Wang David Tzat-kin 4
4 · Crexendo, Inc. · Filed Sep 8, 2025
Insider Transaction Report
Form 4
Crexendo, Inc.CXDO
Wang David Tzat-kin
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2025-09-05+2,917→ 453,147 total - Exercise/Conversion
Restricted Stock Units
2025-09-05−2,917→ 17,500 totalExercise: $0.00→ Common Stock (2,917 underlying) - Exercise/Conversion
Restricted Stock Units
2025-09-04−2,083→ 20,834 totalExercise: $0.00→ Common Stock (2,083 underlying) - Exercise/Conversion
Common Stock
2025-09-04+2,083→ 451,288 total - Tax Payment
Common Stock
2025-09-05$6.59/sh−1,482$9,766→ 451,665 total - Tax Payment
Common Stock
2025-09-04$6.49/sh−1,058$6,866→ 450,230 total
Footnotes (5)
- [F1]Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
- [F2]The Company withheld 1,058 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 4, 2025 of $6.49. This transaction does not represent a sale by the reporting person.
- [F3]The RSUs will 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.
- [F4]The Company withheld 1,482 shares of common stock for payment of the associated payroll taxes, using the closing stock price on September 5, 2025 of $6.59. This transaction does not represent a sale by the reporting person.
- [F5]The 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.