Exodus (EXOD) CTO Matias Sells 2,835 Shares

What Happened
Olivera Matias, Chief Technology Officer of Exodus Movement, sold 2,835 shares in an open-market transaction on August 28, 2026 at $9.00 per share, generating gross proceeds of $25,515. This was a sale (transaction code S), which is often routine and does not by itself indicate insider sentiment.

Key Details

• Transaction date: 2026-08-28
• Price per share: $9.00
• Shares sold: 2,835
• Total proceeds: $25,515
• Filing date: 2026-09-01 (reported on the Form 4 filed Sep 1, 2026)
• Shares owned after transaction: Not specified in the filing.
• Notable footnote (F1): The filing discloses a series of RSU grants that vest monthly — totaling 118,296 RSUs (1,737 + 16,923 + 34,084 + 24,927 + 40,625). Each RSU converts to one share upon settlement.

Context
The sale was an open-market disposition. The footnote shows substantial unvested RSU awards with staggered vesting through 2029; those RSUs represent potential future shares upon settlement but are not the same as currently vested common shares. As always, sales by insiders can be for many reasons (taxes, diversification, personal liquidity) and should not be taken alone as a signal to buy or sell stock.