Jeffrey G. Korn - 25 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
25 Sep 2025
Net transactions value
-$442
Form type
4
Filing time
01 Oct 2025, 18:54:38 UTC
Previous filing
08 Sep 2025
Next filing
28 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 01 Oct 2025 0001282348

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CXDO Common Stock Options Exercise $0 +277 +0.11% $0.000000 250,047 25 Sep 2025 Direct F1
transaction CXDO Common Stock Tax liability $442 -68 -0.03% $6.50 249,979 25 Sep 2025 Direct F2

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 Award $0 +10,000 $0.000000 10,000 25 Sep 2025 Common Stock 10,000 $0.000000 Direct F1, F3
transaction CXDO Restricted Stock Units Options Exercise $0 -277 -3.3% $0.000000 8,057 25 Sep 2025 Common Stock 277 $0.000000 Direct F4
* 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 68 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 25, 2025 of $6.50. This transaction does not represent a sale by the reporting person.
F3 The RSUs vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
F4 The RSUs vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.