Richardson Jon Paul 4

What Happened

• Jon Paul Richardson, CEO of Exodus Movement, Inc., had 9,464 shares of Class A common stock withheld by the company to satisfy tax withholding obligations upon the vesting/settlement of restricted stock units (RSUs). The shares were valued at $6.50 each, for a total of $61,516. This is a tax-withholding disposition (routine) rather than an open‑market sale or purchase.

Key Details

• Transaction date and price: April 1, 2026 — 9,464 shares withheld at $6.50 per share (total $61,516).
• Transaction type: F (shares withheld to satisfy tax withholding on RSU settlement).
• Shares owned after transaction: Not specified in the filing.
• Filing date: April 3, 2026 — appears timely (filed within two business days of the April 1 transaction).
• Notable footnotes:
  • F1: Withholding was done to satisfy the issuer’s tax withholding obligations on RSU settlement.
  • F2: $6.50 represents the company’s share price on the vesting date.
  • F3: The RSUs relate to three prior grants (117,188; 134,203; and 88,135 RSUs) that vest in monthly installments through 2027–2029 (totaling 339,526 RSUs).

Context

• This was a cashless-type tax withholding on RSU settlement — common practice when equity awards vest. Such withholdings are routine administrative actions and do not necessarily indicate the insider is reducing (or increasing) a position for investment reasons.