Ron Vincent, Chief Financial Officer of Crexendo, Inc. (NASDAQ:CXDO), filed a Form 4 on October 27, 2026, reporting restricted stock unit vestings and related tax-withholding share disposals across October 25 and October 27, 2026.

Key Highlights

  • Three RSU tranches vested: 278 shares vested on October 25, 2026 from one grant, 278 shares vested on October 25, 2026 from a second grant, and 1,111 shares vested on October 27, 2026 from a third grant, each at $0 conversion price.
  • Tax-withholding disposals: The company withheld 118 shares on October 25, 2026 at $5.75 per share and 471 shares on October 27, 2026 at $5.90 per share for payroll tax obligations.
  • No open-market sales: According to the filing, the share disposals "do not represent a sale by the reporting person."
  • Resulting beneficial ownership: Vincent directly owned 142,670 shares of common stock following the October 27, 2026 transactions.
  • Remaining RSU balances: After the vestings, Vincent held 4,446, 6,390, and 34,446 RSUs remaining from the three respective grants, according to the filing.
  • Vesting schedules: The three RSU grants vest in equal monthly installments over 36 months, starting March 25, 2025, October 25, 2025, and June 27, 2026, respectively, subject to continuous employment.

Crexendo CFO's RSU Vestings and Tax-Withholding Details

According to the Form 4 filed with the SEC, Ron Vincent, Chief Financial Officer of Crexendo, Inc. (NASDAQ:CXDO), reported six transactions in common stock across two dates in late October 2026. On October 25, 2026, two separate RSU grants each released 278 shares via transaction code M, representing the conversion of restricted stock units into common stock at $0. Simultaneously, the company withheld 118 shares under transaction code F at a closing price of $5.75 per share to cover payroll tax obligations associated with those vestings.

On October 27, 2026, a third RSU grant vested, releasing 1,111 shares at $0, also coded M in Table I. The company withheld 471 shares at a closing price of $5.90 per share for the associated payroll taxes, coded F. The filing states explicitly that neither the October 25 nor the October 27 withholding transactions represent a sale by the reporting person. Following all reported transactions, Vincent's direct beneficial ownership stood at 142,670 shares of Crexendo common stock.

The filing's Table II shows that following the October 25 vestings, Vincent retained 4,446 RSUs from the first grant and 6,390 RSUs from the second. After the October 27 vesting, he retained 34,446 RSUs from the third grant. Each RSU, as described in the filing's Explanation of Responses, "represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment." All three grants vest in equal monthly installments over 36 months, subject to continuous employment, with shares delivered upon vesting.

What Was Disclosed

Ron Vincent, CFO of Crexendo, Inc. (NASDAQ:CXDO), disclosed RSU vestings totaling 1,667 shares across October 25-27, 2026, with 589 shares withheld for payroll taxes, leaving direct beneficial ownership of 142,670 shares as of October 27, 2026.