Douglas Walter Gaylor - 04 Sep 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 Sep 2025
Net transactions value
+$1,609
Form type
4
Filing time
08 Sep 2025, 18:17:17 UTC
Previous filing
27 Aug 2025
Next filing
11 Sep 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 Sep 2025 0001550317

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $9,000 +4,000 +1.7% $2.25 241,872 04 Sep 2025 Direct
transaction CXDO Common Stock Options Exercise $0 +5,000 +2.1% $0.000000 246,872 04 Sep 2025 Direct F2
transaction CXDO Common Stock Tax liability $8,878 -1,368 -0.55% $6.49 245,504 04 Sep 2025 Direct F3
transaction CXDO Common Stock Options Exercise $0 +4,167 +1.7% $0.000000 249,671 05 Sep 2025 Direct F2
transaction CXDO Common Stock Tax liability $7,513 -1,140 -0.46% $6.59 248,531 05 Sep 2025 Direct F5

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 $9,000 +4,000 $2.25 4,000 04 Sep 2025 Common Stock 4,000 $2.25 Direct F1
transaction CXDO Restricted Stock Units Options Exercise $0 -5,000 -9.1% $0.000000 50,000 04 Sep 2025 Common Stock 5,000 $0.000000 Direct F2, F4
transaction CXDO Restricted Stock Units Options Exercise $0 -4,167 -14% $0.000000 25,000 05 Sep 2025 Common Stock 4,167 $0.000000 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vested over 36 equal monthly installments beginning on 3/12/2019.
F2 Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
F3 The Company withheld 1,368 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2025 of $6.49. This transaction does not represent a sale by the reporting person.
F4 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.
F5 The Company withheld 1,140 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2025 of $6.59. This transaction does not represent a sale by the reporting person.
F6 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.