Crexendo, Inc. filings document the formal disclosure record for its cloud communications and UCaaS software business. Recent Form 8-K reports include financial results furnished with service, software solutions and product revenue categories, operating expense metrics, net income, EBITDA and adjusted EBITDA measures.
The filing record also covers material corporate events and governance matters, including the completed acquisition of Estech Systems, LLC, a credit agreement with revolving and term-loan facilities, annual meeting voting results, director elections, advisory compensation votes, and Regulation FD investor-presentation disclosures. These filings describe Crexendo's financing arrangements, capital actions, shareholder approvals, governance structure and operating performance as a public software technology company.
Crexendo, Inc. reported the results of its annual stockholder meeting held on December 2, 2025. Stockholders elected Kevin Jackson, Todd A. Goergen, Jeffrey G. Korn, Steven G. Mihaylo, and David Williams as Class I directors for two-year terms ending at the 2027 annual meeting, and elected Chris McKee as a Class II director for a one-year term ending at the 2026 annual meeting. All director nominees received strong majority support, with votes for each ranging from about 24.5 million to 26.4 million.
Stockholders also gave advisory approval to the compensation of the named executive officers, with 23,845,465 votes for, 2,219,983 against, and 577,812 abstentions. In a separate advisory vote on the frequency of future say-on-pay votes, stockholders favored holding the advisory vote every three years, with 19,736,327 votes for that option. Finally, stockholders approved the appointment of Urish Popeck & Co., LLC as Crexendo’s independent registered public accounting firm for the year ending December 31, 2025, with 26,625,080 votes for, 414,945 against, and 13,100 abstentions.
Crexendo, Inc. (CXDO) Chief Financial Officer reported routine equity compensation activity involving restricted stock units (RSUs). On November 25, 2025, 278 shares of common stock were delivered upon vesting of RSUs, and the company withheld 77 shares at a price of $6.96 per share to cover payroll taxes. A second block of 278 shares was delivered the same day from another RSU grant, with 76 shares withheld at $6.96 for taxes. The reporting person held 166,212 shares of common stock directly after these transactions, along with 7,501 and 9,445 RSUs that continue to vest in equal monthly installments over 36 months starting on March 25, 2025 and October 25, 2025, respectively, subject to continued employment.
Crexendo, Inc. (CXDO) CEO equity update: The Chief Executive Officer reported multiple transactions on 11/25/2025 involving restricted stock units (RSUs) and related common stock. RSU awards converted into common stock in blocks of 278 shares at an exercise price of $0, reflecting vesting of previously granted RSUs. To cover payroll taxes, the company withheld 68 shares of common stock at a closing stock price of $6.96, which is stated as not representing a sale by the reporting person. Following these transactions, the CEO beneficially owned 230,818 shares of Crexendo common stock directly. The RSUs underlying these transactions vest in equal monthly installments over 36 months from March 25, 2025 and October 25, 2025, contingent on continued employment, with shares delivered upon vesting.
Crexendo, Inc. (CXDO) Chief Operating Officer Douglas Walter Gaylor reported routine equity compensation activity. On November 25, 2025, 278 restricted stock units (RSUs) converted into common stock at an exercise price of $0, and the company withheld 77 shares of common stock at $6.96 per share to cover payroll taxes. A second block of 278 RSUs converted the same day, with 76 shares withheld at $6.96 for taxes.
Following these transactions, Gaylor beneficially owned 243,538 shares of Crexendo common stock directly. He also held 7,501 RSUs that vest in equal monthly installments over 36 months starting on March 25, 2025, and 9,445 RSUs that vest in equal monthly installments over 36 months starting on October 25, 2025, in each case contingent on continued employment, with shares delivered as they vest.
Crexendo, Inc. (CXDO) filed a Form 4 reporting stock sales by its Chief Financial Officer. On 11/11/2025, CFO Ron Vincent sold 5,000 shares of Crexendo common stock at $7.2501 per share and another 5,000 shares at $7.501 per share. After these transactions, he beneficially owned 165,809 shares of Crexendo common stock in direct ownership form. The filing notes that these sales were made under a pre-arranged trading plan intended to comply with Rule 10b5-1(c), which was entered into on December 9, 2024.
Crexendo, Inc. (CXDO) CEO Jeffery G. Korn reported a stock sale under a pre-arranged Rule 10b5-1 trading plan. On 11/11/2025, he sold 10,000 shares of Crexendo common stock at an average price of $7.2501 per share. After this transaction, he beneficially owns 230,398 shares directly.
The filing notes that the sale was made pursuant to a trading plan entered on December 9, 2024, when Mr. Korn was not aware of material nonpublic information. Rule 10b5-1 plans allow insiders to schedule trades in advance to help separate their personal trading from day-to-day company news.
Crexendo (CXDO) Chief Operating Officer Douglas Walter Gaylor reported insider transactions on a Form 4. He sold 4,000 shares at $7.501 on 11/11/2025 and 6,000 shares at $7.51 on 11/12/2025 under a Rule 10b5-1(c) trading plan entered on December 11, 2024. On 11/13/2025, he exercised 10,000 stock options at an exercise price of $2.25.
Following these transactions, Gaylor beneficially owned 243,135 shares directly and held 12,000 derivative securities (stock options) remaining. The reported options vested over 36 equal monthly installments beginning on 3/12/2019.
Crexendo (CXDO) Form 4: Chief Operating Officer Douglas Walter Gaylor exercised 10,000 stock options at $2.25 and sold 10,000 common shares at a weighted average price of $7.174. Following these transactions, he directly beneficially owned 243,135 common shares and held 22,000 derivative securities (options) after the exercise.
The sale was made under a Rule 10b5-1(c) trading plan entered on December 11, 2024. The options exercised relate to grants that vested over 36 equal monthly installments beginning on March 12, 2019, and carry a stated expiration of February 12, 2026.
Crexendo, Inc. furnished an investor presentation under Regulation FD. The company posted the presentation to its website and attached it as Exhibit 99.1, dated November 7, 2025.
The information in this report, including the exhibit, is being furnished and not deemed filed under the Exchange Act, and is not incorporated by reference into other filings. This 8-K provides broad, public access to the same materials shared with investors.
Crexendo (CXDO) Chief Executive Officer Jeffery G. Korn reported an open‑market sale of 10,000 shares of common stock on November 5, 2025 at an average price of $7.1401 per share.
Following this transaction, Korn beneficially owns 240,398 shares, shown as Direct ownership. The filing notes the sale was made pursuant to a plan intended to comply with Rule 10b5‑1(c), which was entered on December 9, 2024.