Form 4: Exodus Movement CFO James Gernetzke Sells Shares
SEC Form 4 Filing
Exodus Movement's CFO, James Gernetzke, recently sold shares of Class A Common Stock, according to a Form 4 filing with the SEC.
Summary
- James Gernetzke, the Chief Financial Officer of Exodus Movement, Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
- On May 20, 2024, Gernetzke sold 12 shares at a price of $17.53 per share.
- On May 21, 2024, Gernetzke sold 120 shares at a price of $17.58 per share.
- Following these transactions, Gernetzke beneficially owns 399,018 shares of Class A Common Stock.
- These holdings include 16,007 RSUs vesting monthly from May 1, 2024, to January 1, 2026, 214,844 RSUs vesting monthly from May 1, 2024, to January 1, 2027, and 143,790 RSUs vesting monthly from May 1, 2024, to January 1, 2028.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather reports transactions.
Key Dates
| Date | Description |
|---|---|
| 01/05/2022 | Date of original grant for 16,007 RSUs vesting in 21 equal monthly installments beginning May 1, 2024 through January 1, 2026 |
| 01/01/2023 | Date of original grant for 214,844 RSUs vesting in 33 equal monthly installments beginning May 1, 2024 through January 1, 2027 |
| 03/13/2024 | Date of original grant for 143,790 RSUs vesting in 45 equal monthly installments beginning May 1, 2024 through January 1, 2028 |
| 05/01/2024 | Start date for monthly vesting of RSUs granted on January 5, 2022, January 1, 2023 and March 13, 2024 |
| 05/20/2024 | Transaction date: Sale of 12 shares of Class A Common Stock at $17.53 |
| 05/21/2024 | Transaction date: Sale of 120 shares of Class A Common Stock at $17.58 |
| 05/21/2024 | Date of Form 4 filing |
| 01/01/2026 | End date for monthly vesting of RSUs granted on January 5, 2022 |
| 01/01/2027 | End date for monthly vesting of RSUs granted on January 1, 2023 |
| 01/01/2028 | End date for monthly vesting of RSUs granted on March 13, 2024 |
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