Crexendo, Inc.

CXDO

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001075736-26-000027
Filing date: Mar 5, 2026
Earliest execution date: Mar 4, 2026
Reporting Owners: KORN JEFFREY G (CEO)

Summary

Type

Sell

Net shares

-2,503

% of shares

-0.34%

Amount (USD)

$16,693

Insider confidence score

43.8 out of 100

Positive

  • Small sell amount (<$50K)

Negative

  • Moderate discretionary sell (≥0.2% of shares)

Stock transactions

Transaction 1

Security

Common Stock

Action

Exercise

Date

2026-03-04

Code

M

Net shares

+5,000.0

Acquired/Disposed

Acquired

Shares Owned Before

239,582.0

Shares Owned After

244,582.0

Transaction 2

Security

Common Stock

Action

Tax_withhold

Date

2026-03-04

Code

F

Net shares

-1,218.0

Price per Share

$6.47

Amount (USD)

$7,880.46

Acquired/Disposed

Disposed

Shares Owned Before

244,582.0

Shares Owned After

243,364.0

Transaction 3

Security

Common Stock

Action

Exercise

Date

2026-03-05

Code

M

Net shares

+277.0

Acquired/Disposed

Acquired

Shares Owned Before

243,364.0

Shares Owned After

243,641.0

Transaction 4

Security

Common Stock

Action

Tax_withhold

Date

2026-03-04

Code

F

Net shares

-67.0

Price per Share

$6.47

Amount (USD)

$433.49

Acquired/Disposed

Disposed

Shares Owned Before

243,641.0

Shares Owned After

243,574.0

Transaction 5

Security

Common Stock

Action

Exercise

Date

2026-03-05

Code

M

Net shares

+5,000.0

Acquired/Disposed

Acquired

Shares Owned Before

243,574.0

Shares Owned After

248,574.0

Transaction 6

Security

Common Stock

Action

Tax_withhold

Date

2026-03-05

Code

F

Net shares

-1,218.0

Price per Share

$6.88

Amount (USD)

$8,379.84

Acquired/Disposed

Disposed

Shares Owned Before

248,574.0

Shares Owned After

247,356.0

Derivative Transactions

Transaction 1

Security

Restricted Stock Units

Action

Exercise

Date

2026-03-04

Code

M

Net shares

-5,000.0

Acquired/Disposed

Disposed

Shares Owned Before

45,000.0

Shares Owned After

40,000.0

Transaction 2

Security

Restricted Stock Units

Action

Exercise

Date

2026-03-04

Code

M

Net shares

-277.0

Acquired/Disposed

Disposed

Shares Owned Before

10,000.0

Shares Owned After

9,723.0

Transaction 3

Security

Restricted Stock Units

Action

Exercise

Date

2026-03-05

Code

M

Net shares

-5,000.0

Acquired/Disposed

Disposed

Shares Owned Before

25,000.0

Shares Owned After

20,000.0

Transaction 4

Security

Restricted Stock Units

Action

Exercise

Date

2026-03-05

Code

M

Net shares

+70,000.0

Acquired/Disposed

Acquired

Shares Owned Before

0.0

Shares Owned After

70,000.0

Filing's footnotes

1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.

2. The Company withheld 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person.

3. 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.

4. The Company withheld 67 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person.

5. The RSUs vest in equal monthly installments over 36 months starting on March 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

6. The Company withheld 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 5, 2026 of $6.88. This transaction does not represent a sale by the reporting person.

7. 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.

8. The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.