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David Wang sells Crexendo shares (NASDAQ: CXDO) via Form 144 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Crexendo Inc. submitted a Form 144 reporting proposed and completed dispositions of Common Stock. The filing lists multiple sales by David Wang on 03/09/2026 with share lots of 14,805, 1,925, 1,876, and 1,876. The notice names Wells Fargo Clearing Services, LLC in the securities-to-be-sold section.

Positive

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Negative

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Insights

Form 144 documents proposed or completed insider dispositions under resale rules.

Form 144 is a regulatory notice used to report intended sales of restricted or control securities. The filing lists specific share lots and a broker-dealer, indicating transactions were reported under resale procedures for restricted shares.

Timing and aggregate proceeds are not shown in the excerpt; subsequent transaction confirmations or broker reports would provide sale proceeds and settlement details.

Form type Form 144 SEC notice of proposed insider dispositions
Sale lot 1 14,805 shares David Wang sale dated 03/09/2026
Sale lot 2 1,925 shares David Wang sale dated 03/09/2026
Sale lots 3 and 4 1,876 shares; 1,876 shares David Wang sales dated 03/09/2026
Named broker/clearing firm Wells Fargo Clearing Services, LLC Listed in securities-to-be-sold section (date shown 06/04/2026)
Form 144 regulatory
"Form 144 reporting proposed sale of common stock"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
restricted securities financial
"Securities To Be Sold section names controlled/common stock"
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
clearing services financial
"Wells Fargo Clearing Services, LLC One North Jefferson St Louis"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Crexendo's (CXDO) Form 144 report?

The Form 144 reports proposed or completed dispositions of Crexendo common stock by an affiliated holder. It lists multiple sales by David Wang on 03/09/2026 with share lots of 14,805; 1,925; 1,876; and 1,876.

Who is the reported seller in the CXDO Form 144?

The filing identifies David Wang at the provided address as the reporting person. The notice lists his multiple share dispositions dated 03/09/2026, indicating he effected or proposed those sales under resale procedures.

Does the Form 144 show the broker or clearing firm used?

Yes. The filing names Wells Fargo Clearing Services, LLC in the securities-to-be-sold section. The excerpt references that firm alongside share counts and a date of 06/04/2026 in that section.

Are aggregate proceeds or prices listed in the excerpt?

No. The provided excerpt lists share quantities and dates but does not state sale prices or aggregate proceeds. Sale prices and cash-flow details are not included in the visible content.

When were the reported share transactions dated?

The reported dispositions by David Wang are dated 03/09/2026. The securities-to-be-sold section also includes a date of 06/04/2026 tied to the named clearing firm.