Crexendo (CXDO) director receives 10,000 stock options at $6.47 exercise price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. director Kevin Arnold Jackson reported receiving a grant of stock options on March 4, 2026. The award covers 10,000 stock options with an exercise price of $6.47 per share, giving him the right to buy company stock at that price in the future.
According to the filing, these options vest in 36 equal monthly installments beginning on April 4, 2026, meaning the award becomes exercisable gradually over three years rather than all at once. After this grant, he holds 10,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Kevin Ar nold
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 10,000 | $6.47 | $65K |
Holdings After Transaction:
Stock Options — 10,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Crexendo (CXDO) report for Kevin Arnold Jackson?
Crexendo reported that director Kevin Arnold Jackson received a grant of 10,000 stock options on March 4, 2026. These options give him the right to buy company shares at a fixed price if and when they vest and are exercised.
What is the exercise price of the new Crexendo (CXDO) stock options?
The granted stock options have an exercise price of $6.47 per share. This means Jackson can purchase Crexendo shares at $6.47 once the options vest and he chooses to exercise them, regardless of the future market trading price.
How do the Crexendo (CXDO) stock options granted to Kevin Arnold Jackson vest?
The stock options vest over 36 equal monthly installments starting on April 4, 2026. This structure spreads vesting across three years, so portions of the 10,000-option award become exercisable each month instead of all at once.
How many Crexendo (CXDO) stock options does Kevin Arnold Jackson hold after this Form 4?
After the reported grant, Jackson holds 10,000 stock options directly. These options represent potential future ownership, since he must wait for them to vest and then choose to exercise them to convert the options into Crexendo common shares.
Was the Crexendo (CXDO) insider transaction a market purchase or an award?
The transaction was a grant or award of stock options, not an open-market share purchase or sale. It reflects equity-based compensation, giving Jackson the right to buy shares at $6.47 once the options vest over the specified 36-month schedule.