Crexendo (CXDO) CFO logs RSU vesting and tax-related share withholding

Rhea-AI Filing Summary

Crexendo Chief Financial Officer Ron Vincent reported routine equity compensation activity. On January 25, 2026, 554 restricted stock units vested and were converted into an equal number of Crexendo common shares at an exercise price of $0 per share.

To cover payroll taxes, the company withheld 90 shares and 91 shares at a closing stock price of $7.45, and the footnotes state these withholdings do not represent sales by Vincent. Following these transactions, he beneficially owned 173,646 shares of Crexendo common stock directly.

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)
01/25/2026

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	01/25/2026		M		277	A	$0(1)	173,550	D
Common Stock	01/25/2026		F(2)		90	D	$7.45	173,460	D
Common Stock	01/25/2026		M		277	A	$0(1)	173,737	D
Common Stock	01/25/2026		F(4)		91	D	$7.45	173,646	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)	01/25/2026		M			277	(3)	(3)	Common Stock	277	$0	6,946	D
Restricted Stock Units	$0(1)	01/25/2026		M			277	(5)	(5)	Common Stock	277	$0	8,890	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 90 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person.

3. The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

4. The Company withheld 91 shares of common stock for payment of the associated payroll taxes, using the closing stock price on January 25, 2026 of $7.45. This transaction does not represent a sale by the reporting person.

5. The RSUs vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

	/s/Ron Vincent	01/27/2026
	** 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).
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FAQ

What insider transaction did Crexendo (CXDO) report for its CFO?

Crexendo’s CFO Ron Vincent reported RSU vesting that converted 554 restricted stock units into common shares. These equity awards are part of his compensation, contingent on continued employment, and increase his direct ownership position in Crexendo stock over time.

Did the Crexendo (CXDO) CFO sell any shares in this Form 4 filing?

The filing states there were no open-market sales by the CFO. Shares were only withheld by the company, totaling 181 shares, to pay associated payroll taxes, and the footnotes clarify these withholding transactions do not represent sales by the reporting person.

How many Crexendo (CXDO) shares does the CFO own after this Form 4?

After the reported RSU conversions and tax withholdings, CFO Ron Vincent beneficially owns 173,646 shares of Crexendo common stock directly. This updated figure reflects his post-transaction holding as disclosed in the non-derivative securities table of the Form 4.

What price was used for Crexendo (CXDO) shares withheld for taxes?

The company used a Crexendo closing stock price of $7.45 on January 25, 2026 to withhold 90 and 91 shares for payroll taxes. This price is specified in the footnotes explaining the nature and valuation of the tax-withholding transactions.

How do the Crexendo (CXDO) RSUs held by the CFO vest over time?

The RSUs vest in equal monthly installments over 36 months, starting March 25, 2025 for one grant and October 25, 2025 for another. Vesting continues only while employment is continuous, and one Crexendo common share is delivered for each RSU upon vesting.

What do the transaction codes M and F mean in the Crexendo (CXDO) Form 4?

Code M reflects the conversion of restricted stock units into common stock upon vesting. Code F reflects shares withheld by the company to pay payroll taxes. The footnotes confirm that F-coded transactions are not market sales by the reporting person.