Crexendo (CXDO) COO sells 10,000 shares under Rule 10b5-1 trading plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Crexendo, Inc. Chief Operating Officer Douglas Walter Gaylor sold 10,000 shares of common stock in an open-market transaction. The shares were sold on May 4, 2026 at a weighted average price of $8.1541 per share, with individual trade prices ranging from $8.1401 to $8.1601. After this sale, he directly holds 261,413 shares of Crexendo common stock. The company states the transaction was executed under a pre-arranged trading plan intended to comply with Rule 10b5-1(c), entered into on December 11, 2024, when he was not aware of material nonpublic information.

Insider Trade Summary

Net Seller: 10,000 shares ($81,541)

Net Sell 1 txn

Insider Gaylor Douglas Walter

Role Chief Operating Officer

Sold 10,000 shs ($82K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$8.1541	$82K

Holdings After Transaction: Common Stock — 261,413 shares (Direct, null)

Footnotes (1)

This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 11, 2024, at which time Mr. Gaylor was not aware of material nonpublic information. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.1401 to $8.1601. Details can be provided upon request.

Key Figures

Shares sold: 10,000 shares Weighted average sale price: $8.1541 per share Post-transaction holdings: 261,413 shares +2 more

5 metrics

Shares sold 10,000 shares Open-market sale on May 4, 2026

Weighted average sale price $8.1541 per share Common stock sale on May 4, 2026

Post-transaction holdings 261,413 shares Shares directly held after sale

Price range of executions $8.1401 to $8.1601 Individual trades within the reported sale

Rule 10b5-1 plan date December 11, 2024 Date trading plan was entered into

Key Terms

Rule 10b5-1(c), weighted average price, open-market sale, Form 4/A

4 terms

Rule 10b5-1(c) regulatory

"plan intended to comply with Rule 10b5-1(c), previously entered into on December 11, 2024"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

weighted average price financial

"The reported price in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4/A regulatory

"INSIDER FILING DATA (Form 4/A)"

Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/24/2026 - 06:15 PM Accepted by SEC EDGAR 06/24/2026 - 06:15 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^*

Gaylor Douglas Walter

(Last)

(First)

(Middle)

1225 W WASHINGTON ST

SUITE 213

(Street)

TEMPE

ARIZONA

85288

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/06/2026

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	05/04/2026		S⁽¹⁾		10,000	D	$8.1541⁽²⁾	261,413	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)

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 11, 2024, at which time Mr. Gaylor was not aware of material nonpublic information.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.1401 to $8.1601. Details can be provided upon request.

Remarks:

This Form 4/A amends the Form 4 originally filed on May, 6 2026. The transaction reported in Table I was incorrectly coded as a purchase ('P'). The transaction was a sale effected pursuant to a Rule 10b5-1 trading plan and should have been reported with transaction code 'S'. No other information reported in the original filing is being amended.

	/s/Douglas Walter Gaylor	06/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Crexendo (CXDO) report for Douglas Walter Gaylor?

Crexendo reported that Chief Operating Officer Douglas Walter Gaylor sold 10,000 shares of common stock. The sale occurred on May 4, 2026, as an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan.

At what price did the Crexendo (CXDO) COO sell his shares?

The COO’s shares were sold at a weighted average price of $8.1541 per share. Individual trades were executed in a price range from $8.1401 to $8.1601, according to the disclosed transaction details.

How many Crexendo (CXDO) shares does the COO hold after this Form 4/A sale?

Following the reported sale, Crexendo’s Chief Operating Officer directly holds 261,413 shares of common stock. This figure reflects his position immediately after selling 10,000 shares in the May 4, 2026 open-market transaction.

Was the Crexendo (CXDO) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was made under a trading plan intended to comply with Rule 10b5-1(c). The plan was previously entered into on December 11, 2024, when the executive was not aware of material nonpublic information.

What does the weighted average price mean in the Crexendo (CXDO) Form 4/A?

The weighted average price of $8.1541 reflects multiple trade executions within one transaction. Shares were sold in several trades at prices between $8.1401 and $8.1601, and the average price weights each execution by the number of shares sold.