Crexendo CFO vests 15,276 RSUs; shares withheld

Q: What equity transactions did CXDO’s CFO report on this Form 4?

The CFO reported exercises of 15,276 Restricted Stock Units into the same number of Crexendo common shares on September 4–5, 2026, plus related share withholdings to cover payroll taxes. The RSUs converted at a $0.00 exercise price.

Q: Were any of the CXDO shares on this Form 4 sold in the open market?

No. The filing states that 6,471 shares of CXDO common stock were withheld by the company to pay associated payroll taxes at a price of $6.01 per share, and that these transactions do not represent sales by the reporting person.

Q: What RSU vesting schedules are disclosed for CXDO in this Form 4?

Several RSU grants vest either in equal quarterly installments over 12 quarters starting on June 5, 2024, June 4, 2025, or June 4, 2026, or in equal monthly installments over 36 months starting on March 4, 2026, all contingent on continuous employment.

Q: At what stock price did Crexendo value the withheld CXDO shares for taxes?

Crexendo valued the withheld shares using the $6.01 closing stock price on September 4, 2026 and September 5, 2026. This price was applied to 6,471 shares of common stock withheld for payroll tax payments.

Q: Does this CXDO Form 4 indicate trades under a Rule 10b5-1 plan?

No. The Form 4’s Rule 10b5‑1 checkbox is not affirmed, and the footnotes describe RSU vesting and tax‑withholding events only. There is no disclosure that these transactions occurred under a Rule 10b5‑1 trading plan.

Crexendo’s CFO reported RSU vesting and tax‑withholding share transfers, with no open‑market stock sales.

Available on EDGAR 09/09/2026 - 07:17 PM EDT Accepted by SEC EDGAR 09/09/2026 - 07:16 PM EDT

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) reported Form 4 activity for Chief Financial Officer Vincent Ron reflecting equity compensation vesting, not open‑market trading. On September 4–5, 2026, a total of 15,276 Restricted Stock Units were exercised into the same number of shares of common stock at a conversion price of $0.00 per share. The company withheld 6,471 shares of common stock, valued using the $6.01 closing stock price on those dates, to cover associated payroll tax obligations; the filing states these withholding transactions do not represent sales by the reporting person. No Rule 10b5‑1 trading plan is reported.

Insider Trade Summary

15,276 shares exercised/converted

Exercise 12 txns

Insider Vincent Ron

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F1, F9}	4,166	$0.00	$0.00
Exercise	Common Stock ^F1	4,166	$0.00	$0.00
Tax Withholding	Common Stock ^F5	1,765	$6.01	$11K
Exercise	Restricted Stock Units ^{F1, F6}	5,000	$0.00	$0.00
Exercise	Restricted Stock Units ^{F1, F7}	277	$0.00	$0.00
Exercise	Restricted Stock Units ^{F1, F8}	5,833	$0.00	$0.00
Exercise	Common Stock ^F1	5,000	$0.00	$0.00
Tax Withholding	Common Stock ^F2	2,118	$6.01	$13K
Exercise	Common Stock ^F1	277	$0.00	$0.00
Tax Withholding	Common Stock ^F3	118	$6.01	$709.18
Exercise	Common Stock ^F1	5,833	$0.00	$0.00
Tax Withholding	Common Stock ^F4	2,470	$6.01	$15K

Holdings After Transaction: Restricted Stock Units — 104,725 contracts (Direct); Common Stock — 140,590 shares (Direct)

Holdings Before and After: Restricted Stock Units, 120,001 to 104,725 contracts (Direct); Common Stock, 131,785 to 140,590 shares (Direct)

Footnotes (9)

F1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F2. The Company withheld 2,118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
F3. The Company withheld 118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
F4. The Company withheld 2,470 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
F5. The Company withheld 1,765 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
F6. The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F7. The RSUs will vest in equal monthly installments over 36 months starting on March 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F8. The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F9. The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

Key Figures

RSUs exercised: 15,276 units Shares withheld for taxes: 6,471 shares Valuation price for tax withholding: $6.01 per share +2 more

5 metrics

RSUs exercised 15,276 units Total Restricted Stock Units converted into common stock on September 4–5, 2026

Shares withheld for taxes 6,471 shares Common shares withheld to pay payroll taxes on September 4–5, 2026

Valuation price for tax withholding $6.01 per share Closing CXDO stock price used on September 4 and 5, 2026

Shares withheld on Sept. 4, 2026 4,706 shares 2,118 + 118 + 2,470 common shares withheld for payroll taxes on September 4, 2026

Shares withheld on Sept. 5, 2026 1,765 shares Common shares withheld for payroll taxes on September 5, 2026

Key Terms

Restricted Stock Units, withheld, payroll taxes, continuous employment

4 terms

Restricted Stock Units financial

"Each RSU represents the right to receive, upon vesting, one share of CXDO common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

withheld financial

"The Company withheld 2,118 shares of common stock for payment of the associated payroll taxes"

payroll taxes financial

"for payment of the associated payroll taxes, using the closing stock price"

continuous employment financial

"until such time as the RSUs are 100% vested, subject to continuous employment"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity transactions did CXDO’s CFO report on this Form 4?

The CFO reported exercises of 15,276 Restricted Stock Units into the same number of Crexendo common shares on September 4–5, 2026, plus related share withholdings to cover payroll taxes. The RSUs converted at a $0.00 exercise price.

Were any of the CXDO shares on this Form 4 sold in the open market?

No. The filing states that 6,471 shares of CXDO common stock were withheld by the company to pay associated payroll taxes at a price of $6.01 per share, and that these transactions do not represent sales by the reporting person.

What RSU vesting schedules are disclosed for CXDO in this Form 4?

Several RSU grants vest either in equal quarterly installments over 12 quarters starting on June 5, 2024, June 4, 2025, or June 4, 2026, or in equal monthly installments over 36 months starting on March 4, 2026, all contingent on continuous employment.

At what stock price did Crexendo value the withheld CXDO shares for taxes?

Crexendo valued the withheld shares using the $6.01 closing stock price on September 4, 2026 and September 5, 2026. This price was applied to 6,471 shares of common stock withheld for payroll tax payments.

Does this CXDO Form 4 indicate trades under a Rule 10b5-1 plan?

No. The Form 4’s Rule 10b5‑1 checkbox is not affirmed, and the footnotes describe RSU vesting and tax‑withholding events only. There is no disclosure that these transactions occurred under a Rule 10b5‑1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

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)

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	09/04/2026		M		5,000	A	$0⁽¹⁾	136,785	D
Common Stock	09/04/2026		F⁽²⁾		2,118	D	$6.01	134,667	D
Common Stock	09/04/2026		M		277	A	$0⁽¹⁾	134,944	D
Common Stock	09/04/2026		F⁽³⁾		118	D	$6.01	134,826	D
Common Stock	09/04/2026		M		5,833	A	$0⁽¹⁾	140,659	D
Common Stock	09/04/2026		F⁽⁴⁾		2,470	D	$6.01	138,189	D
Common Stock	09/05/2026		M		4,166	A	$0⁽¹⁾	142,355	D
Common Stock	09/05/2026		F⁽⁵⁾		1,765	D	$6.01	140,590	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⁽¹⁾	09/04/2026		M			5,000	⁽⁶⁾	⁽⁶⁾	Common Stock	5,000	$0	30,000	D
Restricted Stock Units	$0⁽¹⁾	09/04/2026		M			277	⁽⁷⁾	⁽⁷⁾	Common Stock	277	$0	8,057	D
Restricted Stock Units	$0⁽¹⁾	09/04/2026		M			5,833	⁽⁸⁾	⁽⁸⁾	Common Stock	5,833	$0	58,334	D
Restricted Stock Units	$0⁽¹⁾	09/05/2026		M			4,166	⁽⁹⁾	⁽⁹⁾	Common Stock	4,166	$0	8,334	D

Explanation of Responses:

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

2. The Company withheld 2,118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

3. The Company withheld 118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

4. The Company withheld 2,470 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

5. The Company withheld 1,765 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

6. The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

7. The RSUs will vest in equal monthly installments over 36 months starting on March 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

8. The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

9. The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

	/s/Ron Vincent	09/09/2026
	** 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