Buch Anand 4

What Happened

• Anand Buch, Crexendo's Chief Strategy Officer, reported three sales of company stock. He sold 40,000 shares on 2026-03-11 at $6.74 ($269,400), 28,000 shares on 2026-03-13 at $6.35 ($177,800), and 20,000 shares on 2026-03-13 at $6.60 ($132,000), for total proceeds of approximately $579,200. These transactions are reported as sales (code S) and were executed in open-market/private-sale transactions.

Key Details

• Transaction dates and prices:
  • 2026-03-11: 40,000 shares @ $6.74 — $269,400
  • 2026-03-13: 28,000 shares @ $6.35 — $177,800
  • 2026-03-13: 20,000 shares @ $6.60 — $132,000
• Total shares sold: 88,000; total proceeds: ~$579,200; weighted average price ≈ $6.58.
• Shares owned after transaction: Not disclosed in the provided filing.
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied data.
• Filing: Form 4 filed 2026-03-13 covering transactions through 2026-03-11 — appears to be timely (not marked late).

Context

• These are outright sales, which are often routine insider liquidity events and do not by themselves indicate company performance or insider sentiment. For retail investors, purchases are generally more informative; sales can reflect personal financial planning. No derivative exercises, gifts, or option-related activity were reported in the supplied transaction details.