Form 4: Crexendo CFO Sells 10,000 Shares Under 10b5-1 Plan

Crexendo's Chief Financial Officer, Ron Vincent, sold 10,000 shares of common stock for approximately $73,755 under a pre-arranged 10b5-1 trading plan.

Summary

• Chief Financial Officer Ron Vincent sold a total of 10,000 shares of Crexendo, Inc. common stock.
• The sales occurred on November 11, 2025.
• One block of 5,000 shares was sold at a price of $7.2501 per share.
• A second block of 5,000 shares was sold at a price of $7.501 per share.
• The total proceeds from these sales amount to approximately $73,755.50.
• These transactions were executed pursuant to a Rule 10b5-1(c) plan, which was established on December 9, 2024.
• Following these reported transactions, Mr. Vincent beneficially owns 165,809 shares of Crexendo, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral, as the sale was pre-planned under a 10b5-1 plan, which mitigates negative interpretations of insider selling.

Negatives

• Chief Financial Officer Ron Vincent sold 10,000 shares of company common stock.

Future Outlook

The filing does not contain any forward-looking statements or guidance, as it reports a historical insider transaction.

Management Comments

• This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Vincent was not aware of material nonpublic information.

Industry Context

This filing reports an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: May observe a slight increase in available shares on the market and a reduction in insider ownership, though the impact is minimal due to the pre-planned nature of the sale.

Key Dates

Recommendation

The sale of shares by the CFO was conducted under a pre-arranged 10b5-1 plan, indicating it was not based on new material nonpublic information. This type of transaction is a routine part of executive compensation and personal financial planning and does not typically signal a change in the company's fundamental outlook or warrant an immediate change in investment recommendation.

Keywords

Crexendo, CXDO, insider trading, Form 4, stock sale, CFO, Ron Vincent, 10b5-1 plan