Douglas Walter Gaylor - 11 Nov 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Signature
/s/Douglas Walter Gaylor
Issuer symbol
CXDO
Transactions as of
11 Nov 2025
Net transactions value
-$75,064
Form type
4
Filing time
13 Nov 2025, 16:49:27 UTC
Previous filing
12 Nov 2025
Next filing
26 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gaylor Douglas Walter Chief Operating Officer 1225 W WASHINGTON ST, SUITE 213, TEMPE /s/Douglas Walter Gaylor 13 Nov 2025 0001550317

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Sale $30,004 -4,000 -1.6% $7.50 239,135 11 Nov 2025 Direct F1
transaction CXDO Common Stock Sale $45,060 -6,000 -2.5% $7.51 233,135 12 Nov 2025 Direct F1
transaction CXDO Common Stock Options Exercise $22,500 +10,000 +4.3% $2.25 243,135 13 Nov 2025 Direct

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 Stock Options Options Exercise $22,500 -10,000 -45% $2.25 12,000 13 Nov 2025 Common Stock 10,000 $2.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 11, 2024, at which time Mr. Gaylor was not aware of material nonpublic information.
F2 The stock options vested over 36 equal monthly installments beginning on 3/12/2019.