Gernetzke James 4

4 · Exodus Movement, Inc. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

Exodus (EXOD) CFO James Gernetzke Withholds 5,479 Shares for Taxes

What Happened

James Gernetzke, Chief Financial Officer of Exodus Movement, had 5,479 shares of Class A common stock withheld (disposed) to satisfy tax withholding obligations tied to vested RSUs. The withholding was recorded at $6.50 per share, for a total value of $35,614.

Key Details

Transaction date: 2026-04-01
Price used: $6.50 per share (footnote indicates this is the company stock price on the vesting date)
Shares withheld/disposed: 5,479; total value ≈ $35,614
Transaction code: F — tax withholding on settlement of RSUs (not an open-market sale)
Shares owned after transaction: Not disclosed in the Form 4 filing
Relevant footnotes: F1–F3 indicate the shares were withheld to satisfy tax withholding on settled RSUs. F3 lists outstanding RSU grants and vesting schedules (multiple grants from 2023–2025 that vest monthly through 2027–2030).
Filing timeliness: No late-filing flag indicated in this report.

Context

This was a routine tax-withholding event tied to the vesting and settlement of RSUs, not an independent sale to raise cash or signal sentiment. Withholding (transaction code F) is common when RSUs settle: the company retains/shares to cover taxes rather than the insider selling shares on the open market.

Form 4

Period: 2026-04-01

Chief Financial Officer

Transactions

Tax Payment
Class A Common Stock
[F1][F2][F3]
2026-04-01$6.50/sh−5,479$35,614→ 491,001 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) 58,594 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (ii) 67,102 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iii) 43,088 RSUs originally granted on May 21, 2025 that vest in equal monthly installments through January 1, 2029, (iv) 77,917 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|2026-04-03

1 file