Crexendo (CXDO) CFO gains stock from RSUs as shares withheld for tax

Rhea-AI Filing Summary

Crexendo, Inc. Chief Financial Officer Vincent Ron reported routine equity compensation activity involving restricted stock units (RSUs). On March 25, 2026, RSUs covering 556 shares of common stock vested and were delivered, increasing his direct holdings. To cover associated payroll taxes, the company withheld 153 shares of common stock, valued using the $6.48 closing price, which the footnotes clarify does not represent a market sale. After these transactions, Ron directly holds 180,272 shares of Crexendo common stock.

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^*

Vincent Ron

(Last) (First) (Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE ARIZONA 85288

(City) (State) (Zip)

UNITED STATES

(Country)

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/25/2026		M		278	A	$0(1)	180,147	D
Common Stock	03/25/2026		F(2)		76	D	$6.48	180,071	D
Common Stock	03/25/2026		M		278	A	$0(1)	180,349	D
Common Stock	03/25/2026		F(4)		77	D	$6.48	180,272	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
Restricted Stock Units	$0(1)	03/25/2026		M			278	(3)	(3)	Common Stock	278	$0	6,390	D
Restricted Stock Units	$0(1)	03/25/2026		M			278	(5)	(5)	Common Stock	278	$0	8,334	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 Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 25, 2026 of $6.48. This transaction does not represent a sale by the reporting person.

3. The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

4. The Company withheld 77 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 25, 2026 of $6.48. This transaction does not represent a sale by the reporting person.

5. The RSUs vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

Remarks:

	/s/Ron Vincent	03/27/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Crexendo (CXDO) CFO Vincent Ron report on March 25, 2026?

Crexendo CFO Vincent Ron reported RSU vesting and related tax-withholding transactions. RSUs for 556 shares of common stock vested, while 153 shares were withheld by the company to satisfy payroll taxes, leaving him with 180,272 common shares held directly.

How many Crexendo (CXDO) shares did the CFO receive from RSU vesting in this Form 4?

The CFO received 556 shares of Crexendo common stock from RSU vesting. These arose from two RSU grants that each converted 278 units into common shares upon vesting, contingent on his continued employment with the company.

How many Crexendo (CXDO) shares were withheld for taxes in the CFO’s Form 4 filing?

A total of 153 Crexendo common shares were withheld for taxes. The company withheld 76 and 77 shares in two separate entries, using the March 25, 2026 closing price of $6.48 to calculate the associated payroll tax obligations.

What is Crexendo (CXDO) CFO Vincent Ron’s direct share ownership after these Form 4 transactions?

Following the reported RSU vesting and tax-withholding entries, Vincent Ron directly holds 180,272 shares of Crexendo common stock. This figure reflects his updated position after receiving RSU shares and the company’s share withholding to satisfy payroll tax requirements.

Do the tax-withholding entries in the Crexendo (CXDO) CFO Form 4 represent market sales?

The tax-withholding entries do not represent market sales by the CFO. Footnotes clarify the 76 and 77 shares were withheld by the company to pay payroll taxes at $6.48 per share, describing these as tax-liability payments rather than discretionary open-market dispositions.

How do the Crexendo (CXDO) CFO’s RSUs vest according to the Form 4 footnotes?

The RSUs vest in equal monthly installments over 36 months. One grant began vesting on March 25, 2025 and another on October 25, 2025, with each schedule requiring continuous employment and delivering one share of common stock for each RSU upon vesting.