CXDO.NASDAQCrexendo, INC

Form 4: Crexendo CFO Ron Vincent Reports RSU Vesting & Tax Withholding

Sentiment:

Insider Transaction Report


Crexendo, Inc. CFO Ron Vincent disclosed the vesting of restricted stock units and associated tax withholdings on March 25, 2026.

Summary

  • Crexendo, Inc. Chief Financial Officer Ron Vincent reported multiple transactions on March 25, 2026.
  • Vincent acquired a total of 556 shares of common stock through the vesting of Restricted Stock Units (RSUs).
  • The company withheld a total of 153 shares (76 shares and 77 shares) of common stock at a price of $6.48 per share to cover associated payroll taxes.
  • These withholdings do not represent a sale by the reporting person.
  • Following these transactions, Vincent beneficially owns 180,272 shares of common stock directly.
  • Vincent also holds 6,390 and 8,334 Restricted Stock Units, which vest in equal monthly installments over 36 months starting March 25, 2025, and October 25, 2025, respectively, contingent on continued employment.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine disclosure of executive compensation and ownership changes, with no direct positive or negative implications for company performance.

Positives

  • CFO Ron Vincent's continued accumulation of company stock through RSU vesting demonstrates ongoing alignment with shareholder interests.
  • The vesting of RSUs indicates the fulfillment of employment conditions and long-term incentive plans.

Future Outlook

No specific future outlook or guidance is provided in this insider transaction report.

Industry Context

StockSavvy.ai notes that routine insider transaction disclosures like Form 4 filings are common and provide transparency into executive compensation and ownership, but typically do not reflect broader industry trends or competitive dynamics.

Related Party Transactions

  • The vesting of Restricted Stock Units and subsequent tax withholdings are part of the compensation agreement between Crexendo, Inc. and its Chief Financial Officer, Ron Vincent.

Stakeholder Impact

  • Shareholders: Provides transparency regarding executive stock ownership and compensation structure.
  • Employees: Reinforces the company's long-term incentive plans for key personnel.

Next Steps

  • Continued vesting of remaining Restricted Stock Units over the specified 36-month periods, contingent on continuous employment.

Key Dates

DateDescription
03/25/2025Start date for 36-month vesting period for a batch of Restricted Stock Units.
10/25/2025Start date for 36-month vesting period for another batch of Restricted Stock Units.
03/25/2026Date of reported RSU vesting transactions and associated tax withholdings.
03/27/2026Signature date of the reporting person for the Form 4 filing.

Keywords

Crexendo, CXDO, Ron Vincent, CFO, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Vesting, Tax Withholding, Beneficial Ownership

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