Jeffrey G. Korn - 04 Sep 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 Sep 2025
Net transactions value: -$15,931
Form type: 4
Filing time: 08 Sep 2025, 18:54:40 UTC
Previous filing: 27 Aug 2025
Next filing: 01 Oct 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 Sep 2025	0001282348

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	247,206	04 Sep 2025	Direct	F1
transaction	CXDO	Common Stock	Tax liability	$7,905	-1,218	-0.49%	$6.49	245,988	04 Sep 2025	Direct	F2
transaction	CXDO	Common Stock	Options Exercise	$0	+5,000	+2%	$0.000000	250,988	05 Sep 2025	Direct	F1
transaction	CXDO	Common Stock	Tax liability	$8,027	-1,218	-0.49%	$6.59	249,770	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	Restricted Stock Units	Options Exercise	$0	-5,000	-9.1%	$0.000000	50,000	04 Sep 2025	Common Stock	5,000	$0.000000	Direct	F1, F4
transaction	CXDO	Restricted Stock Units	Options Exercise	$0	-5,000	-14%	$0.000000	30,000	05 Sep 2025	Common Stock	5,000	$0.000000	Direct	F1, F3

* 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 September 4, 2025 of $6.49. This transaction does not represent a sale by the reporting person.
F3	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.
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 1,218 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.