Crexendo (CXDO) CFO receives 10,000 RSUs vesting over 3 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. reported that its Chief Financial Officer, Ron Vincent, received a grant of 10,000 restricted stock units on February 4, 2026. Each RSU represents the right to receive one share of Crexendo common stock upon vesting, contingent on continued employment.
The RSUs vest in equal monthly installments over 36 months, starting on March 4, 2026, until they are fully vested. Following this grant, Vincent beneficially owns 10,000 derivative securities in the form of RSUs held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vincent Ron
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 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 RSUs vest in equal monthly installments over 36 months starting on March 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
FAQ
What did Crexendo (CXDO) disclose in this Form 4 for its CFO?
Crexendo disclosed a new equity grant to its CFO. Chief Financial Officer Ron Vincent received 10,000 restricted stock units, each convertible into one share of common stock upon vesting, as part of his compensation, contingent on his continued employment with the company.
How many RSUs were granted to Crexendo (CXDO) CFO Ron Vincent and when?
Ron Vincent was granted 10,000 restricted stock units. The award date was February 4, 2026, and it is reported as an acquisition of derivative securities with a per-unit price of $0, reflecting a compensatory equity grant rather than an open-market purchase.
What are the vesting terms of the new Crexendo (CXDO) RSU grant?
The RSUs vest monthly over three years. Vesting occurs in equal monthly installments over 36 months starting March 4, 2026, until 100% of the 10,000 units are vested, provided Ron Vincent maintains continuous employment. Shares are delivered upon each vesting date.
Does this Crexendo (CXDO) Form 4 show a stock sale by the CFO?
No, the filing reports an RSU grant, not a sale. The transaction code is “A” for an acquisition of 10,000 restricted stock units awarded as compensation. No disposition of common shares or derivative securities is reported in this filing.
How many derivative securities does the Crexendo (CXDO) CFO own after this grant?
Ron Vincent beneficially owns 10,000 derivative securities. Following the reported transaction, the Form 4 shows 10,000 restricted stock units held directly, which may convert into an equal number of Crexendo common shares as they vest over the 36‑month schedule.