Crexendo Inc SEC Filings

Crexendo, Inc. reported insider equity activity by Chief Executive Officer Jeffrey G. Korn. On January 25, 2026, 277 restricted stock units (RSUs) twice converted to common stock at an exercise price of $0, reflecting scheduled vesting tied to continued employment.

To cover payroll taxes on these vestings, the company withheld 82 shares and 83 shares of common stock using the $7.45 closing stock price on January 25, 2026; these withholdings are explicitly stated not to be sales by the executive. The underlying RSU grants vest in equal monthly installments over 36 months starting on March 25, 2025 and October 25, 2025, with shares delivered as they vest.

Crexendo Chief Financial Officer Ron Vincent reported routine equity compensation activity. On January 25, 2026, 554 restricted stock units vested and were converted into an equal number of Crexendo common shares at an exercise price of $0 per share.

To cover payroll taxes, the company withheld 90 shares and 91 shares at a closing stock price of $7.45, and the footnotes state these withholdings do not represent sales by Vincent. Following these transactions, he beneficially owned 173,646 shares of Crexendo common stock directly.

Crexendo, Inc. Chief Operating Officer Douglas Walter Gaylor reported routine equity compensation activity involving restricted stock units (RSUs) and common stock on January 25, 2026.

Two RSU tranches of 277 units each were converted into an equal number of Crexendo common shares at an exercise price of $0, reflecting normal vesting of previously granted awards. Following these transactions, he directly held 262,972 shares of common stock, according to the filing.

The company withheld 90 shares and 91 shares of common stock, respectively, at a price of $7.45 per share to cover associated payroll taxes. The footnotes clarify that these withholding transactions do not represent sales by the reporting person but are tax-settlement events tied to the vesting RSUs. The RSUs vest in equal monthly installments over 36 months from March 25, 2025 and October 25, 2025, contingent on continued employment, with shares delivered upon vesting.

Crexendo, Inc. director David Roy Williams reported a net exercise of stock options and an increase in his common share holdings. On January 15, 2026, he exercised 10,000 non-qualified stock options at an exercise price of $2.25 per share, receiving common stock instead of cash.

According to the footnote, this was a “net exercise”: Williams received 6,951 shares of common stock, while the company withheld 3,049 shares to cover the exercise price using the $7.38 closing stock price on that date. The filing states this does not represent a sale by Williams. After these transactions, he directly owns 41,085 shares of Crexendo common stock.

Crexendo, Inc. director and 10% owner Steven G. Mihaylo reported a net exercise of stock options and related share withholding. On January 14, 2026, he exercised incentive stock options to purchase 13,408 shares of Crexendo common stock at an exercise price of $2.25 per share. According to the footnote, he received 9,200 shares of common stock, while the company withheld 4,208 shares to cover the exercise price using the closing stock price of $7.17 on January 14, 2025.

After these transactions, Mihaylo directly owned 11,306,765 shares of Crexendo common stock. The footnote states that the share withholding “does not represent a sale” by the reporting person, meaning the reduction in shares was used solely to pay the option exercise cost rather than to sell shares into the market.

Crexendo, Inc. director Anil K. Puri net exercised stock options for 10,000 shares of common stock on January 12, 2026. The options had an exercise price of $2.25 per share and were fully exercised, leaving no options remaining.

On net exercise, he received 6,696 shares of common stock, while 3,304 shares were withheld by the company to pay the exercise price using the closing stock price of $6.81 on January 12, 2026. This withholding is explicitly stated as not representing a sale by the reporting person. Following these transactions, Puri directly owned 56,514 shares of Crexendo common stock.

Crexendo, Inc. Chief Operating Officer Douglas Walter Gaylor reported an option exercise on January 12, 2026. He exercised 12,000 stock options at an exercise price of $2.25 per share, receiving 12,000 shares of common stock. Following the transaction, he directly owned 262,599 shares of Crexendo common stock. The related stock option grant, which vested over 36 equal monthly installments beginning March 12, 2019, now shows 0 derivative securities beneficially owned after this exercise.

Crexendo Chief Revenue Officer Jon Brinton reported routine equity transactions related to restricted stock units. On December 4 and 5, 2025, RSUs vested into 2,917 and 2,916 shares of common stock, respectively, at an exercise price of $0, increasing his direct holdings.

On each vesting date the company withheld 769 shares to cover payroll taxes, using closing stock prices of $6.71 and $6.64, and these withholdings are described as not sales by the reporting person. Following the reported transactions, Brinton directly owned 120,728 shares of Crexendo common stock and continued to hold 26,250 and 14,584 restricted stock units that vest in equal quarterly installments over 12 quarters, subject to continued employment.

Crexendo, Inc.’s Chief Financial Officer, Ron Vincent, reported changes in his ownership of CXDO common stock from restricted stock unit (RSU) vesting and related tax withholding. On December 4, 2025, 5,000 shares were acquired at $0 upon RSU vesting, and 1,368 shares were withheld by the company to cover payroll taxes at a closing price of $6.71. On December 5, 2025, an additional 4,166 shares vested at $0, and 1,140 shares were withheld at $6.64; the filing states these withholding transactions do not represent sales.

Following these transactions, Vincent directly beneficially owned 172,870 shares of Crexendo common stock. He also continues to hold 45,000 RSUs that vest in equal quarterly installments over 12 quarters starting on June 4, 2025, and 20,834 RSUs vesting in equal quarterly installments over 12 quarters starting on June 5, 2024, in each case contingent on continued employment, with shares delivered upon vesting.