AG˹ٷ

STOCK TITAN

[Form 4] CREXENDO INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Jon Brinton, Chief Revenue Officer of Crexendo, Inc. (CXDO), reported insider transactions on Form 4 for September 4�5, 2025. On each date he was credited with 2,917 restricted stock units (RSUs) (code M) with a $0 per-share conversion, representing rights to receive one share per RSU upon vesting. The filings show the company withheld 769 shares on September 4 for payroll taxes using a closing price of $6.49 and withheld 769 shares on September 5 using a closing price of $6.59; the filings state these withholdings did not represent sales by the reporting person.

The RSUs described vest in equal quarterly installments over 12 quarters (two separate grant schedules are disclosed) and are contingent on continued employment. Following the reported transactions, the reported beneficially owned common shares moved between the ranges shown on the form (e.g., 115,054 and 116,433 in the disclosure lines).

Jon Brinton, Chief Revenue Officer di Crexendo, Inc. (CXDO), ha riportato operazioni di insider trading nel Modulo 4 relative al 4 e 5 settembre 2025. In ciascuna delle due date gli sono state accreditate 2.917 restricted stock units (RSU) (codice M) con conversione a $0 per azione, rappresentando il diritto a ricevere una azione per ogni RSU al momento del vesting. I documenti mostrano che la società ha trattenuto 769 azioni il 4 settembre per imposte sul salario utilizzando un prezzo di chiusura di $6.49 e ha trattenuto 769 azioni il 5 settembre utilizzando un prezzo di chiusura di $6.59; i moduli precisano che tali trattenute non costituiscono vendite da parte della persona che ha riportato le operazioni.

Le RSU descritte maturano in rate trimestrali uguali per 12 trimestri (sono divulgati due piani di assegnazione separati) e sono condizionate alla prosecuzione del rapporto di lavoro. Dopo le transazioni riportate, le azioni ordinarie di cui beneficiariamente dispone il segnalante sono variate nell'intervallo indicato nel modulo (ad esempio 115.054 e 116.433 nelle righe di divulgazione).

Jon Brinton, Chief Revenue Officer de Crexendo, Inc. (CXDO), informó transacciones de insiders en el Formulario 4 correspondientes al 4 y 5 de septiembre de 2025. En cada una de esas fechas se le acreditaron 2.917 unidades de acciones restringidas (RSU) (código M) con una conversión de $0 por acción, lo que representa el derecho a recibir una acción por cada RSU al consolidarse. Los registros muestran que la compañía retuvo 769 acciones el 4 de septiembre para impuestos sobre la nómina usando un precio de cierre de $6.49, y retuvo 769 acciones el 5 de septiembre usando un precio de cierre de $6.59; los formularios indican que dichas retenciones no constituyeron ventas por parte del informante.

Las RSU descritas se consolidan en cuotas trimestrales iguales durante 12 trimestres (se divulgan dos calendarios de adjudicación separados) y dependen de la continuidad del empleo. Tras las transacciones reportadas, las acciones ordinarias de las que el informante tiene disposición beneficiaria se movieron dentro de los rangos indicados en el formulario (por ejemplo, 115.054 y 116.433 en las líneas de divulgación).

Jon Brinton님은 Crexendo, Inc. (CXDO)� 최고매출책임�(CRO)로서 2025� 9� 4일과 5일자 Form 4� 내부� 거래� 신고했습니다. � 날짜� 2,917개의 제한부주식단위(RSU)(코드 M)가 $0 주당 전환가� 귀속되었으�, 이는 베스� � RSU 1개당 보통� 1주를 받을 권리� 의미합니�. 제출서류� 따르� 회사� 급여� 납부� 위해 9� 4일에 769��, 종가 $6.49� 기준으로 원천징수했고, 9� 5일에� 769�� 종가 $6.59� 기준으로 원천징수했습니다. 제출서류� 이러� 원천징수가 신고인에 의한 매도� 의미하지 않는다고 명시하고 있습니다.

해당 RSU들은 12분기 동안 동일� 분기� 할부� 베스트되�(� 개의 별도 부� 스케줄이 공개�) 계속 근무가 조건입니�. 보고� 거래 이후 신고인이 실질적으� 보유� 보통주의 수는 양식� 기재� 범위 사이� 이동했습니다(�: 공시란� 115,054116,433).

Jon Brinton, Chief Revenue Officer de Crexendo, Inc. (CXDO), a déclaré des opérations d'initié sur le formulaire 4 pour les 4 et 5 septembre 2025. À chacune de ces dates, il s'est vu attribuer 2 917 unités d'actions restreintes (RSU) (code M) avec une conversion à 0 $ par action, représentant le droit de recevoir une action par RSU lors du vesting. Les déclarations indiquent que la société a retenu 769 actions le 4 septembre pour les impôts sur la paie sur la base d'un cours de clôture de 6,49 $ et a retenu 769 actions le 5 septembre sur la base d'un cours de clôture de 6,59 $ ; les formulaires précisent que ces retenues ne constituent pas des ventes de la part du déclarant.

Les RSU décrites acquièrent des droits par fractions trimestrielles égales sur 12 trimestres (deux calendriers d'attribution distincts sont divulgués) et sont subordonnées à la poursuite de l'emploi. À la suite des opérations déclarées, le nombre d'actions ordinaires dont le déclarant dispose à titre bénéficiaire a évolué dans les fourchettes indiquées sur le formulaire (par exemple 115 054 et 116 433 dans les lignes de divulgation).

Jon Brinton, Chief Revenue Officer von Crexendo, Inc. (CXDO), meldete Insider-Transaktionen im Formular 4 für den 4. und 5. September 2025. An jedem Datum wurden ihm 2.917 Restricted Stock Units (RSUs) (Code M) mit einem Umwandlungspreis von $0 pro Aktie gutgeschrieben, was das Recht darstellt, bei Vesting für jede RSU eine Aktie zu erhalten. Die Einreichungen zeigen, dass das Unternehmen am 4. September 769 Aktien zur Begleichung von Lohnsteuern einbehalten hat, basierend auf einem Schlusskurs von $6.49, und am 5. September 769 Aktien mit einem Schlusskurs von $6.59 einbehalten hat; in den Formularen wird angegeben, dass diese Einbehalte keine Verkäufe durch die meldende Person darstellen.

Die beschriebenen RSUs vesten in gleichen vierteljährlichen Raten über 12 Quartale (zwei getrennte Zuteilungspläne sind offengelegt) und sind an den fortgesetzten Arbeitsvertrag gebunden. Nach den gemeldeten Transaktionen bewegte sich die vom Melder wirtschaftlich gehaltene Anzahl an Stammaktien in den im Formular angegebenen Bereichen (z. B. 115.054 und 116.433 in den Offenlegungszeilen).

Positive
  • RSU grants disclosed: 2,917 RSUs recorded on 09/04/2025 and 2,917 RSUs recorded on 09/05/2025, showing compensation alignment with company equity.
  • Vesting schedule provided: RSUs vest in equal quarterly installments over 12 quarters, contingent on continued employment, which supports retention incentives.
  • Withholding clarified as tax payment: 769 shares withheld on each date for payroll taxes at stated closing prices, and the filing notes these were not sales by the reporting person.
Negative
  • None.

Insights

TL;DR: Insider received RSUs and paid payroll taxes via share withholding; transactions are routine compensation-related events.

The Form 4 discloses issuance of RSUs (2,917 on 9/4/2025 and 2,917 on 9/5/2025) that convert to one share each upon vesting, plus share withholding of 769 shares on each date to cover payroll taxes at closing prices of $6.49 and $6.59 respectively. These entries are recorded as acquisitions (code M) for RSUs and as dispositions (code F) for withheld shares, with explicit statements that withholding did not constitute a sale. For investors, this reflects compensation expense recognition and standard tax-withholding mechanics rather than open-market trading by the officer.

TL;DR: Disclosure documents standard RSU grants and tax-withholding; vesting schedules tie retention to continued employment.

The filing provides clear vesting schedules: two separate RSU award series vesting in equal quarterly installments over 12 quarters, contingent on continued employment, and specifies share delivery upon vesting. Withholding of 769 shares on each date is explicitly for payroll taxes using the reported closing prices. The form is properly signed and identifies the reporting person as an officer (Chief Revenue Officer). These are routine governance disclosures for officer compensation.

Jon Brinton, Chief Revenue Officer di Crexendo, Inc. (CXDO), ha riportato operazioni di insider trading nel Modulo 4 relative al 4 e 5 settembre 2025. In ciascuna delle due date gli sono state accreditate 2.917 restricted stock units (RSU) (codice M) con conversione a $0 per azione, rappresentando il diritto a ricevere una azione per ogni RSU al momento del vesting. I documenti mostrano che la società ha trattenuto 769 azioni il 4 settembre per imposte sul salario utilizzando un prezzo di chiusura di $6.49 e ha trattenuto 769 azioni il 5 settembre utilizzando un prezzo di chiusura di $6.59; i moduli precisano che tali trattenute non costituiscono vendite da parte della persona che ha riportato le operazioni.

Le RSU descritte maturano in rate trimestrali uguali per 12 trimestri (sono divulgati due piani di assegnazione separati) e sono condizionate alla prosecuzione del rapporto di lavoro. Dopo le transazioni riportate, le azioni ordinarie di cui beneficiariamente dispone il segnalante sono variate nell'intervallo indicato nel modulo (ad esempio 115.054 e 116.433 nelle righe di divulgazione).

Jon Brinton, Chief Revenue Officer de Crexendo, Inc. (CXDO), informó transacciones de insiders en el Formulario 4 correspondientes al 4 y 5 de septiembre de 2025. En cada una de esas fechas se le acreditaron 2.917 unidades de acciones restringidas (RSU) (código M) con una conversión de $0 por acción, lo que representa el derecho a recibir una acción por cada RSU al consolidarse. Los registros muestran que la compañía retuvo 769 acciones el 4 de septiembre para impuestos sobre la nómina usando un precio de cierre de $6.49, y retuvo 769 acciones el 5 de septiembre usando un precio de cierre de $6.59; los formularios indican que dichas retenciones no constituyeron ventas por parte del informante.

Las RSU descritas se consolidan en cuotas trimestrales iguales durante 12 trimestres (se divulgan dos calendarios de adjudicación separados) y dependen de la continuidad del empleo. Tras las transacciones reportadas, las acciones ordinarias de las que el informante tiene disposición beneficiaria se movieron dentro de los rangos indicados en el formulario (por ejemplo, 115.054 y 116.433 en las líneas de divulgación).

Jon Brinton님은 Crexendo, Inc. (CXDO)� 최고매출책임�(CRO)로서 2025� 9� 4일과 5일자 Form 4� 내부� 거래� 신고했습니다. � 날짜� 2,917개의 제한부주식단위(RSU)(코드 M)가 $0 주당 전환가� 귀속되었으�, 이는 베스� � RSU 1개당 보통� 1주를 받을 권리� 의미합니�. 제출서류� 따르� 회사� 급여� 납부� 위해 9� 4일에 769��, 종가 $6.49� 기준으로 원천징수했고, 9� 5일에� 769�� 종가 $6.59� 기준으로 원천징수했습니다. 제출서류� 이러� 원천징수가 신고인에 의한 매도� 의미하지 않는다고 명시하고 있습니다.

해당 RSU들은 12분기 동안 동일� 분기� 할부� 베스트되�(� 개의 별도 부� 스케줄이 공개�) 계속 근무가 조건입니�. 보고� 거래 이후 신고인이 실질적으� 보유� 보통주의 수는 양식� 기재� 범위 사이� 이동했습니다(�: 공시란� 115,054116,433).

Jon Brinton, Chief Revenue Officer de Crexendo, Inc. (CXDO), a déclaré des opérations d'initié sur le formulaire 4 pour les 4 et 5 septembre 2025. À chacune de ces dates, il s'est vu attribuer 2 917 unités d'actions restreintes (RSU) (code M) avec une conversion à 0 $ par action, représentant le droit de recevoir une action par RSU lors du vesting. Les déclarations indiquent que la société a retenu 769 actions le 4 septembre pour les impôts sur la paie sur la base d'un cours de clôture de 6,49 $ et a retenu 769 actions le 5 septembre sur la base d'un cours de clôture de 6,59 $ ; les formulaires précisent que ces retenues ne constituent pas des ventes de la part du déclarant.

Les RSU décrites acquièrent des droits par fractions trimestrielles égales sur 12 trimestres (deux calendriers d'attribution distincts sont divulgués) et sont subordonnées à la poursuite de l'emploi. À la suite des opérations déclarées, le nombre d'actions ordinaires dont le déclarant dispose à titre bénéficiaire a évolué dans les fourchettes indiquées sur le formulaire (par exemple 115 054 et 116 433 dans les lignes de divulgation).

Jon Brinton, Chief Revenue Officer von Crexendo, Inc. (CXDO), meldete Insider-Transaktionen im Formular 4 für den 4. und 5. September 2025. An jedem Datum wurden ihm 2.917 Restricted Stock Units (RSUs) (Code M) mit einem Umwandlungspreis von $0 pro Aktie gutgeschrieben, was das Recht darstellt, bei Vesting für jede RSU eine Aktie zu erhalten. Die Einreichungen zeigen, dass das Unternehmen am 4. September 769 Aktien zur Begleichung von Lohnsteuern einbehalten hat, basierend auf einem Schlusskurs von $6.49, und am 5. September 769 Aktien mit einem Schlusskurs von $6.59 einbehalten hat; in den Formularen wird angegeben, dass diese Einbehalte keine Verkäufe durch die meldende Person darstellen.

Die beschriebenen RSUs vesten in gleichen vierteljährlichen Raten über 12 Quartale (zwei getrennte Zuteilungspläne sind offengelegt) und sind an den fortgesetzten Arbeitsvertrag gebunden. Nach den gemeldeten Transaktionen bewegte sich die vom Melder wirtschaftlich gehaltene Anzahl an Stammaktien in den im Formular angegebenen Bereichen (z. B. 115.054 und 116.433 in den Offenlegungszeilen).

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brinton Jon

(Last) (First) (Middle)
1225 W WASHINGTON ST
SUITE 213

(Street)
TEMPE AZ 85288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/04/2025 M 2,917 A $0(1) 115,054 D
Common Stock 09/04/2025 F(2) 769 D $6.49 114,285 D
Common Stock 09/05/2025 M 2,917 A $0(1) 117,202 D
Common Stock 09/05/2025 F(4) 769 D $6.59 116,433 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 09/04/2025 M 2,917 (3) (3) Common Stock 2,917 $0 29,167 D
Restricted Stock Units $0(1) 09/05/2025 M 2,917 (5) (5) Common Stock 2,917 $0 17,500 D
Explanation of Responses:
1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
2. The Company withheld 769 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.
3. 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.
4. The Company withheld 769 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.
5. 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.
/s/Jon Brinton 09/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Jon Brinton (CXDO) report on Form 4?

The Form 4 reports receipt of 2,917 RSUs on 09/04/2025 and 2,917 RSUs on 09/05/2025, and withholding of 769 shares on each date for payroll taxes.

Were any shares sold by the reporting person in these transactions?

No. The filing states the 769 shares withheld on each date were used to pay payroll taxes and did not represent a sale by the reporting person.

At what prices were withheld shares valued for tax withholding?

The company used closing prices of $6.49 on September 4, 2025 and $6.59 on September 5, 2025 to calculate the withheld shares.

What is the vesting schedule for the RSUs reported by Jon Brinton?

The RSUs vest in equal quarterly installments over 12 quarters, contingent on continued employment; shares are delivered upon vesting.

How did the reported beneficial ownership numbers change after the transactions?

The form lists following-transaction common stock amounts on reporting lines such as 115,054, 114,285, 117,202, and 116,433 as shown in the disclosure table.
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Telecom Services
Telephone Communications (no Radiotelephone)
United States
TEMPE