Form 4: Crexendo Director Acquires 15,000 Stock Options
SEC Filing
David Roy Williams, a director of Crexendo, Inc., acquired 15,000 stock options on March 5, 2024, according to a Form 4 filing with the SEC.
Summary
- On March 5, 2024, David Roy Williams, a director of Crexendo, Inc., acquired 15,000 stock options.
- The exercise price of these options is $5.36.
- The options vest in 24 equal monthly installments starting on April 5, 2024.
- The options expire on March 5, 2034.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option grants, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: Director acquired 15,000 stock options. |
| 04/05/2024 | First vesting date for the stock options. |
| 03/05/2034 | Expiration date of the stock options. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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