ $71,640.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote (F1): Ownership reported includes multiple unvested Restricted Stock Units (RSUs): 2,171 (granted 1/1/2023, vesting monthly through 1/1/2027), 18,615 (7/1/2023, vesting monthly through 7/1/2027), 36,214 (3/13/2024, vesting monthly through 1/1/2028), 25,818 (5/21/2025, vesting monthly through 1/1/2029), and 41,667 (12/30/2025, vesting monthly through 12/1/2029). These sum to 124,485 RSUs; each RSU converts to one share upon settlement.
• Filing: Form 4 filed on Aug 27, 2026. No late-filing flag is indicated in the summary provided.

Context

• These were straight sales (open-market or private sale) — not option exercises, gifts or awards. Sales are common for liquidity or tax reasons and do not necessarily signal insider sentiment.
• The filing’s footnote shows a large number of RSUs still subject to future vesting, meaning a substantial portion of potential future shares remain time-vested and not immediately tradable.