Crexendo (CXDO) COO awarded 10,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gaylor Douglas Walter
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 10,000 shares (Direct)
Footnotes (1)
- Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment. 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.
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.