Form 4: Crexendo CFO's Stock Ownership Update

Crexendo's Chief Financial Officer, Ron Vincent, reported the vesting of Restricted Stock Units and associated tax withholdings, increasing his direct beneficial ownership of common stock.

Summary

• Ron Vincent, Chief Financial Officer of Crexendo, Inc. (CXDO), reported changes in his beneficial ownership of company stock.
• On December 4, 2025, 5,000 shares of common stock were acquired through the vesting of Restricted Stock Units (RSUs).
• Concurrently on December 4, 2025, 1,368 shares were withheld by the company for payroll taxes, based on a closing stock price of $6.71 per share.
• On December 5, 2025, an additional 4,166 shares of common stock were acquired through RSU vesting.
• On December 5, 2025, 1,140 shares were withheld for payroll taxes, based on a closing stock price of $6.64 per share.
• Following these transactions, Ron Vincent's direct beneficial ownership of common stock increased to 172,870 shares.
• His beneficial ownership of derivative securities (RSUs) decreased to 20,834 units after these vesting events.

Sentiment

Score: 5

Explanation: The filing reports routine executive compensation events (RSU vesting and tax withholding) which are neutral in sentiment, reflecting standard corporate governance and compensation practices.

Positives

• The vesting of Restricted Stock Units (RSUs) indicates continued executive compensation and aligns management interests with shareholders.
• The increase in the CFO's direct beneficial ownership of common stock to 172,870 shares demonstrates ongoing commitment to the company.

Negatives

• The withholding of shares for tax purposes, totaling 1,368 shares at $6.71 and 1,140 shares at $6.64, reduces the net shares received by the CFO, though this is a standard practice for equity compensation.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The transactions involve the vesting of Restricted Stock Units and subsequent tax withholding, which are standard compensation practices between the company and its Chief Financial Officer.

Stakeholder Impact

• Shareholders: Minor, expected dilution from RSU issuance, offset by increased alignment of management's interests with shareholders through direct stock ownership.

Next Steps

• Continued vesting of remaining Restricted Stock Units in equal quarterly installments over their respective 12-quarter periods, subject to continuous employment.

Key Dates

Keywords

Crexendo, CXDO, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Beneficial Ownership, CFO, Ron Vincent