SEC Form 4 · accession 0001075736-26-000096
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
Sep 4, 2026
Accepted (ET)
Sep 9, 2026 · 7:11 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 | Sep 4, 2026 | M | 5,000 | $0.00 | A | 230,409 | D | |
| Common Stock | Sep 4, 2026 | F | 1,218 | $6.01 | D | 229,191 | D | |
| Common StockF1 | Sep 4, 2026 | M | 277 | $0.00 | A | 229,468 | D | |
| Common Stock | Sep 4, 2026 | F | 68 | $6.01 | D | 229,400 | D | |
| Common StockF1 | Sep 4, 2026 | M | 5,833 | $0.00 | A | 235,233 | D | |
| Common Stock | Sep 4, 2026 | F | 1,420 | $6.01 | D | 233,813 | D | |
| Common StockF1 | Sep 5, 2026 | M | 5,000 | $0.00 | A | 238,813 | D | |
| Common Stock | Sep 5, 2026 | F | 1,218 | $6.01 | D | 237,595 | 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,F6 | $0.00 | Sep 4, 2026 | M | 5,000 | D | — | — | Common Stock | 5,000 | 30,000 | D |
| Restricted Stock UnitsF1,F7 | $0.00 | Sep 4, 2026 | M | 277 | D | — | — | Common Stock | 277 | 8,057 | D |
| Restricted Stock UnitsF1,F8 | $0.00 | Sep 4, 2026 | M | 5,833 | D | — | — | Common Stock | 5,833 | 58,334 | D |
| Restricted Stock UnitsF1,F9 | $0.00 | Sep 5, 2026 | M | 5,000 | D | — | — | Common Stock | 5,000 | 10,000 | 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 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
- F3The Company withheld 68 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
- F4The Company withheld 1,420 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
- F5The Company withheld 1,218 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2026 of $6.01. This transaction does not represent a sale by the reporting person.
- F6The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- F7The RSUs will vest in equal monthly installments over 36 months starting on March 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- F8The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
- F9The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.