Brinton Jon 4

4 · Crexendo, Inc. · Filed Jun 8, 2026

AI-generated summary of this filing

Updated Jun 8, 2026

Crexendo (CXDO) CRO Jon Brinton Receives RSUs; Shares Withheld

What Happened

Jon Brinton, Chief Revenue Officer of Crexendo, had restricted stock units (RSUs) convert to common shares on June 4–5, 2026. A total of 9,167 shares were acquired via conversion (reported as derivative conversions at $0.00). To cover payroll taxes, the company withheld 2,416 shares (reported as dispositions) for a cash value of about $20,529 ($6,867 + $7,841 + $5,821).

Key Details

Transaction types: M = exercise/conversion of derivative (RSU vesting); F = payment of exercise price or tax liability (share withholding).
Vesting/conversions reported: 2,917, 3,333, and 2,917 shares (total 9,167) acquired via conversion on 6/4 and 6/5/2026 at $0.00 per share.
Withheld for taxes: 769, 878, and 769 shares (total 2,416) withheld on 6/4–6/5; withholding values reported as $6,867, $7,841, and $5,821 respectively (closing prices $8.93 on 6/4 and $7.57 on 6/5).
These withholding transactions are not open-market sales by the reporting person; they are net share settlements to satisfy payroll tax obligations.
Vesting schedules noted in the filing: the RSU awards vest quarterly over 12 quarters (start dates: 6/5/2024, 6/4/2025, and 6/4/2026) subject to continuous employment.
Filing date 2026-06-08 for transactions on 2026-06-04 and 2026-06-05 — no late filing is indicated.

Context

These transactions reflect RSU vesting and net share withholding (common for tax payment), not market sales or purchases. The reporting code M indicates conversion/settlement of derivative awards; code F reflects shares withheld to satisfy tax liabilities. The filing does not disclose Brinton’s total shares owned after these transactions.

Form 4

Period: 2026-06-04

Chief Revenue Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-04+2,917→ 72,712 total
Tax Payment
Common Stock
[F2]
2026-06-04$8.93/sh−769$6,867→ 71,943 total
Exercise/Conversion
Common Stock
[F1]
2026-06-04+3,333→ 75,276 total
Tax Payment
Common Stock
[F3]
2026-06-04$8.93/sh−878$7,841→ 74,398 total
Exercise/Conversion
Common Stock
[F1]
2026-06-05+2,917→ 77,315 total
Tax Payment
Common Stock
[F4]
2026-06-05$7.57/sh−769$5,821→ 76,546 total
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-06-04−2,917→ 20,417 total
Exercise: $0.00→ Common Stock (2,917 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F6]
2026-06-04−3,333→ 36,667 total
Exercise: $0.00→ Common Stock (3,333 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F7]
2026-06-05−2,917→ 8,750 total
Exercise: $0.00→ Common Stock (2,917 underlying)

Footnotes (7)

[F1]Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
[F2]The Company withheld 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 4, 2026 of $8.93. This transaction does not represent a sale by the reporting person.
[F3]The Company withheld 878 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 4, 2026 of $8.93. This transaction does not represent a sale by the reporting person.
[F4]The Company withheld 769 shares of common stock for payment of the associated payroll taxes, using the closing stock price on June 5, 2026 of $7.57. This transaction does not represent a sale by the reporting person.
[F5]The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
[F6]The RSUs vest in equal quarterly installments over 12 quarters starting on June 4, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
[F7]The RSUs vest in equal quarterly installments over 12 quarters starting on June 5, 2024 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

Signature

/s/Jon Brinton|2026-06-08

1 file