[144] CREXENDO INC SEC Filing
Rhea-AI Filing Summary
Crexendo, Inc. (CXDO) – Form 144 filing discloses an affiliate’s intent to sell up to 6,800 common shares through broker Muriel Siebert & Co. on NASDAQ between 2 and 7 July 2025. At an aggregate market value of roughly $44,113, the proposed sale equals about 0.02 % of the 29,030,543 shares outstanding, indicating an immaterial position size. The shares originate from restricted stock units that vested on 12 June 2021. No other sales were reported during the past three months, and the filer affirms no undisclosed adverse information. A Form 144 is a notice only; execution, timing, and final quantities may differ from the proposal.
Positive
- None.
Negative
- None.
Insights
TL;DR – Minor Form 144 filing; negligible volume, neutral impact.
The planned sale of 6,800 CXDO shares represents just 0.02 % of outstanding stock and roughly two days’ average trading volume, posing minimal supply pressure. The transaction stems from routine RSU vesting, lacks accompanying negative disclosures, and does not alter the company’s fundamentals. Investors typically monitor Form 144s for sentiment clues, but the scale here is too small to be considered a bearish signal. Overall impact on valuation and liquidity appears de minimis.