[Form 4] Nicholas Financial Inc Insider Trading Activity

Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) – Form 4 insider transaction

CEO Jeffrey G. Korn reported three open-market sales of the company’s common stock executed under a pre-arranged Rule 10b5-1 trading plan adopted on 9 Dec 2024. The trades occurred on 2 Jul 2025 (2,800 shares at $6.5355), 3 Jul 2025 (3,000 shares at $6.5101) and 7 Jul 2025 (1,000 shares at $6.5001), for a total disposition of 6,800 shares.

After the transactions, Korn’s direct beneficial ownership declined from 251,786 to 244,986 shares. No derivative security activity was reported.

The filing indicates: (1) sales were executed pursuant to a 10b5-1 plan, reducing concerns about information asymmetry; (2) the aggregate sale represents roughly 2.7% of the shares Korn continues to hold, suggesting the CEO maintains a substantial stake.

No other officers or directors were involved, and the form contains no financial performance data or company guidance.

Positive

• Sales executed under a disclosed Rule 10b5-1 plan, underscoring transparency and reducing potential information-asymmetry concerns.
• CEO retains 244,986 shares, indicating continued alignment with shareholder interests.

Negative

• Insider selling by the CEO can be perceived as a bearish signal even though the amount is relatively small.

Insights

Financial Analyst

TL;DR: CEO sold 6,800 CXDO shares (~2.7% stake) under 10b5-1; minor, neutral impact.

The disposition is modest relative to Korn’s remaining 244,986-share position and was executed under a disclosed 10b5-1 plan, limiting signaling risk. The volume is small versus CXDO’s daily trading volume, so market impact should be minimal. No new strategic or financial information is disclosed; therefore, I view the filing as routine with limited implication for valuation or outlook.

Corporate Governance Specialist

TL;DR: Pre-planned insider sale shows compliance; governance-neutral event.

Use of a Rule 10b5-1 plan indicates adherence to best practices, offering transparency and reducing litigation risk. The CEO retains a considerable ownership stake, maintaining alignment with shareholders. Given the modest size, I classify the governance impact as neutral. Investors may monitor future filings for pattern changes.

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^*

Radabaugh Mark R.

(Last) (First) (Middle)

1601 DODGE STREET

SUITE 3350

(Street)

OMAHA NE 68102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OLD MARKET CAPITAL Corp [ OMCC ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT/CEO OF AMPLEX

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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	07/02/2025		P		32	A	$5.75(1)	15,282	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:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.73 to $5.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.

	/s/ MARK R. RADABAUGH	07/07/2025
	** 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

How many CXDO shares did CEO Jeffrey Korn sell?

He sold 6,800 shares across three trades on 2, 3 and 7 July 2025.

At what prices were the CXDO shares sold?

Prices were $6.5355, $6.5101 and $6.5001 per share, respectively.

What is Jeffrey Korn’s remaining CXDO shareholding after the sale?

He now directly owns 244,986 CXDO shares.

Was the insider transaction under a Rule 10b5-1 plan?

Yes. The filing states the trades were executed under a plan adopted on 9 Dec 2024.

Does this Form 4 include any derivative security activity?

No. Table II shows no derivative transactions during the period.

Is the filing considered material for investors?

Given the modest size and pre-planned nature, most analysts view the impact as neutral.