Crexendo CFO reports RSU vesting and tax withholding
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.
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
| 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 |
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
Key Terms
Restricted Stock Units financial
payroll taxes financial
closing stock price financial
vest in equal monthly installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Crexendo (CXDO) CFO Vincent Ron report in this Form 4?
How many RSUs vested for Crexendo (CXDO) CFO Vincent Ron and on what date?
What is the vesting schedule of Vincent Ron's Crexendo (CXDO) RSUs?
How many RSUs does Crexendo (CXDO) CFO Vincent Ron hold after this transaction?
Were Crexendo (CXDO) CFO Vincent Ron's reported transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.