Crexendo, Inc.: CFO Vincent Ron exercised 278 shares

What happened Vincent Ron, chief financial officer, exercised or converted derivative awards for 278 shares on Oct 4, 2026. The filing shows acquisition of 278 shares at $0.00 and a disposal of 118 shares to satisfy tax withholding at $5.92 per share for a total of $699; the filing also records a derivative disposition entry for 278 shares.

Key details

• Transaction date(s) and price(s): Oct 4, 2026; exercise/conversion price $0.00; tax withholding price $5.92 per share.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1—each RSU represents the right to receive one share upon vesting contingent on continued employment; F2—the company withheld 118 shares for payroll taxes using the Oct 4, 2026 closing price of $5.92 and notes this withholding does not represent a sale by the reporting person; F3—RSUs vest in equal monthly installments over 36 months beginning Mar 4, 2026.
• Filing date: filed Oct 6, 2026 (reporting period Oct 4, 2026).

Why it may matter The filing shows an exercise/conversion with 118 shares withheld to cover payroll taxes (a sell-to-cover withholding) rather than an open-market sale. A filing does not show why the insider traded or why the company acted.