Crexendo (CXDO) CFO sells 1,450 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. Chief Financial Officer Vincent Ron reported an open-market sale of 1,450 shares of Common Stock at $9.75 per share. After this transaction, he directly holds 117,087 shares. The sale was executed under a pre-established Rule 10b5-1(c) trading plan entered into on December 9, 2024, indicating it was pre-planned rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,450 shares ($14,138)
Net Sell
1 txn
Insider
Vincent Ron
Role
Chief Financial Officer
Sold
1,450 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,450 | $9.75 | $14K |
Holdings After Transaction:
Common Stock — 117,087 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,450 shares
Sale price: $9.75 per share
Shares held after: 117,087 shares
+1 more
4 metrics
Shares sold
1,450 shares
Open-market sale of Common Stock
Sale price
$9.75 per share
Price for the 1,450 shares sold
Shares held after
117,087 shares
Direct holdings after transaction
Net shares sold
1,450 shares
Net sell direction in transactionSummary
Key Terms
Rule 10b5-1(c), open-market sale, Common Stock, Form 4, +1 more
5 terms
Rule 10b5-1(c) regulatory
"This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c)"
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.
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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
material nonpublic information regulatory
"at which time Mr. Vincent was not aware of material nonpublic information"
Nonpublic information is specific, important news about a company or its securities that has not been shared with the general public and that a reasonable investor would consider likely to affect the company’s stock price. It matters to investors because using or sharing that information to buy or sell securities can give an unfair advantage and is often illegal; think of it like having the exam answers before a test, which undermines a fair playing field for everyone.
FAQ
What insider transaction did Crexendo (CXDO) disclose for Vincent Ron?
Crexendo reported that CFO Vincent Ron sold 1,450 shares of Common Stock. The shares were sold in an open-market transaction at $9.75 per share, and he retained 117,087 shares directly after the sale, indicating only a small portion of his holdings was involved.
Does the Crexendo (CXDO) Form 4 indicate any derivative transactions for the CFO?
No derivative transactions are listed for this filing. The Form 4 shows one non-derivative transaction: an open-market sale of 1,450 shares of Common Stock. The derivativeSummary section is empty, indicating no options or similar instruments were exercised or traded here.