SEC Form 4 · accession 0001075736-26-000059
Crexendo, Inc. · CXDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey G Korn
Officer — Chief Executive Officer
Period of report
Jun 25, 2026
Accepted (ET)
Jun 30, 2026 · 7:59 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001075736
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 25, 2026 | M | 278 | $0.00 | A | 221,490 | D | |
| Common Stock | Jun 25, 2026 | F | 68 | $6.92 | D | 221,422 | D | |
| Common StockF1 | Jun 25, 2026 | M | 278 | $0.00 | A | 221,700 | D | |
| Common Stock | Jun 25, 2026 | F | 68 | $6.92 | D | 221,632 | D | |
| Common StockF1 | Jun 27, 2026 | M | 1,110 | $0.00 | A | 222,742 | D | |
| Common Stock | Jun 27, 2026 | F | 271 | $7.23 | D | 222,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | $0.00 | Jun 25, 2026 | M | 278 | D | — | — | Common Stock | 278 | 5,557 | D |
| Restricted Stock UnitsF1,F5 | $0.00 | Jun 25, 2026 | M | 278 | D | — | — | Common Stock | 278 | 7,501 | D |
| Restricted Stock UnitsF1,F6 | $0.00 | Jun 27, 2026 | M | 1,110 | D | — | — | Common Stock | 1,110 | 38,890 | D |
Explanation of responses
- F1Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
- F2The Company withheld 68 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 25, 2026 of $6.92. This transaction does not represent a sale by the reporting person.
- F3The Company withheld 271 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 27, 2026 of $7.23. This transaction does not represent a sale by the reporting person.
- F4The RSUs will vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- F5The RSUs will vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- F6The RSUs will vest in equal monthly installments over 36 months starting on June 27, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.