Crexendo CEO granted 10,000 RSUs
Crexendo, Inc. reported an insider equity award for its Chief Executive Officer, Jeffrey G. Korn.
Rhea-AI Filing Summary
Crexendo, Inc. reported an insider equity award for its Chief Executive Officer, Jeffrey G. Korn. On February 4, 2026, he was granted 10,000 restricted stock units (RSUs) at a stated price of $0 per unit, held as a derivative security.
Each RSU represents the right to receive one share of CXDO common stock upon vesting, contingent on continued employment. The RSUs vest in equal monthly installments over 36 months, starting on March 4, 2026, until fully vested, with shares delivered upon each vesting date. Following this grant, he directly beneficially owns 10,000 derivative securities related to these RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Crexendo (CXDO) disclose in this Form 4?
How many restricted stock units were granted to the Crexendo (CXDO) CEO?
What is the vesting schedule for the Crexendo (CXDO) CEO’s 10,000 RSUs?
What does each Crexendo (CXDO) RSU granted to the CEO represent?
How many derivative securities does the Crexendo (CXDO) CEO own after this RSU grant?
Is the Crexendo (CXDO) CEO’s RSU award reported as directly owned?
AI-generated analysis. How Rhea-AI works. Not financial advice.