Brinton Jon 4
4 · Crexendo, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Crexendo (CXDO) CRO Jon Brinton Sells 10,000 Shares
What Happened
Jon Brinton, Chief Revenue Officer of Crexendo, sold 10,000 shares on May 14, 2026 at $9.65 per share, generating proceeds of approximately $96,500. The filing shows this was a disposition (sale), which is often routine and not necessarily a signal about the company’s prospects.
Key Details
- Transaction date and price: May 14, 2026 — 10,000 shares at $9.65 each.
- Total proceeds: ~ $96,500.
- Mechanism: Reported as an open-market or private sale (code S).
- Plan/footnote: Sale executed under a Rule 10b5-1 trading plan established March 8, 2024; Brinton stated he was not aware of material nonpublic information when the plan was entered.
- Filing date and timeliness: Form 4 filed May 18, 2026 (filed within the typical 2-business-day window following the May 14 trade).
- Shares owned after transaction: Not specified in the provided filing details.
Context
A 10b5-1 plan lets insiders set predetermined trades in advance; transactions under such plans are generally viewed as prearranged and reduce the likelihood the trade was based on undisclosed information. For retail investors, purchases typically carry more informational weight than routine sales, but this sale does reduce Brinton’s stake by 10,000 shares.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-14$9.65/sh−10,000$96,500→ 104,795 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.