Crexendo (NASDAQ: CXDO) CFO reports 70,000 RSU grant and tax share withholdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Crexendo, Inc. Chief Financial Officer Vincent Ron reported multiple equity compensation transactions involving restricted stock units (RSUs) and common stock. On March 4, 2026, he received a grant of 70,000 RSUs, which the footnotes state will vest in equal monthly installments over 36 months starting on March 4, 2026, with shares delivered upon vesting.

He also exercised previously awarded RSUs into common stock on March 4 and March 5, 2026, at a stated price of $0.00 per share, increasing his direct common share holdings. Following the last reported transaction on March 5, 2026, he directly owned 179,869 shares of Crexendo common stock.

On both dates, the company withheld portions of his common shares—1,368 shares at $6.47 and 1,140 shares at $6.88—to cover associated payroll taxes. The footnotes clarify that these tax-withholding transactions do not represent open-market sales by the reporting person.

Insider Trade Summary

9,444 shares exercised/converted

Mixed 10 txns

Insider Vincent Ron

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,167	$0.00	--
Exercise	Common Stock	4,167	$0.00	--
Tax Withholding	Common Stock	1,140	$6.88	$8K
Exercise	Restricted Stock Units	5,000	$0.00	--
Exercise	Restricted Stock Units	277	$0.00	--
Grant/Award	Restricted Stock Units	70,000	$0.00	--
Exercise	Common Stock	5,000	$0.00	--
Tax Withholding	Common Stock	1,368	$6.47	$9K
Exercise	Common Stock	277	$0.00	--
Tax Withholding	Common Stock	76	$6.47	$491.72

Holdings After Transaction: Restricted Stock Units — 16,667 shares (Direct); Common Stock — 181,009 shares (Direct)

Footnotes (1)

Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment. The Company withheld 1,368 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person. The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting. The Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person. 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. The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting. The Company withheld 1,140 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 5, 2026 of $6.88. This transaction does not represent a sale by the reporting person. The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/05/2026 - 07:55 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^*

Vincent Ron

(Last)

(First)

(Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE

85288

(City)

(State)

(Zip)

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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/04/2026		M		5,000	A	$0⁽¹⁾	178,009	D
Common Stock	03/04/2026		F⁽²⁾		1,368	D	$6.47	176,641	D
Common Stock	03/04/2026		M		277	A	$0⁽¹⁾	176,918	D
Common Stock	03/04/2026		F⁽⁴⁾		76	D	$6.47	176,842	D
Common Stock	03/05/2026		M		4,167	A	$0⁽¹⁾	181,009	D
Common Stock	03/05/2026		F⁽⁷⁾		1,140	D	$6.88	179,869	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)
Restricted Stock Units	$0⁽¹⁾	03/04/2026		M			5,000	⁽³⁾	⁽³⁾	Common Stock	5,000	$0	40,000	D
Restricted Stock Units	$0⁽¹⁾	03/04/2026		M			277	⁽⁵⁾	⁽⁵⁾	Common Stock	277	$0	9,723	D
Restricted Stock Units	$0⁽¹⁾	03/05/2026		M			4,167	⁽⁶⁾	⁽⁶⁾	Common Stock	4,167	$0	16,667	D
Restricted Stock Units	$0⁽¹⁾	03/04/2026		A		70,000		⁽⁸⁾	⁽⁸⁾	Common Stock	70,000	$0	70,000	D

Explanation of Responses:

1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.

2. The Company withheld 1,368 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person.

3. The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

4. The Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 4, 2026 of $6.47. This transaction does not represent a sale by the reporting person.

5. 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.

6. The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

7. The Company withheld 1,140 shares of common stock for payment of the associated payroll taxes, using the closing stock price on March 5, 2026 of $6.88. This transaction does not represent a sale by the reporting person.

8. The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting

	/s/Ron Vincent	03/05/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Crexendo (CXDO) report for CFO Vincent Ron?

Crexendo’s CFO Vincent Ron reported RSU grants, RSU exercises into common stock, and share withholdings for taxes. A key grant was 70,000 RSUs on March 4, 2026, along with multiple related conversions and tax-withholding dispositions of common shares.

Was the Crexendo (CXDO) CFO’s Form 4 a stock sale in the market?

The filing does not show open-market sales. Shares labeled with code F were withheld by the company to pay payroll taxes at stated prices of $6.47 and $6.88, and the footnotes explicitly state these do not represent sales by the reporting person.

How many Crexendo (CXDO) RSUs were granted to the CFO in this filing?

The CFO received a grant of 70,000 restricted stock units. The footnotes explain these RSUs vest in equal monthly installments over 36 months starting on March 4, 2026, with one Crexendo common share delivered for each RSU as it vests.

How many Crexendo (CXDO) common shares does the CFO own after these transactions?

After the last reported transaction on March 5, 2026, the Form 4 shows Vincent Ron directly owned 179,869 shares of Crexendo common stock. This figure reflects RSU exercises and share withholdings for taxes detailed in the filing’s transaction table.

At what prices were Crexendo (CXDO) shares withheld for the CFO’s taxes?

Crexendo withheld 1,368 shares at $6.47 and 1,140 shares at $6.88 to cover payroll taxes. Footnotes specify these transactions were tax-withholding events using the respective closing stock prices on March 4 and March 5, 2026, not discretionary market sales.

How do the Crexendo (CXDO) CFO’s RSUs vest according to this Form 4?

The 70,000 RSUs granted on March 4, 2026 vest in equal monthly installments over 36 months, with shares delivered upon vesting. Other RSU awards referenced in the footnotes vest in equal quarterly installments over 12 quarters starting on specified June dates, subject to continuous employment.