Crexendo CFO Ron Vincent Granted 10,000 RSUs; Tax Withholding of 76 Shares

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) Chief Financial Officer Ron Vincent reported equity award and related share withholding on September 25, 2025. The filing shows the grant of 10,000 restricted stock units (RSUs) that vest monthly over 36 months and represent the right to one share each upon vesting. The company also recorded a 277-share issuance and a withholding of 76 shares to cover payroll taxes at a closing price of $6.50. Following the reported transactions, Mr. Vincent beneficially owned 190,482 shares of common stock (direct) and held 10,000 RSUs plus other RSUs totaling 8,057 shares subject to vesting.

Positive

• 10,000 RSU grant aligns the CFO’s compensation with long-term shareholder value through a 36-month vesting schedule
• Increased direct beneficial ownership to 190,482 shares, reinforcing executive ownership stake in the company

Negative

• 76 shares withheld to satisfy payroll taxes (disposition recorded), reducing immediate share count

Insights

Corporate Compensation Analyst

TL;DR: CFO received standard long-term incentive RSUs, aligning compensation with shareholder value over a 36-month vesting period.

The grant of 10,000 RSUs awards long-term, time-based equity compensation that vests in equal monthly installments over 36 months, which is common for executive retention and alignment. The filing also shows routine payroll tax withholding of 76 shares using the closing price of $6.50; this is a tax settlement, not a market sale. The incremental direct beneficial ownership reported (190,482 shares) plus outstanding RSUs increases the executive's economic exposure to the company’s share performance over time.

Securities Compliance Specialist

TL;DR: Form 4 discloses routine equity compensation and a small tax-withholding disposition; compliance disclosure appears complete.

The Form 4 includes transaction codes consistent with issuance and tax withholding, and provides exercise/vesting schedules and the tax withholding price ($6.50). Dates and signature are provided, satisfying Section 16 reporting requirements. There is no indication in this filing of open-market sales or other unusual trading activity. All material items disclosed in the filing are clearly described.

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).

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)
09/25/2025

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	09/25/2025		M		277	A	$0(1)	190,482	D
Common Stock	09/25/2025		F(2)		76	D	$6.5	190,406	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)	09/25/2025		A		10,000		(3)	(3)	Common Stock	10,000	$0	10,000	D
Restricted Stock Units	$0(1)	09/25/2025		M			277	(4)	(4)	Common Stock	277	$0	8,057	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 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 25, 2025 of $6.50. This transaction does not represent a sale by the reporting person.

3. 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.

4. 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.

	/s/Ron Vincent	09/30/2025
	** 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.

FAQ

What did Crexendo CFO Ron Vincent report on Form 4 (CXDO)?

He reported the grant of 10,000 RSUs, the issuance of 277 shares, and the withholding of 76 shares for payroll taxes on 09/25/2025.

How do the RSUs awarded to Ron Vincent vest?

The RSUs vest in equal monthly installments over 36 months; one grant begins vesting on October 25, 2025 and another began vesting on March 25, 2025.

What price was used to calculate tax withholding on the Form 4?

The company used the closing stock price on September 25, 2025 of $6.50 to calculate withholding for 76 shares.

How many shares did Ron Vincent beneficially own after these transactions?

Following the reported transactions he beneficially owned 190,482 shares of common stock directly and held 10,000 RSUs plus other RSUs totaling 8,057 subject to vesting.

Does the Form 4 show any open-market sales by the reporting person?

No; the only disposition indicated was the withholding of 76 shares for payroll taxes, which the filer states did not represent a sale.