Crexendo CRO sells 30,000 shares in planned trade
Crexendo, Inc.’s Chief Revenue Officer Jon Brinton reported selling a total of 30,000 shares of Common Stock in open-market transactions.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $9.9861 | $100K |
| Sale | Common Stock | 20,000 | $10.6928 | $214K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
Rule 10b5-1(c) regulatory
weighted average price financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Crexendo (CXDO) report for its Chief Revenue Officer?
Was the Crexendo (CXDO) insider sale by Jon Brinton under a Rule 10b5-1 plan?
What type of transactions are reported in this Crexendo (CXDO) Form 4 for Jon Brinton?
AI-generated analysis. How Rhea-AI works. Not financial advice.