Todd Andrew Goergen - 12 Sep 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Director
Signature
/s/Todd Goergen
Issuer symbol
CXDO
Transactions as of
12 Sep 2025
Net transactions value
$0
Form type
4
Filing time
06 Mar 2026, 13:22:23 UTC
Previous filing
07 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Goergen Todd Andrew Director 1225 W WASHINGTON ST, STE 213, TEMPE /s/Todd Goergen 06 Mar 2026 0001382293

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise +10,000 +4.4% $2.25* 238,676 12 Sep 2025 Direct
transaction CXDO Common Stock Tax liability -3,324 -1.4% $6.77* 235,352 12 Sep 2025 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 Non-qualified Stock options Options Exercise -10,000 -100% $2.25* 0 12 Sep 2025 Common Stock 10,000 $2.25 Direct
transaction CXDO Stock options Award +10,000 $6.47* 10,000 04 Mar 2026 Common Stock 10,000 $6.47 Direct F2
* 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 6,676 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 3,324 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on September 12, 2025 of $6.77, This transaction does not represent a sale by the reporting person.
F2 The stock options vest over 36 equal monthly installments beginning on 4/4/2026.