Crexendo (CXDO) CFO notes 278 RSUs vested, 118 shares withheld for taxes
Rhea-AI Filing Summary
Crexendo, Inc. Chief Financial Officer Vincent Ron reported the vesting of 278 Restricted Stock Units on August 4, 2026, converting into an equal number of common shares at no cash exercise price. To cover payroll taxes, the company withheld 118 common shares at the $7.47 closing price, which is explicitly stated not to be a market sale. The RSU grant vests in equal monthly installments over 36 months starting March 4, 2026, and Ron continues to hold 8,334 RSUs after this vesting event.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 160 shares
Net Buy
3 txns
Insider
Vincent Ron
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 278 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 278 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $7.47 | $881.46 |
Holdings After Transaction:
Restricted Stock Units — 8,334 shares (Direct);
Common Stock — 130,826 shares (Direct)
Footnotes (3)
- F1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
- F2. The Company withheld 118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on August 4, 2026 of $7.47. This transaction does not represent a sale by the reporting person.
- F3. 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.
Key Figures
RSUs Vested: 278 shares
Shares Withheld for Taxes: 118 shares
Tax Withholding Price: $7.47 per share
+2 more
5 metrics
RSUs Vested
278 shares
Restricted Stock Units converted to common stock on August 4, 2026
Shares Withheld for Taxes
118 shares
Common shares withheld to pay associated payroll taxes at vesting
Tax Withholding Price
$7.47 per share
Closing stock price on August 4, 2026 used to value tax withholding
RSUs Remaining
8,334 RSUs
Restricted Stock Units held by Vincent Ron following this vesting event
Vesting Period
36 months
RSUs vest in equal monthly installments starting March 4, 2026
Key Terms
Restricted Stock Units, payroll taxes, closing stock price, vest in equal monthly installments
4 terms
Restricted Stock Units financial
"Each RSU represents the right to receive, upon vesting, one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
payroll taxes financial
"withheld 118 shares of common stock for payment of the associated payroll taxes"
closing stock price financial
"using the closing stock price on August 4, 2026 of $7.47"
vest in equal monthly installments financial
"The RSUs vest in equal monthly installments over 36 months"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Crexendo (CXDO) CFO Vincent Ron report in this Form 4?
Crexendo CFO Vincent Ron reported the vesting of 278 RSUs into common stock on August 4, 2026. The company then withheld 118 shares at $7.47 per share for payroll taxes, a transaction explicitly described as not a market sale.
How many RSUs vested for Crexendo (CXDO) CFO Vincent Ron and on what date?
On August 4, 2026, 278 Restricted Stock Units held by Crexendo CFO Vincent Ron vested and converted into the same number of common shares. Each RSU represents the right to receive one share of CXDO common stock contingent on his continued employment.
What is the vesting schedule of Vincent Ron's Crexendo (CXDO) RSUs?
The RSUs vest in equal monthly installments over 36 months starting on March 4, 2026. Vesting continues until the RSUs are 100% vested, provided Vincent Ron maintains continuous employment, with shares delivered upon each vesting event.
How many RSUs does Crexendo (CXDO) CFO Vincent Ron hold after this transaction?
After this vesting event, Vincent Ron holds 8,334 Restricted Stock Units. This figure reflects RSUs remaining following the conversion of 278 RSUs into common stock on August 4, 2026, as reported in the derivative position table of the Form 4.
Were Crexendo (CXDO) CFO Vincent Ron's reported transactions under a Rule 10b5-1 trading plan?
No, the filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not reference any Rule 10b5-1 arrangement. The reported activity reflects RSU vesting and tax-share withholding rather than discretionary open-market trades.