Crexendo (CXDO) CSO sells 34,315 shares after RSU vesting, option grant

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.

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

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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^*

Buch Anand

(Last) (First) (Middle)

8910 UNIVERSITY CENTER LANE

STE 400

(Street)

SAN DIEGO CA 92122

(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 Strategy 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		2,084	A	$0(1)	568,201	D
Common Stock	03/04/2026		F(2)		869	D	$6.47	567,332	D
Common Stock	03/05/2026		M		4,167	A	$0(1)	571,499	D
Common Stock	03/05/2026		F(4)		1,686	D	$6.88	569,813	D
Common Stock	03/10/2026		S		20,000	D	$6.8842	549,813	D
Common Stock	03/10/2026		S		14,315	D	$7.01	535,498	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			2,084	(3)	(3)	Common Stock	2,084	$0	16,667	D
Restricted Stock Units	$0(1)	03/05/2026		M			4,167	(5)	(5)	Common Stock	4,167	$0	16,667	D
ISO Stock Options	$6.47	03/04/2026		A		10,000		(6)	03/04/2036	Common Stock	10,000	$6.47	10,000	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 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.

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 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.

5. 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.

6. The stock options vest over 36 equal monthly installments beginning on 4/4/2026.

	/s/ Anand Buch	03/10/2026
	** 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).
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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.

How many Crexendo (CXDO) shares did Anand Buch sell and at what prices?

Anand Buch sold 34,315 shares of Crexendo common stock in open-market transactions. He sold 20,000 shares at $6.8842 per share and 14,315 shares at $7.01 per share, according to the reported Form 4 transactions dated March 10, 2026.

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 many Crexendo (CXDO) shares does Anand Buch hold after these transactions?

Following the reported March 2026 transactions, Anand Buch directly holds 535,498 shares of Crexendo common stock. This figure reflects his position after RSU conversions, tax-withholding share transfers, and the open-market sale of 34,315 shares.

Were any of Anand Buch’s Crexendo (CXDO) share movements tax-related rather than true sales?

Yes. The company withheld 869 shares on March 4, 2026 and 1,686 shares on March 5, 2026 to cover payroll taxes tied to RSU vesting. Footnotes state these tax-withholding dispositions do not represent sales by Anand Buch.

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.