Crexendo CFO gains 1,666 shares from RSU vesting
Crexendo, Inc. (CXDO) reported that Chief Financial Officer Ron Vincent had Restricted Stock Units (RSUs) vest and convert into common stock on August 25 and August 27, 2026.
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Rhea-AI Filing Summary
Crexendo, Inc. (CXDO) reported that Chief Financial Officer Ron Vincent had Restricted Stock Units (RSUs) vest and convert into common stock on August 25 and August 27, 2026. A total of 1,666 RSUs were exercised into an equal number of common shares, and the company withheld 707 shares of common stock at prices of $6.31 and $6.42 per share to cover associated payroll taxes. The tax-withholding transactions are explicitly stated as not representing sales by the reporting person. The RSU awards vest in equal monthly installments over 36 months from grant-specific start dates in March 2025, October 2025 and June 2026, subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F6 | 1,111 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,111 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 471 | $6.42 | $3K |
| Exercise | Restricted Stock Units F1, F4 | 278 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 277 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 278 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $6.31 | $744.58 |
| Exercise | Common Stock F1 | 277 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $6.31 | $744.58 |
Footnotes (6)
- 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 25, 2026 of $6.31. This transaction does not represent a sale by the reporting person.
- F3. The Company withheld 471 shares of common stock for payment of the associated payroll taxes, using the closing stock price on August 27, 2026 of $6.42. This transaction does not represent a sale by the reporting person.
- F4. 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.
- F5. 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.
- F6. The RSUs vest in equal monthly installments over 36 months starting on June 27, 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
withheld financial
payroll taxes financial
vest in equal monthly installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CXDO’s CFO Ron Vincent report on this Form 4?
How many RSUs vested for the CXDO CFO in the reported period?
What are the vesting schedules for the CXDO RSUs reported by the CFO?
Does this CXDO Form 4 indicate open-market buying or selling by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.