Form 4: Crexendo Inc. Executive Anand Buch Reports Stock Transactions
SEC Form 4 Filing
Anand Buch, Chief Strategy Officer of Crexendo, Inc., reports the acquisition and disposal of common stock and derivative securities.
Summary
- On August 23, 2024, Anand Buch, Chief Strategy Officer of Crexendo, Inc., engaged in transactions involving the company's stock.
- Buch acquired 100 shares of common stock at a price of $0.91.
- Simultaneously, Buch disposed of 100 shares of common stock at a price of $5.01.
- These transactions altered Buch's direct ownership to 548,139 shares of common stock.
- Buch also exercised 100 non-qualified stock options with an exercise price of $0.91.
- Following these transactions, Buch directly owns 968,812 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Date exercisable for Non-Qualified Stock Options |
| 03/11/2026 | Expiration date for Non-Qualified Stock Options |
| 08/23/2024 | Date of stock transactions: acquisition and disposal of common stock and exercise of stock options |
| 08/27/2024 | Date of signature for the Form 4 filing |
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