Crexendo CRO sells 10,000 shares in plan trade
Crexendo, Inc. Chief Revenue Officer Jon Brinton reported an open-market sale of 10,000 shares of the company’s Common Stock at $9.14 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Crexendo, Inc. Chief Revenue Officer Jon Brinton reported an open-market sale of 10,000 shares of the company’s Common Stock at $9.14 per share. After this transaction, he directly holds 114,795 shares.
The sale was executed under a pre-arranged trading plan intended to comply with Rule 10b5-1(c), which was previously adopted while he was not aware of material nonpublic information. This indicates the sale followed a scheduled plan rather than a discretionary one.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $9.14 | $91K |
Footnotes (1)
- F1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 8, 2024, at which time Mr. Brinton was not aware of material nonpublic information.
Key Figures
Key Terms
Rule 10b5-1(c) regulatory
open-market sale financial
Common Stock financial
FAQ
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