Brinton Jon 4
4 · Crexendo, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Crexendo (CXDO) CRO Jon Brinton Sells 114,795 Shares
What Happened
Jon Brinton, Chief Revenue Officer of Crexendo, sold 114,795 shares of CXDO on May 6, 2026, at $9.14 per share, generating proceeds of approximately $1,049,226. The filing reports this as a sale (code S) and indicates the transaction was made pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-06; Filing date: 2026-05-07 (filed promptly the next day).
- Price and proceeds: 114,795 shares at $9.14 each; total ≈ $1,049,226.
- Shares owned after transaction: not stated in the information provided.
- Footnote: Sale executed under a Rule 10b5-1(c) plan adopted March 8, 2024; at plan entry Mr. Brinton stated he was not aware of material nonpublic information.
- Transaction type: Sale (S), reported as open-market or private sale in the filing.
Context
Insider sales are common and can be routine (e.g., diversification, pre-set plans, tax events); they are not by themselves definitive signals about company performance. A Rule 10b5-1 plan indicates the sale was pre-planned and intended to avoid trading on material nonpublic information. Purchases generally carry more weight for signaling than sales.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-06$9.14/sh−114,795$1,049,226→ 114,795 total
Footnotes (1)
- [F1]This sale was made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 8, 2024, at which time Mr. Brinton was not aware of material nonpublic information.