Form 4: Exodus Movement CFO James Gernetzke Reports Stock Transactions

Chief Financial Officer of Exodus Movement, James Gernetzke, reports acquisition and disposal of Class A Common Stock related to vesting of restricted stock units.

Summary

• On May 21, 2025, James Gernetzke, the CFO of Exodus Movement, Inc., reported transactions involving Class A Common Stock.
• Gernetzke acquired 62,673 shares of Class A Common Stock at $0 related to restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan.
• 5,222 of these RSUs vested on the grant date, and the remaining 57,451 vest in equal monthly installments through January 1, 2029.
• Each RSU represents the right to receive one share of Class A Common Stock upon settlement.
• Additionally, 2,316 shares were disposed of at a price of $34.51 to satisfy tax withholding obligations related to the vesting and settlement of RSUs.
• Following these transactions, Gernetzke beneficially owns 465,502 shares of Class A Common Stock.
• This total includes RSUs originally granted on January 5, 2022, January 1, 2023, March 13, 2024, and May 21, 2025, which vest in monthly installments through January 1, 2026, January 1, 2027, January 1, 2028 and January 1, 2029 respectively.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding the CFO's stake in the company.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, James Gernetzke, Exodus Movement, EXOD, CFO, Class A Common Stock, Restricted Stock Units, RSUs, Equity Incentive Plan