Ron Vincent, Chief Financial Officer of Crexendo, Inc. (NASDAQ:CXDO), filed a Form 4 on November 6, 2026, disclosing transactions dated November 4, 2026, involving the vesting of restricted stock units and a related share withholding for tax purposes.

Key Highlights

  • RSU vesting: 278 restricted stock units were converted to common stock on November 4, 2026, at a price of $0, acquired by the reporting person.
  • Tax withholding: The company withheld 118 shares of common stock to cover payroll taxes, using a closing stock price of $5.24 on November 4, 2026.
  • Resulting ownership: Following both transactions, Ron Vincent directly held 142,830 shares of common stock.
  • Remaining RSUs: 7,501 restricted stock units remain beneficially owned directly by the reporting person after the reported transactions.
  • Vesting schedule: According to the filing, the RSUs vest in equal monthly installments over 36 months starting March 4, 2026, subject to continuous employment.

Crexendo CFO Discloses RSU Vesting and Tax Withholding Transaction

According to the Form 4 filed with the SEC on November 6, 2026, Ron Vincent, serving as Chief Financial Officer of Crexendo, Inc., reported two transactions in common stock on November 4, 2026. The first was an acquisition of 278 shares via transaction code "M," reflecting the vesting of restricted stock units at $0 per share. The filing notes that "each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment."

The second transaction, coded "F," involved the disposal of 118 shares at $5.24 per share. The filing states that "the Company withheld 118 shares of common stock for payment of the associated payroll taxes, using the closing stock price on November 4, 2026 of $5.24," and explicitly notes that "this transaction does not represent a sale by the reporting person." Following both transactions, Vincent's direct beneficial ownership of common stock stood at 142,830 shares.

In Table II, the filing reports that 278 derivative securities (restricted stock units) were disposed of via the vesting event, leaving Vincent with 7,501 RSUs directly held. The filing discloses that the RSUs 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," with shares delivered upon vesting.

What Was Disclosed

Crexendo's CFO Ron Vincent reported the vesting of 278 RSUs and a company-withheld tax share disposal of 118 shares at $5.24 on November 4, 2026, resulting in direct ownership of 142,830 common shares and 7,501 remaining RSUs.