Crexendo (CXDO) CTO sells 25,000 shares of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crexendo, Inc. Chief Technology Officer David Tzat-kin Wang reported an open-market sale of 25,000 shares of Crexendo common stock at a price of $10.01 per share. After this transaction, he directly holds 604,949 shares of Crexendo common stock, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($250,250)
Net Sell
1 txn
Insider
Wang David Tzat-kin
Role
Chief Technology Officer
Sold
25,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $10.01 | $250K |
Holdings After Transaction:
Common Stock — 604,949 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 25,000 shares
Sale price: $10.01 per share
Shares held after transaction: 604,949 shares
+1 more
4 metrics
Shares sold
25,000 shares
Open-market sale of Crexendo common stock
Sale price
$10.01 per share
Price for the 25,000 shares sold
Shares held after transaction
604,949 shares
Direct ownership after the sale
Net share change
25,000 shares sold
netBuySellShares from transaction summary
Key Terms
open-market sale, Common Stock, non-derivative, transaction code "S"
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
""transaction_type": "non-derivative""
transaction code "S" regulatory
""transaction_code": "S""
FAQ
What insider transaction did Crexendo (CXDO) report for David Tzat-kin Wang?
Crexendo reported that Chief Technology Officer David Tzat-kin Wang completed an open-market sale of 25,000 shares of the company’s common stock. The transaction involved non-derivative common shares and was disclosed in a Form 4 insider trading report filed with regulators.
Was the Crexendo (CXDO) CTO’s transaction a buy or a sell?
The transaction was a sell. The Form 4 lists transaction code “S” and describes the action as an open-market sale, with 25,000 shares of Crexendo common stock sold and no derivative exercises or acquisitions reported in the provided transaction summary.
Did the Crexendo (CXDO) Form 4 include any derivative security exercises?
No derivative security exercises were included in this Form 4. The filing shows only a non-derivative transaction in common stock, with zero derivative transactions and zero exercise shares reported in the transaction summary and derivativeSummary fields.