Exercise4

Crexendo, Inc.

Total Value

$2.7K

Filing Date

Oct 27, 2026

1 transactions

Trade Summary

On Oct 25, 2026 through Oct 27, 2026, Gaylor Douglas Walter, Insider, reported $2.7K of Crexendo, Inc. (CXDO) across 1 transactions. The filing covers Common Stock and reflects balanced net activity of $0. Reported prices ranged from $5.75 to $5.90. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Insider Information

Name: Gaylor Douglas Walter
Role: Insider
Location: TEMPE, AZ

Filing Details

Filing Date: Oct 27, 2026
Transaction Date: Oct 25, 2026
Accession Number: 0001075736-26-000121
Form Type: 4

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Oct 25, 2026	Common Stock	278	—	Exercise	—
Oct 25, 2026	Common Stock	77	$5.75	Tax Withholding	$443
Oct 25, 2026	Common Stock	278	—	Exercise	—
Oct 25, 2026	Common Stock	76	$5.75	Tax Withholding	$437
Oct 27, 2026	Common Stock	1,111	—	Exercise	—
Oct 27, 2026	Common Stock	304	$5.90	Tax Withholding	$1.8K

Derivative Transactions

Date	Security	Shares	Exercise Price	Type	Value
Oct 25, 2026	CXDO derivative	278	—	Exercise	—
Oct 25, 2026	CXDO derivative	278	—	Exercise	—
Oct 27, 2026	CXDO derivative	1,111	—	Exercise	—

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Footnotes

(F1)Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.
(F2)The Company withheld 77 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 25, 2026 of $5.75. This transaction does not represent a sale by the reporting person.
(F3)The Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 25, 2026 of $5.75. This transaction does not represent a sale by the reporting person.
(F4)The Company withheld 304 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 27, 2026 of $5.90. This transaction does not represent a sale by the reporting person.
(F5)The RSUs will vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
(F6)The RSUs will vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.
(F7)The RSUs will vest in equal monthly installments over 36 months starting on June 27, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gaylor Douglas Walter

(Last)

(First)

(Middle)

1225 W WASHINGTON ST

STE 213

(Street)

TEMPE

85288

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Crexendo, Inc. [ CXDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/25/2026		M		278	A	$0⁽¹⁾	250,731	D
Common Stock	10/25/2026		F⁽²⁾		77	D	$5.75	250,654	D
Common Stock	10/25/2026		M		278	A	$0⁽¹⁾	250,932	D
Common Stock	10/25/2026		F⁽³⁾		76	D	$5.75	250,856	D
Common Stock	10/27/2026		M		1,111	A	$0⁽¹⁾	251,967	D
Common Stock	10/27/2026		F⁽⁴⁾		304	D	$5.9	251,663	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	10/25/2026		M			278	⁽⁵⁾	⁽⁵⁾	Common Stock	278	$0	4,446	D
Restricted Stock Units	$0⁽¹⁾	10/25/2026		M			278	⁽⁶⁾	⁽⁶⁾	Common Stock	278	$0	6,390	D
Restricted Stock Units	$0⁽¹⁾	10/27/2026		M			1,111	⁽⁷⁾	⁽⁷⁾	Common Stock	1,111	$0	34,446	D

Explanation of Responses:

1. Each RSU represents the right to receive, upon vesting, one share of CXDO common stock contingent on continued employment.

2. The Company withheld 77 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 25, 2026 of $5.75. This transaction does not represent a sale by the reporting person.

3. The Company withheld 76 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 25, 2026 of $5.75. This transaction does not represent a sale by the reporting person.

4. The Company withheld 304 shares of common stock for payment of the associated payroll taxes, using the closing stock price on October 27, 2026 of $5.90. This transaction does not represent a sale by the reporting person.

5. The RSUs will vest in equal monthly installments over 36 months starting on March 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

6. The RSUs will vest in equal monthly installments over 36 months starting on October 25, 2025 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

7. The RSUs will vest in equal monthly installments over 36 months starting on June 27, 2026 until such time as the RSUs are 100% vested, subject to continuous employment. Shares will be delivered upon vesting.

	/s/Douglas Walter Gaylor	10/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001075736-26-000121.

Crexendo, Inc.

Trade Summary

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

SEC Form 4