Welcome to our dedicated page for Crexendo SEC filings (Ticker: CXDO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. (CXDO) – Form 4 filing dated 27 June 2025 reports routine equity movements by Chief Operating Officer Douglas Walter Gaylor.
- Derivative exercise: On 25 June 2025 the COO converted 277 Restricted Stock Units (RSUs) into an equal number of common shares (Transaction Code M). Exercise price was $0 because RSUs convert without cash consideration.
- Tax withholding: To cover payroll taxes, the company retained 76 of those newly issued shares at the 25 June closing price of $5.75 (Transaction Code F). This action is classified as a disposition but does not reflect an open-market sale.
- Net result: Gaylor’s direct ownership rose by 201 shares, from 237,269 to 237,470 shares of Crexendo common stock.
- Remaining incentives: After the conversion, Gaylor still holds 8,890 unvested RSUs. According to the filing, these RSUs vest in equal monthly installments over 36 months beginning 25 March 2025, contingent on continuous employment.
No cash proceeds were realized by the insider; the filing reflects ordinary-course equity compensation vesting. Transaction size (≈0.1% of current holdings and an immaterial fraction of CXDO’s 24 million-share float) suggests minimal market impact.
On June 25, 2025, Crexendo, Inc. (ticker CXDO) filed a Form 4 reporting two insider transactions by Chief Executive Officer Jeffrey G. Korn.
- RSU Vesting (Code M): 277 restricted stock units converted into an equal number of common shares at no cost, increasing Korn’s direct ownership to 251,854 shares.
- Tax Withholding (Code F): The company retained 68 shares, valued at the June 25 closing price of $5.75, to satisfy payroll taxes. This was not an open-market sale.
After the net 209-share increase, Korn directly owns 251,786 shares and continues to hold 8,890 unvested RSUs that vest monthly over 36 months, beginning March 25, 2025, contingent on continued employment.
No cash changed hands, and the activity reflects routine equity-compensation mechanics rather than discretionary market purchases. While the additional ownership marginally aligns executive and shareholder interests, the share count involved is immaterial relative to Crexendo’s public float, suggesting limited market impact.