Crexendo Form 144: July 2025 planned sale of 6,800 insider shares

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) filed a Form 144 indicating that an affiliate intends to sell up to 6,800 common shares on NASDAQ through Muriel Siebert & Co. between 2 – 7 July 2025. The shares derive from RSU vesting on 12 Apr 2021. With 29,030,543 shares outstanding, the proposed sale represents approximately 0.02 % of total equity, signalling a very limited potential market impact. No other sales by the filer occurred in the last three months, and the signatory attests to possessing no undisclosed material information.

Positive

• None.

Negative

• Insider intends to sell 6,800 shares, which, although small, could be perceived by some investors as a negative signal of insider sentiment.

Insights

Financial Analyst

TL;DR: Small insider sale (0.02% float) unlikely to impact CXDO valuation.

The filing discloses a modest 6,800-share planned sale worth about $44k at current reference values. Given Crexendo’s 29 million shares outstanding, the transaction is immaterial for liquidity or dilution. Insider sales can sometimes suggest reduced confidence, but the minimal size and the fact that shares stem from equity compensation lessen the signal strength. No clustering of prior sales is reported. Overall, I view the notice as neutral for the stock.

Corporate Governance Expert

TL;DR: Routine Rule 144 compliance; no governance red flags detected.

The filer met disclosure requirements, stated absence of undisclosed material information, and utilised a reputable broker. Timing aligns with typical post-vesting liquidity events. Absence of past-three-month sales limits aggregation concerns. Governance risk from this filing is negligible.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Muriel Siebert & Co., Inc. 653 Collins Ave Miami Beach FL 33139	2800	18211.00	29030543	07/02/2025	NASDAQ
Common	Muriel Siebert & Co., Inc. 653 Collins Ave Miami Beach FL 33139	3000	19436.00	29030543	07/03/2025	NASDAQ
Common	Muriel Siebert & Co., Inc. 653 Collins Ave Miami Beach FL 33139	1000	6466.00	29030543	07/07/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	04/12/2021	Vesting of RSUs	Issuer			6800	04/12/2021	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many CXDO shares are being sold under this Form 144?

Up to 6,800 common shares are slated for sale.

What percentage of Crexendo's outstanding shares does 6,800 represent?

Approximately 0.02 % of the 29,030,543 shares outstanding.

When are the CXDO shares expected to be sold?

Planned sale dates are 2, 3, and 7 July 2025.

Where will the shares be sold and through which broker?

Sales are planned on the NASDAQ via Muriel Siebert & Co., Inc..

How were the shares originally acquired?

They were obtained through vesting of RSUs on 12 April 2021.

Were there any other insider sales in the past three months?

The filer reported no sales during the preceding three-month period.