Crexendo (CXDO) CEO sells 10,000 shares at $7.1401 under 10b5-1

Crexendo (CXDO) Chief Executive Officer Jeffery G. Korn reported an open‑market sale of 10,000 shares of common stock on November 5, 2025 at an average price of $7.1401 per share.

Rhea-AI Filing Summary

Crexendo (CXDO) Chief Executive Officer Jeffery G. Korn reported an open‑market sale of 10,000 shares of common stock on November 5, 2025 at an average price of $7.1401 per share.

Following this transaction, Korn beneficially owns 240,398 shares, shown as Direct ownership. The filing notes the sale was made pursuant to a plan intended to comply with Rule 10b5‑1(c), which was entered on December 9, 2024.

Insights

Corporate governance & insider transactions analyst

Routine 10b5‑1 insider sale; administrative and neutral.

The CEO of Crexendo, Jeffery G. Korn, disclosed a sale of 10,000 shares at $7.1401 on November 5, 2025. The filing states the sale was made under a Rule 10b5‑1(c) trading plan entered on December 9, 2024, which is designed to allow pre‑scheduled trades.

After the transaction, Korn reports 240,398 shares beneficially owned, marked as Direct. Because the trade follows an established plan, the disclosure is generally administrative; actual market impact depends on overall trading volume and holder activity.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 1 txn

Insider KORN JEFFREY G

Role Chief Executive Officer

Sold 10,000 shs ($71K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$7.1401	$71K

Holdings After Transaction: Common Stock — 240,398 shares (Direct)

Footnotes (1)

1. F1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Korn was not aware of material nonpublic information.

FAQ

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

What did CXDO’s CEO report in the Form 4?

Jeffery G. Korn reported selling 10,000 shares of Crexendo common stock at an average price of $7.1401 on November 5, 2025.

How many Crexendo (CXDO) shares does the CEO own after the sale?

He beneficially owns 240,398 shares following the reported transaction.

Was the CXDO insider sale made under a Rule 10b5-1 plan?

Yes. The sale was made under a plan intended to comply with Rule 10b5‑1(c), entered on December 9, 2024.

What is the ownership form reported for the CEO’s holdings?

The filing lists the CEO’s beneficial ownership as Direct.

Who is the reporting person in this CXDO Form 4?

The reporting person is Jeffery G. Korn, Chief Executive Officer of Crexendo.

What transaction code appears in the filing?

Transaction code S is shown, indicating an open‑market or private sale.

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

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Accepted by SEC EDGAR 11/07/2025 - 01:37 PM Learn about SEC filing dates

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).

X

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^*

KORN JEFFREY G

(Last) (First) (Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

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 Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/05/2025		S(1)		10,000	D	$7.1401	240,398	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Korn was not aware of material nonpublic information.

	/s/ Jeffery G. Korn	11/07/2025
	** 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.