Crexendo director sells 1,656,317 shares
Crexendo, Inc. director and ten percent owner Steven G. Mihaylo reported open-market sales of a combined 1,656,317 shares of Common Stock.
Rhea-AI Filing Summary
Crexendo, Inc. director and ten percent owner Steven G. Mihaylo reported open-market sales of a combined 1,656,317 shares of Common Stock. The shares were sold at prices of $10.1808 and $10.4637 per share. Following these transactions, he continues to directly own 9,543,386 Crexendo shares, according to the filing.
Positive
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Negative
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Insights
Large but still partial open-market sale by a major Crexendo holder.
Director and ten percent owner Steven G. Mihaylo executed two open-market sales totaling 1,656,317 shares of Crexendo Common Stock at prices around $10.18–$10.46 per share. These are active disposition decisions rather than automatic tax or grant events.
After the sales, he still directly holds 10,057,738 shares as reported, indicating he retains a substantial equity position. The filing does not reference derivative positions or trading plans in the provided excerpt, so the transactions appear as straightforward sales without additional structural context.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,141,965 | $10.4637 | $11.95M |
| Sale | Common Stock | 514,352 | $10.1808 | $5.24M |
Key Figures
Key Terms
open-market sale financial
Common Stock financial
ten percent owner financial
non-derivative financial
FAQ
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What type of transactions are reported in this Crexendo (CXDO) Form 4 for Steven G. Mihaylo?
AI-generated analysis. How Rhea-AI works. Not financial advice.