CXDO Form 4: CEO Jeffery Korn reports 10,000-share stock sale

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) CEO Jeffery G. Korn reported a stock sale under a pre-arranged Rule 10b5-1 trading plan. On 11/11/2025, he sold 10,000 shares of Crexendo common stock at an average price of $7.2501 per share. After this transaction, he beneficially owns 230,398 shares directly.

The filing notes that the sale was made pursuant to a trading plan entered on December 9, 2024, when Mr. Korn was not aware of material nonpublic information. Rule 10b5-1 plans allow insiders to schedule trades in advance to help separate their personal trading from day-to-day company news.

Insider Trade Summary

Net Seller: 10,000 shares ($72,501)

Net Sell 1 txn

Insider KORN JEFFREY G

Role Chief Executive Officer

Sold 10,000 shs ($73K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$7.2501	$73K

Holdings After Transaction: Common Stock — 230,398 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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)
11/11/2025

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	11/11/2025		S(1)		10,000	D	$7.2501	230,398	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	11/13/2025
	** 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.

FAQ

What did Crexendo (CXDO) disclose in this Form 4 filing?

The filing reports that CEO Jeffery G. Korn sold 10,000 shares of Crexendo common stock on 11/11/2025 and now holds 230,398 shares directly.

At what price did the Crexendo (CXDO) CEO sell shares?

Jeffery G. Korn sold 10,000 shares of Crexendo common stock at an average price of $7.2501 per share.

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

Following the reported sale, CEO Jeffery G. Korn beneficially owns 230,398 shares of Crexendo common stock directly.

Was the Crexendo (CXDO) CEO’s stock sale under a Rule 10b5-1 trading plan?

Yes. The sale was made pursuant to a Rule 10b5-1(c) trading plan that was entered on December 9, 2024.

Why is Rule 10b5-1 mentioned in the Crexendo (CXDO) Form 4?

Rule 10b5-1 allows insiders to set up pre-arranged trading plans. The filing states that the sale was made under such a plan and that Mr. Korn was not aware of material nonpublic information when he adopted it.

What is the relationship of the reporting person to Crexendo (CXDO)?

The reporting person, Jeffery G. Korn, is identified as the Chief Executive Officer of Crexendo, Inc.