Crexendo, Inc. (CXDO) CFO logs RSU vesting and shares withheld for taxes
Rhea-AI Filing Summary
Crexendo, Inc. Chief Financial Officer Vincent Ron exercised 278 restricted stock units into an equal number of common shares on August 4, 2026. The company withheld 118 shares at the $7.47 closing price to cover payroll taxes, a tax-withholding transaction rather than an open-market sale. After this vesting, Ron holds 8,334 RSUs that continue to vest in equal monthly installments over 36 months starting March 4, 2026, contingent on continued employment.
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Insider Trade Summary
Net Buyer: 160 shares
Net Buy
3 txns
Insider
Vincent Ron
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 278 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 278 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $7.47 | $881.46 |
Holdings After Transaction:
Restricted Stock Units — 8,334 shares (Direct);
Common Stock — 130,826 shares (Direct)
Footnotes (3)
- F1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
- F2. The Company withheld 118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on August 4, 2026 of $7.47. This transaction does not represent a sale by the reporting person.
- F3. The RSUs 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.
Key Figures
RSUs converted to common stock: 278 shares
Shares withheld for taxes: 118 shares
Tax withholding reference price: $7.47 per share
+2 more
5 metrics
RSUs converted to common stock
278 shares
Restricted Stock Units converted to CXDO common stock on August 4, 2026
Shares withheld for taxes
118 shares
Common shares withheld to pay associated payroll taxes at vesting
Tax withholding reference price
$7.47 per share
Closing stock price on August 4, 2026 used for payroll tax calculation
RSUs remaining after transaction
8,334 RSUs
Restricted Stock Units held by Vincent Ron following the reported conversion
RSU vesting period
36 months
RSUs vest in equal monthly installments starting March 4, 2026
Key Terms
Restricted Stock Units, payroll taxes, continuous employment, vesting
4 terms
Restricted Stock Units financial
"Each RSU represents the right to receive, upon vesting, one share"
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.
payroll taxes financial
"withheld 118 shares of common stock for payment of the associated payroll taxes"
continuous employment financial
"until such time as the RSUs are 100% vested, subject to continuous employment"
vesting financial
"The RSUs vest in equal monthly installments over 36 months"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Crexendo (CXDO) CFO Vincent Ron report?
Crexendo CFO Vincent Ron reported vesting of 278 restricted stock units into common stock on August 4, 2026. As part of this event, 118 shares were withheld to satisfy tax obligations, and he continues to hold 8,334 RSUs subject to ongoing vesting.
What is the vesting schedule for the Crexendo (CXDO) RSUs reported?
The RSUs vest in equal monthly installments over 36 months starting on March 4, 2026. Vesting is conditioned on Vincent Ron’s continuous employment, and the underlying common shares are delivered as each monthly tranche vests.
How many RSUs does Crexendo (CXDO) CFO Vincent Ron hold after this transaction?
Following the reported RSU conversion, Vincent Ron directly holds 8,334 restricted stock units. These remaining RSUs are scheduled to continue vesting monthly over the 36‑month period that began March 4, 2026, subject to his continued employment with Crexendo.