Crexendo COO sells 80,000 shares, exercises options
Crexendo, Inc. Chief Operating Officer Douglas Walter Gaylor reported a mix of stock sales and option exercises in the company’s common shares.
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Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. Chief Operating Officer Douglas Walter Gaylor reported a mix of stock sales and option exercises in the company’s common shares. He sold a total of 80,000 shares in open-market transactions at prices around $10 per share. At the same time, he exercised 75,000 stock options with an exercise price of $6.26 per share, converting options into common stock before selling part of the resulting holdings.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Gaylor Douglas Walter
Role
Chief Operating Officer
Sold
80,000 shs ($802K)
Approx. gross sale proceeds
$802K
Approx. exercise cost
$470K
Share of Position Sold
26.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 55,000 | $6.26 | $344K |
| Exercise | Stock Options | 20,000 | $6.26 | $125K |
| Exercise | Common Stock | 55,000 | $6.26 | $344K |
| Sale | Common Stock | 55,000 | $10.0001 | $550K |
| Exercise | Common Stock | 20,000 | $6.26 | $125K |
| Sale | Common Stock | 20,000 | $9.9901 | $200K |
| Sale | Common Stock | 5,000 | $10.35 | $52K |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Common Stock — 222,816 shares (Direct)
Holdings Before and After:
Stock Options, 75,000 to 0 contracts (Direct);
Common Stock, 227,816 to 222,816 shares (Direct)
Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Key Figures
Shares sold: 80,000 shares
Options exercised: 75,000 shares
Sale price (block 1): $10.35 per share
+4 more
7 metrics
Shares sold
80,000 shares
Total open-market sales of Crexendo common stock
Options exercised
75,000 shares
Stock options converted into Crexendo common stock
Sale price (block 1)
$10.35 per share
Open-market sale of 5,000 shares
Sale price (block 2)
$9.9901 per share
Open-market sale of 20,000 shares
Sale price (block 3)
$10.0001 per share
Open-market sale of 55,000 shares
Option exercise price
$6.26 per share
Exercise price for 75,000 stock options
Net share direction
-80,000 shares
NetBuySellShares from transaction summary (net-sell)
Key Terms
open-market sale, derivative exercise/conversion, Stock Options, Common Stock, +2 more
6 terms
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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Stock Options financial
"security_title: "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
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.
transaction code "S" financial
"transaction_code: "S" for sales"
transaction code "M" financial
"transaction_code: "M" for option exercises"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Crexendo (CXDO) report for COO Douglas Walter Gaylor?
Crexendo reported that COO Douglas Walter Gaylor both sold common stock and exercised stock options. The Form 4 shows open-market sales totaling 80,000 shares and option exercises for 75,000 shares, reflecting a combination of liquidity-taking and conversion of derivative awards into common stock.
What stock options did the Crexendo (CXDO) COO exercise in this filing?
The COO exercised stock options covering 75,000 shares of Crexendo common stock. These options had an exercise price of $6.26 per share, and the transactions are classified as derivative exercises or conversions, turning option awards into common shares as reported in the Form 4.
Does the Crexendo (CXDO) Form 4 show remaining stock options after the COO’s exercises?
The filing shows option exercises of 75,000 shares and indicates no remaining position for one option lot and 20,000 shares remaining for another. The derivative summary section is otherwise empty, suggesting the disclosed exercises significantly reduced the reported option holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
