Steven G. Mihaylo - 14 Jan 2026 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Director, 10%+ Owner
Signature: /s/Steven G Mihaylo
Issuer symbol: CXDO
Transactions as of: 14 Jan 2026
Net transactions value: -$30,171
Form type: 4
Filing time: 14 Jan 2026, 19:57:49 UTC
Previous filing: 07 Mar 2025
Next filing: 06 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MIHAYLO STEVEN G	Director, 10%+ Owner	1225 W WASHINGTON ST, STE 213, TEMPE	/s/Steven G Mihaylo	14 Jan 2026	0000902111

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Options Exercise	$30,168	+13,408	+0.12%	$2.25	11,310,973	14 Jan 2026	Direct
transaction	CXDO	Common Stock	Tax liability	$30,171	-4,208	-0.04%	$7.17	11,306,765	14 Jan 2026	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CXDO	ISO Stock Options	Options Exercise	$30,168	-13,408	-100%	$2.25	0	14 Jan 2026	Common Stock	13,408	$2.25	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a "net exercise" of outstanding stock options. The reporting person received 9,200 shares of common stock on net exercise of option to purchase 13,408 shares of common stock. The Company withheld 4,208 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on January 14, 2025 of $7.17, This transaction does not represent a sale by the reporting person.

Content

Represents a "net exercise" of outstanding stock options. The reporting person received 9,200 shares of common stock on net exercise of option to purchase 13,408 shares of common stock. The Company withheld 4,208 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on January 14, 2025 of $7.17, This transaction does not represent a sale by the reporting person.