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

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.

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

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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 AZ 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)
			Code	V	Amount	(A) or (D)	Price
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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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
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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.