G. KORN - 04 Dec 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Executive Officer
Signature
/s/ Jeffery G. Korn
Issuer symbol
CXDO
Transactions as of
04 Dec 2025
Transactions value $
-$16,260
Form type
4
Filing time
08 Dec 2025, 17:59:00 UTC
Previous filing
26 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KORN JEFFREY G Chief Executive Officer 1225 W WASHINGTON ST, STE 213, TEMPE /s/ Jeffery G. Korn 08 Dec 2025 0001282348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +5K +2.17% $0.00 236K 04 Dec 2025 Direct F1
transaction CXDO Common Stock Tax liability -$8.17K -1.22K -0.52% $6.71 235K 04 Dec 2025 Direct F2
transaction CXDO Common Stock Options Exercise $0 +5K +2.13% $0.00 240K 05 Dec 2025 Direct F1
transaction CXDO Common Stock Tax liability -$8.09K -1.22K -0.51% $6.64 238K 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 -5K -10% $0.00 45K 04 Dec 2025 Common Stock 5K $0.00 Direct F1, F3
transaction CXDO Restricted Stock Units Options Exercise $0 -5K -16.67% $0.00 25K 05 Dec 2025 Common Stock 5K $0.00 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 1,218 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 1,218 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.