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

Role
Chief Strategy Officer
Signature
/s/ Anand Buch
Stock symbol
CXDO
Transactions as of
Sep 4, 2025
Transactions value $
-$20,815
Form type
4
Date filed
9/8/2025, 07:38 PM
Previous filing
Jun 9, 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 2025-09-08 0001866916

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +2.08K +0.37% $0.00 562K Sep 4, 2025 Direct F1
transaction CXDO Common Stock Tax liability -$7.9K -1.22K -0.22% $6.49 561K Sep 4, 2025 Direct F2
transaction CXDO Common Stock Options Exercise $0 +4.17K +0.74% $0.00 565K Sep 5, 2025 Direct F1
transaction CXDO Common Stock Tax liability -$12.9K -1.96K -0.35% $6.59 563K Sep 5, 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 Restricted Stock Units Options Exercise $0 -2.08K -9.09% $0.00 20.8K Sep 4, 2025 Common Stock 2.08K $0.00 Direct F1, F3
transaction CXDO Restricted Stock Units Options Exercise $0 -4.17K -14.29% $0.00 25K Sep 5, 2025 Common Stock 4.17K $0.00 Direct F1, F5
* 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 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2025 of $6.49. This transaction does not represent a sale by the reporting person.
F3 The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F4 The Company withheld 1,959 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2025 of $6.59. This transaction does not represent a sale by the reporting person.
F5 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.