What is the net share impact of the Crexendo (CXDO) CTO’s Form 4 transactions?

The filing’s transaction summary shows a net-sell direction, with 50,000 shares sold and no reported purchases. This results in a net reduction of 50,000 Crexendo common shares in the CTO’s directly reported holdings for this filing.

Crexendo (CXDO) CTO David Wang sells 50,000 shares, retains over 559,000

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Crexendo, Inc. Chief Technology Officer David Tzat-kin Wang reported selling a total of 50,000 shares of Crexendo common stock in open-market transactions. The sales occurred in two blocks of 25,000 shares each at prices of $7.49 and $7.39 per share. After these transactions, he directly holds 559,747 shares of Crexendo common stock.

Insights

CTO executed a moderate open-market sale but retains a substantial position.

David Tzat-kin Wang, Chief Technology Officer of Crexendo, Inc., sold 50,000 shares of common stock in two open-market transactions at prices between $7.39 and $7.49 per share. The filing characterizes these as standard open-market sales.

Following the transactions, he directly holds 559,747 shares of Crexendo common stock, indicating he maintains a significant ongoing equity stake. The filing shows no related derivative exercises or tax-withholding entries, so this appears as a straightforward share sale rather than part of an option exercise sequence.

Because the filing does not provide information on total shares outstanding or any trading plan context, the transactions are best viewed as routine insider selling activity based solely on the disclosed amounts and remaining holdings.

Insider Trade Summary

Net Seller: 50,000 shares ($372,000)

Net Sell 2 txns

Insider Wang David Tzat-kin

Role Chief Technology Officer

Sold 50,000 shs ($372K)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$7.39	$185K
Sale	Common Stock	25,000	$7.49	$187K

Holdings After Transaction: Common Stock — 584,747 shares (Direct, null)

Footnotes (1)

Key Figures

Total shares sold: 50,000 shares Block 1 sale price: $7.49 per share Block 2 sale price: $7.39 per share +3 more

6 metrics

Total shares sold 50,000 shares Net insider sales in this Form 4

Block 1 sale price $7.49 per share 25,000-share open-market sale

Block 2 sale price $7.39 per share 25,000-share open-market sale

Shares held after transactions 559,747 shares Direct holdings following reported sales

Sell transactions count 2 transactions Both coded as open-market sales (S)

Net buy/sell direction net-sell of 50,000 shares Transaction summary for this Form 4

Key Terms

open-market sale, Common Stock, transaction code "S", net-sell

4 terms

open-market sale financial

"transaction_action: "open-market sale" for each 25,000-share trade"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock" for the reported transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code "S" financial

"transaction_code: "S" with description "Sale in open market or private transaction""

net-sell financial

"transactionSummary shows netBuySellDirection: "net-sell" with 50,000 shares"

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 06:39 PM

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).

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^*

Wang David Tzat-kin

(Last)

(First)

(Middle)

8910 UNIVERSITY CENTER LANE

STE 400

(Street)

SAN DIEGO

CALIFORNIA

92122

(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 Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/12/2026		S		25,000	D	$7.39	584,747	D
Common Stock	06/15/2026		S		25,000	D	$7.49	559,747	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ David Tzat-kin Wang	06/16/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Crexendo (CXDO) report for its CTO?

Crexendo reported that Chief Technology Officer David Tzat-kin Wang sold 50,000 shares of common stock. The shares were sold in two 25,000-share open-market transactions, and he continues to hold 559,747 shares directly after these sales.

How many Crexendo (CXDO) shares did the CTO sell and at what prices?

The CTO sold 50,000 Crexendo common shares in total. One 25,000-share block was sold at $7.49 per share and another 25,000-share block at $7.39 per share, both characterized as open‑market sales.

How many Crexendo (CXDO) shares does the CTO hold after the reported sale?

After the reported transactions, Chief Technology Officer David Tzat-kin Wang directly holds 559,747 shares of Crexendo common stock. This figure reflects his remaining ownership position immediately following the combined 50,000-share open-market sale.

Were the Crexendo (CXDO) CTO transactions open-market trades?

Yes. Both transactions are coded as “S” with the description “Sale in open market or private transaction.” The filing further classifies the activity as open-market sales of Crexendo common stock at per‑share prices of $7.49 and $7.39.

Did the Crexendo (CXDO) CTO exercise options or derivatives in this Form 4?

No derivative exercises are shown in this Form 4. The derivative summary is empty and all reported activity involves non-derivative common stock sales, indicating no concurrent option exercises or other derivative transactions in this particular filing.