STOCK TITAN

Crexendo (CXDO) CRO sells 30,000 shares under Rule 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Crexendo, Inc.’s Chief Revenue Officer Jon Brinton reported selling a total of 30,000 shares of Common Stock in open-market transactions. The sales were executed under a pre-arranged Rule 10b5-1(c) trading plan entered into on March 8, 2024.

One block of 20,000 shares was sold at a weighted average price of $10.6928 per share, and another 10,000-share block was sold at a weighted average price of $9.9861 per share. Footnotes note that each block consisted of multiple trades within disclosed price ranges.

Positive

  • None.

Negative

  • None.
Insider Brinton Jon
Role Chief Revenue Officer
Sold 30,000 shs ($314K)
Type Security Shares Price Value
Sale Common Stock 10,000 $9.9861 $100K
Sale Common Stock 20,000 $10.6928 $214K
Holdings After Transaction: Common Stock — 89,795 shares (Direct, null)
Footnotes (1)
  1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 8, 2024, at which time Mr. Brinton was not aware of material nonpublic information. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.9801 to $9.9901. Details can be provided upon request. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.2701 to $11.0762. Details can be provided upon request.
Shares sold 30,000 shares Net open-market sales reported for Chief Revenue Officer
Average sale price (20,000 shares) $10.6928 per share Weighted average for first 20,000-share sale block
Average sale price (10,000 shares) $9.9861 per share Weighted average for second 10,000-share sale block
Lower price range $9.9801–$9.9901 Range for trades underlying one weighted average price
Higher price range $10.2701–$11.0762 Range for trades underlying the other weighted average
Rule 10b5-1(c) regulatory
"This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 8, 2024"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale", "transaction_code_description": "Sale in open market or private transaction""
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.
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SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brinton Jon

(Last)(First)(Middle)
1225 W WASHINGTON ST
STE 213

(Street)
TEMPE ARIZONA 85288

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026S(1)10,000D$9.9861(2)89,795D
Common Stock06/01/2026S(1)20,000D$10.6928(3)69,795D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 8, 2024, at which time Mr. Brinton was not aware of material nonpublic information.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.9801 to $9.9901. Details can be provided upon request.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.2701 to $11.0762. Details can be provided upon request.
/s/Jon Brinton06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Crexendo (CXDO) report for its Chief Revenue Officer?

Crexendo reported that Chief Revenue Officer Jon Brinton sold 30,000 shares of Common Stock in open-market transactions. The filing shows two sales blocks of 20,000 and 10,000 shares, each at a weighted average price with detailed price ranges available upon request.

At what prices did Jon Brinton sell Crexendo (CXDO) shares in this Form 4?

Jon Brinton sold 20,000 Crexendo shares at a weighted average price of $10.6928 and 10,000 shares at $9.9861. Footnotes explain these were multiple trades within ranges from $9.9801 to $11.0762, with full breakdowns available from the broker upon request.

Was the Crexendo (CXDO) insider sale by Jon Brinton under a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was made pursuant to a Rule 10b5-1(c) trading plan entered on March 8, 2024. The footnote adds that Mr. Brinton was not aware of material nonpublic information at the time the trading plan was established.

How many Crexendo (CXDO) shares were sold in total in this Form 4?

The filing reports total net sales of 30,000 Crexendo Common Stock shares. This consists of one transaction for 20,000 shares and another for 10,000 shares, both characterized as open-market sales according to the transaction code and description in the Form 4 data.

What type of transactions are reported in this Crexendo (CXDO) Form 4 for Jon Brinton?

All reported transactions are non-derivative open-market sales of Crexendo Common Stock, coded as “S” in the Form 4. The filing shows no derivative exercises, gifts, or tax-withholding entries, and derivative positions are not listed in the derivative summary section.