Form 4: Crexendo CRO Jon Brinton Executes Stock Sale

Chief Revenue Officer Jon Brinton sold 5,000 shares of Crexendo, Inc. common stock at $9.85 per share.

Summary

• Jon Brinton, Chief Revenue Officer of Crexendo, Inc., sold 5,000 shares of common stock.
• The transaction occurred on May 26, 2026, at a price of $9.85 per share.
• Following the sale, Mr. Brinton retains beneficial ownership of 99,795 shares.
• The sale was executed under a pre-established Rule 10b5-1(c) trading plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a small portion of the executive's total holdings.

Positives

• The sale was conducted via a pre-planned Rule 10b5-1(c) trading plan, which mitigates concerns regarding insider trading based on non-public information.

Negatives

• The transaction represents a reduction in the equity stake held by a key member of the executive leadership team.

Risks

• Continued selling by executive officers could potentially signal a lack of confidence in future share price appreciation to market participants.

Future Outlook

No specific forward-looking guidance regarding company performance was provided in this filing.

Management Comments

• The filing notes that at the time the trading plan was entered into on March 8, 2024, Mr. Brinton was not aware of material nonpublic information.

Industry Context

StockSavvy.ai notes that executive stock sales executed under 10b5-1 plans are standard corporate practice for liquidity and diversification, and generally do not reflect a change in the executive's outlook on the company's long-term prospects.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to sell shares while maintaining compliance with SEC regulations.
• The volume of shares sold (5,000) is relatively minor compared to the total remaining holdings of 99,795 shares.

Stakeholder Impact

• Shareholders should note the reduction in insider ownership, though the impact is likely minimal given the pre-planned nature of the sale.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Crexendo, CXDO, Insider Trading, Form 4, Chief Revenue Officer, Equity Sale