Crexendo CFO sells 90,000 shares after exercising options
Crexendo, Inc. Chief Financial Officer Vincent Ron exercised stock options and sold shares of common stock.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. Chief Financial Officer Vincent Ron exercised stock options and sold shares of common stock. He exercised options for a total of 90,000 shares at exercise prices of $5.78 and $6.63 per share, then conducted open-market sales totaling 90,000 shares at weighted average prices around $10.01–$10.06 per share. After these transactions, he directly holds 117,490 shares of Crexendo common stock.
Insider Trade Summary
Exercise and Sale: 90,000 shares ($340K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Vincent Ron
Role
Chief Financial Officer
Sold
90,000 shs ($903K)
Approx. gross sale proceeds
$903K
Approx. exercise cost
$563K
Approx. pre-tax spread
$340K
Share of Position Sold
43.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 50,000 | $6.63 | $332K |
| Exercise | Stock Options | 40,000 | $5.78 | $231K |
| Exercise | Common Stock | 50,000 | $6.63 | $332K |
| Sale | Common Stock | 50,000 | $10.0086 | $500K |
| Exercise | Common Stock | 40,000 | $5.78 | $231K |
| Sale | Common Stock | 40,000 | $10.06 | $402K |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Common Stock — 117,490 shares (Direct)
Holdings Before and After:
Stock Options, 90,000 to 0 contracts (Direct);
Common Stock, 117,490 to 117,490 shares (Direct)
Other Insiders: 5 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0301 to $10.0701. Details can be provided upon request.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0000 to $10.0410. Details can be provided upon request.
Key Figures
Shares sold: 90,000 shares
First sale block: 40,000 shares at $10.06
Second sale block: 50,000 shares at $10.0086
+4 more
7 metrics
Shares sold
90,000 shares
Total open-market sales of common stock
First sale block
40,000 shares at $10.06
Weighted average price, open-market sale
Second sale block
50,000 shares at $10.0086
Weighted average price, open-market sale
Options exercised (1)
40,000 shares at $5.78
Stock options converted to common stock
Options exercised (2)
50,000 shares at $6.63
Stock options converted to common stock
Exercises total
90,000 shares
Total shares from derivative exercises
Shares owned after
117,490 shares
Direct holdings following transactions
Key Terms
open-market sale, derivative exercise/conversion, Stock Options, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Stock Options financial
""security_title": "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Crexendo (CXDO) CFO Vincent Ron report on this Form 4?
Crexendo CFO Vincent Ron reported exercising stock options for 90,000 shares and selling 90,000 common shares. The sales were open-market transactions at weighted average prices around $10.01–$10.06 per share, leaving him with 117,490 shares held directly.
What stock options did the Crexendo (CXDO) CFO exercise in this filing?
The CFO exercised stock options covering 90,000 shares of Crexendo common stock. This included 40,000 options with a $5.78 exercise price and 50,000 options with a $6.63 exercise price, fully converting these option positions into common shares before the reported sales.
Were the Crexendo (CXDO) CFO’s sales reported as single trades or weighted averages?
The reported sale prices on the Form 4 are weighted average prices. Footnotes state that the 40,000 and 50,000-share sales were executed through multiple trades, with individual prices ranging from about $10.00 to slightly above $10.07 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
