Douglas Walter Gaylor - Mar 12, 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Operating Officer
Signature: /s/Douglas Walter Gaylor
Stock symbol: CXDO
Transactions as of: Mar 12, 2025
Transactions value $: -$62,700
Form type: 4
Date filed: 3/14/2025, 01:47 PM
Previous filing: Mar 6, 2025
Next filing: Mar 27, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Sale	-$62.7K	-10K	-4.17%	$6.27	230K	Mar 12, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Gaylor was not aware of material nonpublic information.