Crexendo CEO Sells Over $641K in Stock, Including Open Market Sale
CXDO sits 94% above its 52-week low of $5.08.
Summary
Crexendo CEO Jeffrey Korn sold over $641,000 in company stock, comprising an open market sale and shares from option exercises, contributing to a pattern of insider selling near the stock's 52-week high.
Key Events · Ownership and Investor Activity · CXDO
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CEO Stock Sales
Jeffrey Korn, CEO, sold a total of $641,602 worth of common stock. This includes an open market sale of 39,500 shares for $393,025 and the disposition of 40,056 shares acquired through option exercises for $247,270.
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New RSU Grant
The CEO also received a grant of 40,000 Restricted Stock Units (RSUs) which will vest in equal monthly installments over 36 months starting June 27, 2026.
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Trading Near 52-Week High
These sales occurred while Crexendo's stock is trading near its 52-week high of $10.04, potentially indicating profit-taking by the executive.
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Broader Insider Selling Trend
This transaction follows other recent insider selling, including a $735,970 sale by the CFO on May 28, 2026, contributing to a net distribution signal from insiders over the last 90 days.
Analysis · CXDO · Technology
Crexendo's CEO, Jeffrey Korn, engaged in significant selling activity, disposing of over $641,000 worth of company stock. This includes an open market sale of $393,025 and the disposition of shares acquired through option exercises. This selling occurs while the stock is trading near its 52-week high, suggesting profit-taking by a key executive. This transaction adds to a recent trend of insider selling at the company.
At the time of this filing, CXDO was trading at $9.86 on NASDAQ in the Technology sector, with a market capitalization of approximately $317M. The 52-week trading range was $5.08 to $10.04. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.