Brinton Jon 4

What Happened
Jon Brinton, Chief Revenue Officer of Crexendo, reported two open-market sales totaling 30,000 shares for combined proceeds of roughly $313,717. On 2026-05-29 he sold 10,000 shares at a weighted average price of $9.99 for $99,861. On 2026-06-01 he sold 20,000 shares at a weighted average price of $10.69 for $213,856. These were outright sales (not purchases or option exercises) and are generally treated as routine insider selling.

Key Details

• Transaction dates and prices:
  • 2026-05-29: 10,000 shares sold at weighted avg $9.99 (price range reported: $9.9801–$9.9901). Proceeds ~$99,861. (Footnote F2)
  • 2026-06-01: 20,000 shares sold at weighted avg $10.69 (price range reported: $10.2701–$11.0762). Proceeds ~$213,856. (Footnote F3)
• Total shares sold: 30,000; total proceeds: ≈ $313,717.
• Plan disclosure: The 5/29 sale was made pursuant to a Rule 10b5-1 plan established March 8, 2024; the plan was adopted when Mr. Brinton was not aware of material nonpublic information. (Footnote F1)
• Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for post-transaction holdings.
• Filing: Report filed with accession 0001654954-26-005629 on 2026-06-02. No late-filing flag was provided in the material you supplied.

Context

• Sales done under a 10b5-1 plan are pre-arranged and are commonly used to avoid trading on material nonpublic information; they are typically considered routine rather than a direct signal of changed sentiment.
• For retail investors, purchases by insiders tend to be more informative than routine sales. These reported transactions are disposals (S = Sale) and do not involve option exercises, gifts, or awards.