Crexendo COO Douglas Walter Gaylor's April 2026 Stock Transactions and RSU Vesting

2026-04-28SEC Filing 4 (0001654954-26-004033)

This SEC Form 4 filing reports equity transactions by Douglas Walter Gaylor, Chief Operating Officer of Crexendo, Inc. (CXDO), during April 2026. The filing documents the vesting of Restricted Stock Units (RSUs) and subsequent tax withholding transactions. On April 4, 2026, 278 RSUs vested and converted to common stock, with 77 shares withheld for payroll taxes at $6.19 per share. On April 25, 2026, two separate RSU grants vested - 277 shares each, with 76 shares withheld from each grant for taxes at $6.82 per share. The RSUs vest monthly over 36 months, with different start dates for each grant. Following these transactions, Gaylor's direct ownership increased to 271,212 shares of Crexendo common stock. The transactions represent routine equity compensation vesting and tax withholding, not discretionary sales by the officer.