Crexendo (CXDO) CTO Wang David Tzat-kin Sells 25,000 Shares

What Happened
Wang David Tzat-kin, Chief Technology Officer of Crexendo, Inc. (CXDO), sold 25,000 shares in an open-market or private sale on 2026-08-27 at $6.50 per share, for total proceeds of $162,500. This was a sale (transaction code S), which is often a routine disposition and not necessarily a signal about company prospects.

Key Details

• Transaction date: 2026-08-27
• Transaction type and code: Open market or private sale (S)
• Price and size: 25,000 shares at $6.50 per share; proceeds = $162,500
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes/notes: No 10b5-1 plan, tax withholding, or option exercise noted in the provided data
• Filing date vs. trade date: Form filed 2026-09-01 — about five days after the trade; this exceeds the typical 2-business-day Form 4 reporting window and may represent a late filing

Context
Sales by executives can be for many reasons (personal liquidity, diversification, tax planning) and do not alone indicate management’s view of the business. There’s no indication this was an option exercise or a disposition under a 10b5-1 plan based on the provided information. Retail investors should note the late filing timing and consider checking the full SEC filing (Accession 0001075736-26-000092) for any additional detail or footnotes.