Anand Buch - 05 Jun 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Strategy Officer
Signature
/s/ Anand Buch
Issuer symbol
CXDO
Transactions as of
05 Jun 2025
Transactions value $
-$8,215
Form type
4
Date filed
09 Jun 2025, 18:41
Previous filing
05 Jun 2025
Next filing
08 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Buch Anand Chief Strategy Officer 8910 UNIVERSITY CENTER LANE, STE 400, SAN DIEGO /s/ Anand Buch 2025-06-09 0001866916

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +4.17K +0.75% $0.00 561K 05 Jun 2025 Direct F1
transaction CXDO Common Stock Tax liability -$8.22K -1.49K -0.27% $5.51 560K 05 Jun 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CXDO Restricted Stock Units Options Exercise $0 -4.17K -12.5% $0.00 29.2K 05 Jun 2025 Common Stock 4.17K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F2 The Company withheld 1,491 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 5, 2025 of $5.51. This transaction does not represent a sale by the reporting person.
F3 The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.