Crexendo (CXDO) strategy chief sells 88,000 shares, retains large stake

Rhea-AI Filing Summary

Crexendo, Inc. Chief Strategy Officer Anand Buch reported open-market sales of the company’s common stock. On March 11 and March 13, 2026, he sold a total of 88,000 shares in three open-market transactions at prices between $6.35 and $6.735 per share.

Following these sales, Buch directly owns 447,498 shares of Crexendo common stock, indicating he retains a substantial equity position even after the dispositions.

Insights

Equity analyst

Crexendo’s strategy chief executed moderate open-market share sales but retains a sizable direct stake.

Anand Buch, Chief Strategy Officer of Crexendo, Inc., disclosed three open-market sales totaling 88,000 common shares at prices from $6.35 to $6.735 per share. All transactions are coded “S,” indicating standard open-market or private sales of non-derivative common stock.

After these transactions, Buch directly holds 447,498 shares of Crexendo common stock. The filing shows no accompanying option exercises or derivative activity, and the remaining direct ownership position is notably larger than the number of shares sold in this set of trades.

For investors evaluating insider behavior, this pattern reflects net selling activity but with a substantial continuing stake. The filing does not reference trading plans or derivatives, so future company disclosures would provide additional context for any further changes in Buch’s holdings.

SEC Form 4

FORM 4

UNITED 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^*

Buch Anand

(Last) (First) (Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		S		40,000	D	$6.735	495,498	D
Common Stock	03/13/2026		S		28,000	D	$6.35	467,498	D
Common Stock	03/13/2026		S		20,000	D	$6.6	447,498	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Anand Buch	03/13/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Crexendo (CXDO) report for Anand Buch?

Crexendo reported that Chief Strategy Officer Anand Buch sold a total of 88,000 shares of common stock in three open-market transactions, then directly held 447,498 shares. All reported trades involved non-derivative common stock and were coded as open-market or private sales.

On what dates did Anand Buch sell Crexendo (CXDO) shares and at what prices?

Anand Buch sold Crexendo common stock on March 11 and March 13, 2026. The reported sale prices ranged from $6.35 to $6.735 per share, reflecting three separate open-market transactions over those two trading days as disclosed in the Form 4.

How many Crexendo (CXDO) shares did Anand Buch sell in this Form 4 filing?

The Form 4 shows that Anand Buch sold a total of 88,000 Crexendo common shares. The transactions consisted of 40,000 shares on March 11, 2026, followed by 28,000 and 20,000 shares in two separate trades on March 13, 2026.

How many Crexendo (CXDO) shares does Anand Buch own after these sales?

After the reported transactions, Anand Buch directly owns 447,498 shares of Crexendo common stock. This post-transaction holding, disclosed in the Form 4, is significantly larger than the 88,000 shares sold in the three open-market transactions described in the filing.

Were Anand Buch’s Crexendo (CXDO) transactions option exercises or simple stock sales?

The transactions were simple stock sales of non-derivative common shares, all coded “S” for sales in open-market or private transactions. The filing lists no option exercises, conversions, or other derivative activities associated with these trades and shows an empty derivative position summary.

Does Anand Buch’s Form 4 indicate use of a trading plan for Crexendo (CXDO) shares?

The provided Form 4 data does not include any footnote language referencing a Rule 10b5-1 trading plan or other pre-arranged trading arrangement. The sales are reported simply as open-market transactions in Crexendo common stock made directly by Anand Buch.