<SEC-DOCUMENT>0001193125-25-307044.txt : 20251203
<SEC-HEADER>0001193125-25-307044.hdr.sgml : 20251203
<ACCEPTANCE-DATETIME>20251203175741
ACCESSION NUMBER:		0001193125-25-307044
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251201
FILED AS OF DATE:		20251203
DATE AS OF CHANGE:		20251203

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Gernetzke James
		CENTRAL INDEX KEY:			0001966811
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42047
		FILM NUMBER:		251547580

	MAIL ADDRESS:	
		STREET 1:		15418 WEIR STREET #333
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68137

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Exodus Movement, Inc.
		CENTRAL INDEX KEY:			0001821534
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				813548560
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		15418 WEIR ST., #333
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68137
		BUSINESS PHONE:		833-992-2566

	MAIL ADDRESS:	
		STREET 1:		15418 WEIR ST., #333
		CITY:			OMAHA
		STATE:			NE
		ZIP:			68137
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-12-01</periodOfReport>

    <issuer>
        <issuerCik>0001821534</issuerCik>
        <issuerName>Exodus Movement, Inc.</issuerName>
        <issuerTradingSymbol>EXOD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001966811</rptOwnerCik>
            <rptOwnerName>Gernetzke James</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>15418 WEIR ST., #333</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>OMAHA</rptOwnerCity>
            <rptOwnerState>NE</rptOwnerState>
            <rptOwnerZipCode>68137</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5224</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>16.52</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>428947</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">In connection with the vesting and settlement of Restricted Stock Units (&quot;RSUs&quot;) 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 (&quot;Class A Common Stock&quot;), to satisfy its tax withholding obligations.</footnote>
        <footnote id="F2">Represents the price of the Company's Class A common stock on the vesting date.</footnote>
        <footnote id="F3">Includes (i) 763 RSUs originally granted on January 5, 2022 that vest in equal monthly installments through January 1, 2026, (ii) 84,636 RSUs originally granted on January 1, 2023 that vest in equal monthly installments through January 1, 2027, (iii) 79,883 RSUs originally granted on March 13, 2024 that vest in equal monthly installments through January 1, 2028 and (iv) 48,331 RSUs originally granted on May 21, 2025 that 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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ James Gernetzke</signatureName>
        <signatureDate>2025-12-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
