Crexendo (CXDO) COO awarded 10,000 restricted stock units

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) Chief Operating Officer Douglas Walter Gaylor reported an equity grant of 10,000 restricted stock units (RSUs). The RSUs were awarded on February 4, 2026 and each RSU represents the right to receive one share of Crexendo common stock upon vesting.

The 10,000 RSUs vest in equal monthly installments over 36 months starting on March 4, 2026, until they are fully vested, contingent on continued employment. Shares of common stock will be delivered as the RSUs vest. Following this grant, Gaylor beneficially owns 10,000 derivative securities directly.

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

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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^*

Gaylor Douglas Walter

(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 Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

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

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
Restricted Stock Units	$0(1)	02/04/2026		A		10,000		(2)	(2)	Common Stock	10,000	$0	10,000	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 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.

	/s/Douglas Walter Gaylor	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Crexendo (CXDO) COO Douglas Gaylor report on this Form 4?

Douglas Walter Gaylor reported receiving 10,000 restricted stock units (RSUs) of Crexendo common stock. The award was granted on February 4, 2026, and is reported as a direct, derivative security holding tied to his role as Chief Operating Officer.

How many restricted stock units were granted to the Crexendo (CXDO) COO and at what price?

The Crexendo COO was granted 10,000 restricted stock units at a price of $0 per unit. These RSUs represent a right to receive shares in the future upon vesting rather than an immediate cash purchase of common stock.

When do Douglas Gaylor’s Crexendo (CXDO) RSUs start vesting and over what period?

The RSUs begin vesting on March 4, 2026 and continue over 36 months. They vest in equal monthly installments until 100% of the 10,000 units are vested, subject to Gaylor’s continuous employment with Crexendo throughout the vesting period.

What does each restricted stock unit represent in the Crexendo (CXDO) COO grant?

Each RSU represents the right to receive one share of Crexendo common stock upon vesting. Delivery of shares occurs as the units vest, and the award is contingent on continued employment, aligning the Chief Operating Officer’s compensation with long-term shareholder interests.

How many Crexendo (CXDO) derivative securities does the COO own after this RSU grant?

After the reported transaction, the COO beneficially owns 10,000 derivative securities in the form of RSUs. These units are held directly and will convert into shares of common stock over time as the vesting schedule is satisfied.