AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] CREXENDO INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Crexendo, Inc. (CXDO) � Form 4 insider transaction

CEO Jeffrey G. Korn reported three open-market sales of the company’s common stock executed under a pre-arranged Rule 10b5-1 trading plan adopted on 9 Dec 2024. The trades occurred on 2 Jul 2025 (2,800 shares at $6.5355), 3 Jul 2025 (3,000 shares at $6.5101) and 7 Jul 2025 (1,000 shares at $6.5001), for a total disposition of 6,800 shares.

After the transactions, Korn’s direct beneficial ownership declined from 251,786 to 244,986 shares. No derivative security activity was reported.

The filing indicates: (1) sales were executed pursuant to a 10b5-1 plan, reducing concerns about information asymmetry; (2) the aggregate sale represents roughly 2.7% of the shares Korn continues to hold, suggesting the CEO maintains a substantial stake.

No other officers or directors were involved, and the form contains no financial performance data or company guidance.

Crexendo, Inc. (CXDO) � Transazione interna Form 4

Il CEO Jeffrey G. Korn ha comunicato tre vendite sul mercato aperto di azioni ordinarie della società, eseguite nell'ambito di un piano di trading predefinito ai sensi della Regola 10b5-1 adottato il 9 dicembre 2024. Le operazioni sono avvenute il 2 luglio 2025 (2.800 azioni a $6,5355), il 3 luglio 2025 (3.000 azioni a $6,5101) e il 7 luglio 2025 (1.000 azioni a $6,5001), per un totale di 6.800 azioni cedute.

Dopo queste transazioni, la proprietà diretta di Korn è scesa da 251.786 a 244.986 azioni. Non sono state segnalate attività su strumenti derivati.

La comunicazione evidenzia: (1) le vendite sono state effettuate secondo un piano 10b5-1, riducendo i timori di asimmetria informativa; (2) la vendita complessiva rappresenta circa il 2,7% delle azioni ancora detenute da Korn, indicando che il CEO mantiene una partecipazione significativa.

Non risultano coinvolti altri dirigenti o membri del consiglio, e il modulo non contiene dati sulle performance finanziarie né indicazioni sull’andamento futuro della società.

Crexendo, Inc. (CXDO) � Transacción interna Formulario 4

El CEO Jeffrey G. Korn informó tres ventas en el mercado abierto de acciones comunes de la empresa, realizadas bajo un plan de negociación preestablecido conforme a la Regla 10b5-1 adoptado el 9 de diciembre de 2024. Las operaciones se efectuaron el 2 de julio de 2025 (2,800 acciones a $6.5355), el 3 de julio de 2025 (3,000 acciones a $6.5101) y el 7 de julio de 2025 (1,000 acciones a $6.5001), para un total de 6,800 acciones vendidas.

Tras estas transacciones, la propiedad directa de Korn disminuyó de 251,786 a 244,986 acciones. No se reportaron actividades con valores derivados.

El informe indica: (1) las ventas se realizaron bajo un plan 10b5-1, lo que reduce preocupaciones sobre asimetría de información; (2) la venta total representa aproximadamente el 2.7% de las acciones que Korn aún posee, lo que sugiere que el CEO mantiene una participación sustancial.

No participaron otros ejecutivos ni directores, y el formulario no contiene datos financieros ni pronósticos de la compañía.

Crexendo, Inc. (CXDO) � 내부� 거래 Form 4 보고

CEO 제프ë¦� G. ì½�(Jeffrey G. Korn)ì€ 2024ë…� 12ì›� 9ì� 채íƒë� 사전 승ì¸ë� Rule 10b5-1 거래 계íšì—� ë”°ë¼ íšŒì‚¬ 보통주를 공개 시장ì—서 ì„� 차례 매ë„했다ê³� 보고했습니다. 거래ëŠ� 2025ë…� 7ì›� 2ì�(2,800ì£�, 주당 $6.5355), 7ì›� 3ì�(3,000ì£�, 주당 $6.5101), 7ì›� 7ì�(1,000ì£�, 주당 $6.5001)ì—� ì´ë£¨ì–´ì¡Œìœ¼ë©°, ì´� 6,800ì£�ê°€ 처분ë˜ì—ˆìŠµë‹ˆë‹�.

ì� 거래 í›� ì½˜ì˜ ì§ì ‘ì � 소유 ì£¼ì‹ ìˆ˜ëŠ” 251,786주ì—ì„� 244,986ì£�ë¡� ê°ì†Œí–ˆìŠµë‹ˆë‹¤. 파ìƒìƒí’ˆ ê´€ë � 거래ëŠ� ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ë³´ê³ ì„œì— ë”°ë¥´ë©�: (1) 매ë„ëŠ� 10b5-1 계íšì—� ë”°ë¼ ì´ë£¨ì–´ì ¸ ì •ë³´ 비대ì¹� ìš°ë ¤ë¥� 줄였으며; (2) ì´� ë§¤ë„ ì£¼ì‹ì€ ì½˜ì´ ë³´ìœ í•� 주ì‹ì� ì•� 2.7%ì—� 해당í•� CEOê°€ ìƒë‹¹í•� ì§€ë¶„ì„ ìœ ì§€í•˜ê³  있ìŒì� 시사합니ë‹�.

다른 ìž„ì›ì´ë‚˜ ì´ì‚¬ëŠ� 관련ë˜ì§€ 않았으며, 해당 ì–‘ì‹ì—는 재무 성과 ë°ì´í„°ë‚˜ 회사 ì „ë§ì� í¬í•¨ë˜ì–´ 있지 않습니다.

Crexendo, Inc. (CXDO) � Transaction d’initié Formulaire 4

Le PDG Jeffrey G. Korn a déclaré trois ventes sur le marché libre d’actions ordinaires de la société, réalisées dans le cadre d’un plan de trading préétabli selon la règle 10b5-1 adopté le 9 décembre 2024. Les opérations ont eu lieu les 2 juillet 2025 (2 800 actions à 6,5355 $), 3 juillet 2025 (3 000 actions à 6,5101 $) et 7 juillet 2025 (1 000 actions à 6,5001 $), pour une cession totale de 6 800 actions.

Après ces transactions, la propriété directe de Korn est passée de 251 786 à 244 986 actions. Aucune activité sur titres dérivés n’a été signalée.

Le dépôt indique : (1) les ventes ont été réalisées conformément à un plan 10b5-1, réduisant ainsi les risques d’asymétrie d’information ; (2) la vente globale représente environ 2,7 % des actions encore détenues par Korn, suggérant que le PDG conserve une participation importante.

Aucun autre dirigeant ou administrateur n’a été impliqué, et le formulaire ne contient aucune donnée financière ni indication sur les perspectives de l’entreprise.

Crexendo, Inc. (CXDO) � Insider-Transaktion Form 4

CEO Jeffrey G. Korn meldete drei Verkäufe von Stammaktien des Unternehmens am offenen Markt, die im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans ausgeführt wurden, der am 9. Dezember 2024 angenommen wurde. Die Transaktionen fanden am 2. Juli 2025 (2.800 Aktien zu $6,5355), 3. Juli 2025 (3.000 Aktien zu $6,5101) und 7. Juli 2025 (1.000 Aktien zu $6,5001) statt, mit einer Gesamtveräußerung von 6.800 Aktien.

Nach den Transaktionen sank Korns direkte Beteiligung von 251.786 auf 244.986 Aktien. Es wurden keine Derivataktivitäten gemeldet.

Die Meldung weist darauf hin: (1) die Verkäufe erfolgten gemäß einem 10b5-1-Plan, was Bedenken hinsichtlich Informationsasymmetrien verringert; (2) der Gesamtverkauf entspricht etwa 2,7 % der von Korn weiterhin gehaltenen Aktien, was darauf hindeutet, dass der CEO eine bedeutende Beteiligung behält.

Keine weiteren Führungskräfte oder Direktoren waren beteiligt, und das Formular enthält keine Finanzkennzahlen oder Unternehmensprognosen.

Positive
  • Sales executed under a disclosed Rule 10b5-1 plan, underscoring transparency and reducing potential information-asymmetry concerns.
  • CEO retains 244,986 shares, indicating continued alignment with shareholder interests.
Negative
  • Insider selling by the CEO can be perceived as a bearish signal even though the amount is relatively small.

Insights

TL;DR: CEO sold 6,800 CXDO shares (~2.7% stake) under 10b5-1; minor, neutral impact.

The disposition is modest relative to Korn’s remaining 244,986-share position and was executed under a disclosed 10b5-1 plan, limiting signaling risk. The volume is small versus CXDO’s daily trading volume, so market impact should be minimal. No new strategic or financial information is disclosed; therefore, I view the filing as routine with limited implication for valuation or outlook.

TL;DR: Pre-planned insider sale shows compliance; governance-neutral event.

Use of a Rule 10b5-1 plan indicates adherence to best practices, offering transparency and reducing litigation risk. The CEO retains a considerable ownership stake, maintaining alignment with shareholders. Given the modest size, I classify the governance impact as neutral. Investors may monitor future filings for pattern changes.

Crexendo, Inc. (CXDO) � Transazione interna Form 4

Il CEO Jeffrey G. Korn ha comunicato tre vendite sul mercato aperto di azioni ordinarie della società, eseguite nell'ambito di un piano di trading predefinito ai sensi della Regola 10b5-1 adottato il 9 dicembre 2024. Le operazioni sono avvenute il 2 luglio 2025 (2.800 azioni a $6,5355), il 3 luglio 2025 (3.000 azioni a $6,5101) e il 7 luglio 2025 (1.000 azioni a $6,5001), per un totale di 6.800 azioni cedute.

Dopo queste transazioni, la proprietà diretta di Korn è scesa da 251.786 a 244.986 azioni. Non sono state segnalate attività su strumenti derivati.

La comunicazione evidenzia: (1) le vendite sono state effettuate secondo un piano 10b5-1, riducendo i timori di asimmetria informativa; (2) la vendita complessiva rappresenta circa il 2,7% delle azioni ancora detenute da Korn, indicando che il CEO mantiene una partecipazione significativa.

Non risultano coinvolti altri dirigenti o membri del consiglio, e il modulo non contiene dati sulle performance finanziarie né indicazioni sull’andamento futuro della società.

Crexendo, Inc. (CXDO) � Transacción interna Formulario 4

El CEO Jeffrey G. Korn informó tres ventas en el mercado abierto de acciones comunes de la empresa, realizadas bajo un plan de negociación preestablecido conforme a la Regla 10b5-1 adoptado el 9 de diciembre de 2024. Las operaciones se efectuaron el 2 de julio de 2025 (2,800 acciones a $6.5355), el 3 de julio de 2025 (3,000 acciones a $6.5101) y el 7 de julio de 2025 (1,000 acciones a $6.5001), para un total de 6,800 acciones vendidas.

Tras estas transacciones, la propiedad directa de Korn disminuyó de 251,786 a 244,986 acciones. No se reportaron actividades con valores derivados.

El informe indica: (1) las ventas se realizaron bajo un plan 10b5-1, lo que reduce preocupaciones sobre asimetría de información; (2) la venta total representa aproximadamente el 2.7% de las acciones que Korn aún posee, lo que sugiere que el CEO mantiene una participación sustancial.

No participaron otros ejecutivos ni directores, y el formulario no contiene datos financieros ni pronósticos de la compañía.

Crexendo, Inc. (CXDO) � 내부� 거래 Form 4 보고

CEO 제프ë¦� G. ì½�(Jeffrey G. Korn)ì€ 2024ë…� 12ì›� 9ì� 채íƒë� 사전 승ì¸ë� Rule 10b5-1 거래 계íšì—� ë”°ë¼ íšŒì‚¬ 보통주를 공개 시장ì—서 ì„� 차례 매ë„했다ê³� 보고했습니다. 거래ëŠ� 2025ë…� 7ì›� 2ì�(2,800ì£�, 주당 $6.5355), 7ì›� 3ì�(3,000ì£�, 주당 $6.5101), 7ì›� 7ì�(1,000ì£�, 주당 $6.5001)ì—� ì´ë£¨ì–´ì¡Œìœ¼ë©°, ì´� 6,800ì£�ê°€ 처분ë˜ì—ˆìŠµë‹ˆë‹�.

ì� 거래 í›� ì½˜ì˜ ì§ì ‘ì � 소유 ì£¼ì‹ ìˆ˜ëŠ” 251,786주ì—ì„� 244,986ì£�ë¡� ê°ì†Œí–ˆìŠµë‹ˆë‹¤. 파ìƒìƒí’ˆ ê´€ë � 거래ëŠ� ë³´ê³ ë˜ì§€ 않았습니ë‹�.

ë³´ê³ ì„œì— ë”°ë¥´ë©�: (1) 매ë„ëŠ� 10b5-1 계íšì—� ë”°ë¼ ì´ë£¨ì–´ì ¸ ì •ë³´ 비대ì¹� ìš°ë ¤ë¥� 줄였으며; (2) ì´� ë§¤ë„ ì£¼ì‹ì€ ì½˜ì´ ë³´ìœ í•� 주ì‹ì� ì•� 2.7%ì—� 해당í•� CEOê°€ ìƒë‹¹í•� ì§€ë¶„ì„ ìœ ì§€í•˜ê³  있ìŒì� 시사합니ë‹�.

다른 ìž„ì›ì´ë‚˜ ì´ì‚¬ëŠ� 관련ë˜ì§€ 않았으며, 해당 ì–‘ì‹ì—는 재무 성과 ë°ì´í„°ë‚˜ 회사 ì „ë§ì� í¬í•¨ë˜ì–´ 있지 않습니다.

Crexendo, Inc. (CXDO) � Transaction d’initié Formulaire 4

Le PDG Jeffrey G. Korn a déclaré trois ventes sur le marché libre d’actions ordinaires de la société, réalisées dans le cadre d’un plan de trading préétabli selon la règle 10b5-1 adopté le 9 décembre 2024. Les opérations ont eu lieu les 2 juillet 2025 (2 800 actions à 6,5355 $), 3 juillet 2025 (3 000 actions à 6,5101 $) et 7 juillet 2025 (1 000 actions à 6,5001 $), pour une cession totale de 6 800 actions.

Après ces transactions, la propriété directe de Korn est passée de 251 786 à 244 986 actions. Aucune activité sur titres dérivés n’a été signalée.

Le dépôt indique : (1) les ventes ont été réalisées conformément à un plan 10b5-1, réduisant ainsi les risques d’asymétrie d’information ; (2) la vente globale représente environ 2,7 % des actions encore détenues par Korn, suggérant que le PDG conserve une participation importante.

Aucun autre dirigeant ou administrateur n’a été impliqué, et le formulaire ne contient aucune donnée financière ni indication sur les perspectives de l’entreprise.

Crexendo, Inc. (CXDO) � Insider-Transaktion Form 4

CEO Jeffrey G. Korn meldete drei Verkäufe von Stammaktien des Unternehmens am offenen Markt, die im Rahmen eines vorab festgelegten Rule 10b5-1 Handelsplans ausgeführt wurden, der am 9. Dezember 2024 angenommen wurde. Die Transaktionen fanden am 2. Juli 2025 (2.800 Aktien zu $6,5355), 3. Juli 2025 (3.000 Aktien zu $6,5101) und 7. Juli 2025 (1.000 Aktien zu $6,5001) statt, mit einer Gesamtveräußerung von 6.800 Aktien.

Nach den Transaktionen sank Korns direkte Beteiligung von 251.786 auf 244.986 Aktien. Es wurden keine Derivataktivitäten gemeldet.

Die Meldung weist darauf hin: (1) die Verkäufe erfolgten gemäß einem 10b5-1-Plan, was Bedenken hinsichtlich Informationsasymmetrien verringert; (2) der Gesamtverkauf entspricht etwa 2,7 % der von Korn weiterhin gehaltenen Aktien, was darauf hindeutet, dass der CEO eine bedeutende Beteiligung behält.

Keine weiteren Führungskräfte oder Direktoren waren beteiligt, und das Formular enthält keine Finanzkennzahlen oder Unternehmensprognosen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KORN JEFFREY G

(Last) (First) (Middle)
1225 W WASHINGTON ST
STE 213

(Street)
TEMPE AZ 85288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/02/2025 S(1) 2,800 D $6.5355 248,986 D
Common Stock 07/03/2025 S(1) 3,000 D $6.5101 245,986 D
Common Stock 07/07/2025 S(1) 1,000 D $6.5001 244,986 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on December 9, 2024, at which time Mr. Korn was not aware of material nonpublic information.
/s/ Jeffery G. Korn 07/07/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CXDO shares did CEO Jeffrey Korn sell?

He sold 6,800 shares across three trades on 2, 3 and 7 July 2025.

At what prices were the CXDO shares sold?

Prices were $6.5355, $6.5101 and $6.5001 per share, respectively.

What is Jeffrey Korn’s remaining CXDO shareholding after the sale?

He now directly owns 244,986 CXDO shares.

Was the insider transaction under a Rule 10b5-1 plan?

Yes. The filing states the trades were executed under a plan adopted on 9 Dec 2024.

Does this Form 4 include any derivative security activity?

No. Table II shows no derivative transactions during the period.

Is the filing considered material for investors?

Given the modest size and pre-planned nature, most analysts view the impact as neutral.
Crexendo Inc

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174.18M
15.39M
48.87%
18.53%
0.76%
Telecom Services
Telephone Communications (no Radiotelephone)
United States
TEMPE