Gaylor Douglas Walter 4/A

What Happened
Gaylor Douglas Walter, Chief Operating Officer of Crexendo, sold 10,000 shares on May 4, 2026. The reported weighted average sale price was $8.15 per share, for total proceeds of approximately $81,541. This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date: 2026-05-04; reported price: weighted average $8.15 (individual trades ranged $8.1401–$8.1601).
• Amount sold: 10,000 shares; proceeds: ~$81,541.
• Reported under transaction code: S (sale). The original Form 4 filed May 6, 2026 incorrectly coded this as a purchase (P); this Form 4/A (filed June 24, 2026) corrects that code. No other information was amended.
• Footnote: Sale was made pursuant to a Rule 10b5‑1 trading plan entered December 11, 2024; at plan inception the insider stated he was not aware of material nonpublic information.
• Shares owned after the transaction: not provided in the excerpt supplied.

Context
Sales executed under a Rule 10b5‑1 plan are typically prearranged and do not necessarily indicate current insider sentiment. This amendment corrects reporting metadata (purchase → sale) and does not change the economic facts of the transaction.