David Tzat-Kin Wang - 04 Sep 2025 Form 4 Insider Report for Crexendo, Inc. (CXDO)

Role
Chief Technology Officer
Signature
/s/ David Tzat-kin Wang
Issuer symbol
CXDO
Transactions as of
04 Sep 2025
Net transactions value
-$16,633
Form type
4
Filing time
08 Sep 2025, 20:05:26 UTC
Previous filing
09 Jun 2025
Next filing
08 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wang David Tzat-kin Chief Technology Officer 8910 UNIVERSITY CENTER LANE, STE 400, SAN DIEGO /s/ David Tzat-kin Wang 08 Sep 2025 0001867741

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +2,083 +0.46% $0.000000 451,288 04 Sep 2025 Direct F1
transaction CXDO Common Stock Tax liability $6,866 -1,058 -0.23% $6.49 450,230 04 Sep 2025 Direct F2
transaction CXDO Common Stock Options Exercise $0 +2,917 +0.65% $0.000000 453,147 05 Sep 2025 Direct F1
transaction CXDO Common Stock Tax liability $9,766 -1,482 -0.33% $6.59 451,665 05 Sep 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 -2,083 -9.1% $0.000000 20,834 04 Sep 2025 Common Stock 2,083 $0.000000 Direct F1, F3
transaction CXDO Restricted Stock Units Options Exercise $0 -2,917 -14% $0.000000 17,500 05 Sep 2025 Common Stock 2,917 $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 1,058 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 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 1,482 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.
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.