Crexendo (CXDO) CFO logs RSU vesting and tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
554 shares exercised/converted
Mixed
6 txns
Insider
Vincent Ron
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 277 | $0.00 | -- |
| Exercise | Restricted Stock Units | 277 | $0.00 | -- |
| Exercise | Common Stock | 277 | $0.00 | -- |
| Tax Withholding | Common Stock | 90 | $7.45 | $670.50 |
| Exercise | Common Stock | 277 | $0.00 | -- |
| Tax Withholding | Common Stock | 91 | $7.45 | $677.95 |
Holdings After Transaction:
Restricted Stock Units — 6,946 shares (Direct);
Common Stock — 173,550 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 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. 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. 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. 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.
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.
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.