Wang David Tzat-kin 4

What Happened

• Wang David Tzat-kin (Chief Technology Officer) sold a total of 20,482 Crexendo shares in two open-market transactions on March 9, 2026.
  • 18,606 shares sold at $7.00 each for $130,242.
  • 1,876 shares sold at $7.01 each for $13,151.
• Aggregate proceeds from the sales were approximately $143,393. These were outright sales (transaction code S), not purchases or option exercises.

Key Details

• Transaction date: 2026-03-09 (filed with the SEC on 2026-03-10).
• Prices: $7.00 (18,606 shares) and $7.01 (1,876 shares).
• Total shares sold: 20,482; total proceeds: ~$143,393.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes/plan disclosure: none shown in the provided data (no 10b5-1 plan, tax withholding, or exercise noted).
• Filing timeliness: Report filed one day after the trades (appears timely under the SEC’s two-business-day reporting rule).

Context

• These were open-market sales, which are common for executives for reasons such as diversification, liquidity needs, or tax planning; the filing itself does not state the motivation. Sales do not necessarily indicate a negative view on the company’s prospects.