Ron Vincent - 07 Aug 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Financial Officer
Signature
/s/Ron Vincent
Issuer symbol
CXDO
Transactions as of
07 Aug 2025
Transactions value $
-$135,076
Form type
4
Filing time
11 Aug 2025, 17:19:33 UTC
Previous filing
31 Jul 2025
Next filing
27 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Vincent Ron Chief Financial Officer 1225 W WASHINGTON ST, SUITE 213, TEMPE /s/Ron Vincent 11 Aug 2025 0001550497

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Sale -$53.4K -8.2K -4.53% $6.52 173K 07 Aug 2025 Direct F1
transaction CXDO Common Stock Options Exercise $49.1K +18.1K +10.45% $2.72 191K 07 Aug 2025 Direct
transaction CXDO Common Stock Tax liability -$68.4K -10.3K -5.41% $6.63 180K 07 Aug 2025 Direct F2
transaction CXDO Common Stock Options Exercise $13.2K +4.86K +2.69% $2.72 185K 07 Aug 2025 Direct
transaction CXDO Common Stock Tax liability -$13.2K -1.99K -1.08% $6.63 183K 07 Aug 2025 Direct F4

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 Non-Qualified Stock Options Options Exercise -$49.1K -18.1K -100% $2.72 0 07 Aug 2025 Common Stock 18.1K $2.72 Direct F3
transaction CXDO ISO Stock Options Options Exercise -$13.2K -4.86K -69.93% $2.72 2.09K 07 Aug 2025 Common Stock 4.86K $2.72 Direct F3
* 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. Vincent was not aware of material nonpublic information.
F2 Represents a "net exercise" of outstanding stock options. The reporting person received 7,732 shares of common stock on net exercise of option to purchase 18,050 shares of common stock. The Company withheld 10,318 shares of common stock underlying the option for payment of the exercise price and associated payroll taxes, using the closing stock price on August 7, 2025 of $6.63, This transaction does not represent a sale by the reporting person.
F3 The stock options are vesting over 36 equal monthly installments beginning on 11/24/2022.
F4 Represents a "net exercise" of outstanding stock options. The reporting person received 2,866 shares of common stock on net exercise of option to purchase 4,860 shares of common stock. The Company withheld 1,994 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on August 7, 2025 of $6.63, This transaction does not represent a sale by the reporting person.