Crexendo CFO converts stock awards into 1,667 shares
Payroll-tax withholding accompanied the RSU conversions, and Crexendo stated those withholdings were not sales by its chief financial officer.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Crexendo, Inc. Chief Financial Officer Ron Vincent reported the conversion of 1,667 restricted stock units into common stock on October 25 and October 27, 2026. The RSUs vest in equal monthly installments over 36 months, subject to continuous employment. Crexendo withheld 707 shares for associated payroll taxes: two entries of 118 shares each at $5.75 on October 25 and 471 shares at $5.90 on October 27. The footnotes state these withholdings were not sales by Vincent.
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 | $5.90 | $3K |
| Exercise | Restricted Stock Units F1, F4 | 278 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 278 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 278 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $5.75 | $678.50 |
| Exercise | Common Stock F1 | 278 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 118 | $5.75 | $678.50 |
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 October 25, 2026 of $5.75. 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 October 27, 2026 of $5.90. This transaction does not represent a sale by the reporting person
- F4. The RSUs will 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 will 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 will 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
RSU financial
vesting financial
payroll taxes financial
FAQ
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