Form 4: Insider Trades at Crexendo, Inc. (CXDO)
Insider Transaction Report
Jeffery G. Korn, CEO of Crexendo, Inc., reported transactions involving restricted stock units and common stock.
Summary
- Jeffery G. Korn, Chief Executive Officer of Crexendo, Inc. (CXDO), reported transactions on July 4, 2026.
- He acquired 278 shares of common stock through the vesting of Restricted Stock Units (RSUs) with no cost basis.
- Additionally, 68 shares of common stock were withheld for payroll tax payments, valued at $7.62 per share on the transaction date.
- Following these transactions, Mr. Korn beneficially owns 222,749 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to equity compensation rather than significant strategic shifts or performance indicators.
Positives
- Acquisition of 278 shares of common stock through RSU vesting indicates continued equity participation by the CEO.
- The CEO's direct beneficial ownership of 222,749 shares demonstrates a significant personal stake in the company.
Negatives
- Withholding of 68 shares for payroll taxes represents a reduction in the net shares received by the reporting person.
Future Outlook
The RSUs are set to vest in equal monthly installments over 36 months starting February 4, 2026, contingent on continued employment. Shares will be delivered upon vesting.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive equity holdings and movements within publicly traded companies like Crexendo, Inc.
Stakeholder Impact
- Shareholders gain insight into the CEO's equity holdings and compensation structure.
- Employees may observe executive compensation practices.
Next Steps
- Vesting of remaining RSUs over the next 36 months.
- Delivery of shares upon vesting.
Key Dates
| Date | Description |
|---|---|
| 07/04/2026 | Transaction Date for acquisition of common stock via RSU vesting and withholding of shares for taxes. |
| 07/06/2026 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Crexendo Inc., CXDO, Restricted Stock Units, Common Stock, Beneficial Ownership, CEO, Stock Options
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