Form 4: Crexendo Inc. Executive Anand Buch Reports Stock Transactions
SEC Form 4
Anand Buch, Chief Strategy Officer of Crexendo Inc., reports the acquisition and disposal of common stock and restricted stock units (RSUs).
Summary
- Anand Buch, Chief Strategy Officer of Crexendo Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 5, 2025, Buch acquired 4,166 shares of common stock upon vesting of restricted stock units (RSUs) at a price of $0.
- Also on March 5, 2025, 1,712 shares were disposed of to cover payroll taxes at a price of $7.16 per share.
- Following these transactions, Buch directly owns 555,956 shares of Crexendo Inc. common stock.
- Buch also holds 33,334 RSUs after the transactions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of earliest transaction related to Restricted Stock Units. |
| 03/05/2025 | Date of common stock acquisition and disposal for tax purposes. |
| 03/06/2025 | Date of signature for the Form 4 filing. |
| 06/04/2025 | Start date for quarterly vesting of 25,000 RSUs. |
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