MIHAYLO STEVEN G 4

What Happened

• Steven G. Mihaylo, a reported 10% owner of Crexendo, Inc. (CXDO), sold a total of 64,994 shares in a series of open-market dispositions between March 6 and March 10, 2026. The sales occurred at prices between $6.79 and $7.06, generating approximately $450,856 in proceeds.
• Individual trades reported: 25,000 shares @ $6.79 ($169,750); 10,000 @ $7.00 ($70,000); 10,000 @ $7.05 ($70,500); 1,557 @ $7.06 ($10,992); 18,213 @ $7.03 ($128,037); 224 @ $7.04 ($1,577). All transactions are sales (dispositions).

Key Details

• Dates and prices: Mar 6, 2026 (25,000 @ $6.79; 10,000 @ $7.00); Mar 9, 2026 (10,000 @ $7.05); Mar 10, 2026 (1,557 @ $7.06; 18,213 @ $7.03; 224 @ $7.04).
• Total shares sold: 64,994; total proceeds: ≈ $450,856.
• Shares owned after transaction: not provided in the data supplied.
• Footnotes/plan status: no 10b5-1 plan, tax-withholding, or other footnotes were provided in the transaction list supplied.
• Filing timeliness: Form 4 was filed on Mar 10, 2026; transactions occurred Mar 6–10, 2026, so the filing falls within the typical two-business-day reporting window and is not indicated as late.

Context

• These were open-market sales by a 10% owner (principal disposition), which are often liquidity or portfolio-management actions rather than signals about company operations. The filings show dispositions only — no purchases, option exercises, or awards were reported in the provided data.