Brinton Jon 4
Research Summary
AI-generated summary
Crexendo (CXDO) CRO Jon Brinton Sells 5,000 Shares
What Happened
Jon Brinton, Chief Revenue Officer of Crexendo, sold 5,000 shares in an open-market transaction on 2026-05-26 at $9.85 per share, for a total transaction value of $49,250. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-05-26; Price: $9.85 per share; Shares sold: 5,000; Proceeds: $49,250.
- Transaction type: Sale (open market / coded "S").
- Filing: Form 4 filed 2026-05-27 reporting the 2026-05-26 transaction (appears timely based on provided dates).
- Shares owned after transaction: Not specified in the supplied filing summary.
- Footnote: The sale was made under a Rule 10b5-1(c) trading plan established March 8, 2024; the plan was entered when Mr. Brinton was not aware of material nonpublic information.
Context
Sales under pre-established 10b5-1 plans are scheduled trades that often reduce the informational significance of the transaction. In general, purchases tend to be more informative about insider sentiment than routine sales; this filing documents a routine sale executed under an existing plan rather than a discretionary trade made at the time.