Douglas Walter Gaylor - 04 Dec 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role: Chief Operating Officer
Signature: /s/Douglas Walter Gaylor
Issuer symbol: CXDO
Transactions as of: 04 Dec 2025
Net transactions value: -$16,749
Form type: 4
Filing time: 08 Dec 2025, 17:30:18 UTC
Previous filing: 26 Nov 2025
Next filing: 29 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Gaylor Douglas Walter	Chief Operating Officer	1225 W WASHINGTON ST, STE 213, TEMPE	/s/Douglas Walter Gaylor	08 Dec 2025	0001550317

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CXDO	Common Stock	Options Exercise	$0	+5,000	+2.1%	$0.000000	248,538	04 Dec 2025	Direct	F1
transaction	CXDO	Common Stock	Tax liability	$9,179	-1,368	-0.55%	$6.71	247,170	04 Dec 2025	Direct	F2
transaction	CXDO	Common Stock	Options Exercise	$0	+4,166	+1.7%	$0.000000	251,336	05 Dec 2025	Direct	F1
transaction	CXDO	Common Stock	Tax liability	$7,570	-1,140	-0.45%	$6.64	250,196	05 Dec 2025	Direct	F4

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	Restricted Stock Units	Options Exercise	$0	-5,000	-10%	$0.000000	45,000	04 Dec 2025	Common Stock	5,000	$0.000000	Direct	F1, F3
transaction	CXDO	Restricted Stock Units	Options Exercise	$0	-4,166	-17%	$0.000000	20,834	05 Dec 2025	Common Stock	4,166	$0.000000	Direct	F1, F5

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

Explanation of Responses:

Id	Content
F1	Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F2	The Company withheld 1,368 shares of common stock for payment of the associated payroll taxes, using the closing stock price on December 4, 2025 of $6.71. This transaction does not represent a sale by the reporting person.
F3	The RSUs will vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F4	The Company withheld 1,140 shares of common stock for payment of the associated payroll taxes, using the closing stock price on December 5, 2025 of $6.64. This transaction does not represent a sale by the reporting person.
F5	The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.