Crexendo CRO vests 9,166 RSUs; shares withheld

Crexendo’s Chief Revenue Officer reported RSU vesting into common stock with shares withheld at $6.01 to cover payroll taxes, and no open-market sales.

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) reported that Chief Revenue Officer Jon Brinton had multiple Restricted Stock Units (RSUs) vest and convert into common stock on September 4 and 5, 2026. A total of 9,166 RSUs were exercised at a conversion price of $0.00 per share, with each RSU delivering one share of common stock contingent on continued employment.

To cover associated payroll tax liabilities, the company withheld 2,416 shares of common stock at a closing stock price of $6.01 on the relevant dates; the filing states these withholding transactions do not represent sales by Brinton. No Rule 10b5-1 trading plan is reported, and the RSUs vest in equal quarterly installments over 12 quarters beginning June 5, 2024, June 4, 2025, and June 4, 2026, subject to continuous employment.

Insider Trade Summary

9,166 shares exercised/converted

Exercise 9 txns

Insider Brinton Jon

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F7	2,916	$0.00	$0.00
Exercise	Common Stock F1	2,916	$0.00	$0.00
Tax Withholding	Common Stock F4	769	$6.01	$5K
Exercise	Restricted Stock Units F1, F5	2,917	$0.00	$0.00
Exercise	Restricted Stock Units F1, F6	3,333	$0.00	$0.00
Exercise	Common Stock F1	2,917	$0.00	$0.00
Tax Withholding	Common Stock F2	769	$6.01	$5K
Exercise	Common Stock F1	3,333	$0.00	$0.00
Tax Withholding	Common Stock F3	878	$6.01	$5K

Holdings After Transaction: Restricted Stock Units — 56,668 contracts (Direct); Common Stock — 83,296 shares (Direct)

Footnotes (7)

1. F1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
2. F2. The Company withheld 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
3. F3. The Company withheld 878 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
4. F4. The Company withheld 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
5. F5. The RSUs 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.
6. F6. The RSUs 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.
7. F7. 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.

Key Figures

RSUs exercised September 4, 2026: 2,917 RSUs Additional RSUs exercised September 4, 2026: 3,333 RSUs RSUs exercised September 5, 2026: 2,916 RSUs +4 more

7 metrics

RSUs exercised September 4, 2026 2,917 RSUs Restricted Stock Units converted into common stock on September 4, 2026

Additional RSUs exercised September 4, 2026 3,333 RSUs Restricted Stock Units converted into common stock on September 4, 2026

RSUs exercised September 5, 2026 2,916 RSUs Restricted Stock Units converted into common stock on September 5, 2026

Total RSUs converted to common stock 9,166 shares Sum of RSUs vesting and converting on September 4 and 5, 2026

Shares withheld for payroll taxes 2,416 shares 769 + 878 shares withheld on September 4, 2026 and 769 shares on September 5, 2026

Closing stock price used for tax withholding $6.01 per share Closing stock price on September 4 and 5, 2026 used to determine shares withheld

Vesting duration 12 quarters RSUs vest in equal quarterly installments over 12 quarters for each grant

Key Terms

Restricted Stock Units, payroll taxes, closing stock price, quarterly installments, +1 more

5 terms

Restricted Stock Units financial

"Each RSU represents the right to receive, upon vesting, one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

payroll taxes financial

"withheld 769 shares of common stock for payment of the associated payroll taxes"

closing stock price financial

"using the closing stock price on September 4, 2026 of $6.01"

quarterly installments financial

"RSUs vest in equal quarterly installments over 12 quarters"

continuous employment financial

"until such time as the RSUs are 100% vested, subject to continuous employment"

FAQ

What did Crexendo (CXDO) disclose about Jon Brinton’s RSU activity on this Form 4?

Crexendo disclosed that Chief Revenue Officer Jon Brinton had 9,166 Restricted Stock Units vest and convert into common stock on September 4 and 5, 2026, at a $0.00 conversion price per share, with each RSU delivering one share contingent on continued employment.

How many CXDO shares were withheld for taxes in Jon Brinton’s September 2026 transactions?

The company withheld a total of 2,416 shares of Crexendo common stock for payroll taxes, consisting of 769 shares and 878 shares on September 4, 2026 and 769 shares on September 5, 2026, at a $6.01 closing stock price.

Did Jon Brinton sell any Crexendo (CXDO) shares in the open market in this Form 4?

The filing states the code F transactions were shares withheld by the company for payroll taxes using a $6.01 closing stock price and explicitly notes that these transactions do not represent a sale by Jon Brinton.

What are the vesting schedules for Jon Brinton’s Crexendo (CXDO) RSUs?

The RSUs vest in equal quarterly installments over 12 quarters, starting on June 5, 2024, June 4, 2025, and June 4, 2026, respectively, until 100% vested. Vesting is subject to continuous employment, and shares are delivered upon vesting.

What stock price was used to value the CXDO shares withheld for Jon Brinton’s payroll taxes?

Crexendo used a closing stock price of $6.01 per share on September 4, 2026 and September 5, 2026 to determine the number of common shares withheld for Jon Brinton’s associated payroll taxes.

Was a Rule 10b5-1 trading plan involved in Jon Brinton’s CXDO Form 4 transactions?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnotes describe the activity as RSU vesting and company share withholding for payroll taxes, not trades under a pre-arranged trading plan.

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Available on EDGAR 09/09/2026 - 07:46 PM Accepted by SEC EDGAR 09/09/2026 - 07:46 PM Learn about SEC filing dates

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^*

Brinton Jon

(Last) (First) (Middle)

1225 W WASHINGTON ST

SUITE 213

(Street)

TEMPE ARIZONA 85288

(City) (State) (Zip)

UNITED STATES

(Country)

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 Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

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

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

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

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	09/04/2026		M		2,917	A	$0(1)	79,463	D
Common Stock	09/04/2026		F(2)		769	D	$6.01	78,694	D
Common Stock	09/04/2026		M		3,333	A	$0(1)	82,027	D
Common Stock	09/04/2026		F(3)		878	D	$6.01	81,149	D
Common Stock	09/05/2026		M		2,916	A	$0(1)	84,065	D
Common Stock	09/05/2026		F(4)		769	D	$6.01	83,296	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)	09/04/2026		M			2,917	(5)	(5)	Common Stock	2,917	$0	17,500	D
Restricted Stock Units	$0(1)	09/04/2026		M			3,333	(6)	(6)	Common Stock	3,333	$0	33,334	D
Restricted Stock Units	$0(1)	09/05/2026		M			2,916	(7)	(7)	Common Stock	2,916	$0	5,834	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 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

3. The Company withheld 878 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

4. The Company withheld 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2026 of $6.01. This transaction does not represent a sale by the reporting person.

5. The RSUs 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.

6. The RSUs 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.

7. 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.

	/s/Jon Brinton	09/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)