Crexendo (CXDO) CSO sells 34,315 shares after RSU vesting, option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. Chief Strategy Officer Anand Buch reported a mix of equity compensation activity and stock sales. On March 4–5, 2026, he exercised a total of 6,251 Restricted Stock Units into common shares, with 2,555 shares withheld by the company to cover payroll taxes; the footnotes clarify these tax-withholding dispositions are not sales. He also received a grant of 10,000 ISO stock options at an exercise price of $6.47 per share, vesting monthly through 2036. On March 10, 2026, Buch made open-market sales of 34,315 shares of common stock at prices of about $6.88 and $7.01 per share. After these transactions, he directly holds 535,498 shares of Crexendo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,315 shares ($238,032)
Net Sell
9 txns
Insider
Buch Anand
Role
Chief Strategy Officer
Sold
34,315 shs ($238K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $6.8842 | $138K |
| Sale | Common Stock | 14,315 | $7.01 | $100K |
| Exercise | Restricted Stock Units | 4,167 | $0.00 | -- |
| Exercise | Common Stock | 4,167 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,686 | $6.88 | $12K |
| Exercise | Restricted Stock Units | 2,084 | $0.00 | -- |
| Grant/Award | ISO Stock Options | 10,000 | $6.47 | $65K |
| Exercise | Common Stock | 2,084 | $0.00 | -- |
| Tax Withholding | Common Stock | 869 | $6.47 | $6K |
Holdings After Transaction:
Common Stock — 549,813 shares (Direct);
Restricted Stock Units — 16,667 shares (Direct);
ISO Stock Options — 10,000 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 869 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 1,686 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 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 stock options vest over 36 equal monthly installments beginning on 4/4/2026.
FAQ
What insider transactions did Crexendo (CXDO) executive Anand Buch report?
Anand Buch reported RSU vesting, a stock option grant, and open-market sales. He exercised 6,251 RSUs, received 10,000 ISO options at $6.47, and sold 34,315 Crexendo shares, while remaining a large direct shareholder.
What equity awards did Anand Buch receive from Crexendo (CXDO)?
Anand Buch received 10,000 ISO stock options with a $6.47 exercise price and vesting over 36 monthly installments starting April 4, 2026. He also saw RSUs convert into 6,251 common shares as part of previously granted awards that vest quarterly.
How do Anand Buch’s Crexendo (CXDO) RSUs vest over time?
Buch’s RSUs vest in equal quarterly installments over 12 quarters. One RSU grant began vesting June 5, 2024 and another June 4, 2025, with shares delivered upon vesting as long as his employment with Crexendo continues.