Was the Crexendo (CXDO) CFO’s share sale under a Rule 10b5-1 plan?

Yes, the January 22, 2026 sale was made under a Rule 10b5-1(c) trading plan. The plan was entered into on December 9, 2024, when Ron Vincent was stated to be unaware of material nonpublic information, providing a structured, pre-arranged framework for the sale.

Crexendo (CXDO) CFO Vincent reports 1,011-share sale and RSU tax withholdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Crexendo, Inc. chief financial officer Ron Vincent filed an amended insider trading report detailing recent stock and RSU activity. On January 22, 2026, he sold 1,011 shares of common stock at $7.784 per share under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 9, 2024. On January 25, 2026, 277 restricted stock units (RSUs) twice converted into common shares at a $0 exercise price, while the company withheld 90 and 91 shares at $7.45 per share to cover payroll taxes, which is not treated as a sale by Vincent. Following these transactions, he directly owned 172,635 shares of common stock and retained RSU balances of 6,946 and 8,890 units under separate vesting schedules. The amendment corrects an earlier filing that omitted the January 22, 2026 sale.

Insider Trade Summary

Net Seller: 1,011 shares ($7,870)

Net Sell 7 txns

Insider Vincent Ron

Role Chief Financial Officer

Sold 1,011 shs ($8K)

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	277	$0.00	--
Exercise	Restricted Stock Units	277	$0.00	--
Exercise	Common Stock	277	$0.00	--
Tax Withholding	Common Stock	90	$7.45	$670.50
Exercise	Common Stock	277	$0.00	--
Tax Withholding	Common Stock	91	$7.45	$677.95
Sale	Common Stock	1,011	$7.784	$8K

Holdings After Transaction: Restricted Stock Units — 6,946 shares (Direct); Common Stock — 172,539 shares (Direct)

Footnotes (1)

This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Vincent was not aware of material nonpublic information. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment. The Company withheld 90 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person. The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting. The Company withheld 91 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person. The RSUs vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

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Form 4 Insider Transactions: What Each Field Means →

01/28/2026 - 08:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vincent Ron

(Last)

(First)

(Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE

85288

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
01/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/22/2026		S⁽¹⁾		1,011	D	$7.784	172,262	D
Common Stock	01/25/2026		M		277	A	$0⁽²⁾	172,539	D
Common Stock	01/25/2026		F⁽³⁾		90	D	$7.45	172,449	D
Common Stock	01/25/2026		M		277	A	$0⁽²⁾	172,726	D
Common Stock	01/25/2026		F⁽⁵⁾		91	D	$7.45	172,635	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽²⁾	01/25/2026		M			277	⁽⁴⁾	⁽⁴⁾	Common Stock	277	$0	6,946	D
Restricted Stock Units	$0⁽²⁾	01/25/2026		M			277	⁽⁶⁾	⁽⁶⁾	Common Stock	277	$0	8,890	D

Explanation of Responses:

1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Vincent was not aware of material nonpublic information.

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

3. The Company withheld 90 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person.

4. The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

5. The Company withheld 91 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person.

6. The RSUs vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

Remarks:

The amount of securities beneficially owned reported on the form filed on 1/27/2026 did not include the transaction completed on 1/22/2026.

	/s/Ron Vincent	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Crexendo (CXDO) CFO Ron Vincent report?

Ron Vincent reported one open-market sale and RSU-related share activity. He sold 1,011 Crexendo common shares at $7.784 on January 22, 2026, and had RSUs convert into shares on January 25, 2026, with some shares withheld to cover payroll taxes.

How many Crexendo (CXDO) shares did the CFO sell and at what price?

The CFO sold 1,011 Crexendo common shares at $7.784 per share. This transaction occurred on January 22, 2026 and was reported as a code "S" sale, leaving him with a direct beneficial ownership position in the company’s common stock after the trade.

What RSU activity did the Crexendo (CXDO) CFO disclose in this filing?

Vincent disclosed multiple RSU conversions into common stock. On January 25, 2026, two blocks of 277 RSUs each converted at a $0 exercise price, tied to vesting schedules that span 36 months, increasing his common shares while reducing his outstanding RSU balances accordingly.

Why did Crexendo CFO Ron Vincent have shares withheld for taxes?

The company withheld shares to cover payroll taxes on RSU vesting. On January 25, 2026, 90 and 91 shares were withheld at a $7.45 closing price. These withholdings are specifically described as not representing sales by the reporting person, but tax-related share retention.

Why was this Crexendo (CXDO) Form 4/A amended?

The amendment corrects the previously reported beneficial ownership. The earlier form filed on January 27, 2026 did not include the January 22, 2026 sale of 1,011 shares, so this amended filing updates Vincent’s holdings to reflect that omitted transaction accurately.

How many Crexendo (CXDO) shares does the CFO own after these transactions?

After the reported transactions, Ron Vincent directly owned 172,635 common shares. He also held remaining RSU positions of 6,946 and 8,890 units under separate vesting schedules, which may convert into additional shares over time as the RSUs continue to vest.