Crexendo Reports Executive Changes/Compensation on Feb 5
Ticker: CXDO · Form: 8-K · Filed: Feb 12, 2024 · CIK: 1075736
| Field | Detail |
|---|---|
| Company | Crexendo, Inc. (CXDO) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | mixed |
Complexity: simple
Sentiment: mixed
Topics: executive-change, compensation, corporate-governance
TL;DR
**Crexendo filed an 8-K about executive changes or pay on Feb 5, watch for details.**
AI Summary
Crexendo, Inc. filed an 8-K on February 12, 2024, reporting an event that occurred on February 5, 2024. This filing indicates a change in the company's leadership or executive compensation arrangements, as per Item 5.02, "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers." This matters to investors because changes in executive leadership or their compensation can signal shifts in company strategy, financial health, or future performance, potentially impacting stock valuation.
Why It Matters
Changes in executive leadership or their compensation can signal shifts in company strategy, financial health, or future performance, potentially impacting stock valuation.
Risk Assessment
Risk Level: medium — The filing indicates significant changes in executive personnel or compensation, which can introduce uncertainty regarding future company direction and stability.
Analyst Insight
A smart investor would monitor Crexendo's subsequent filings or press releases for specific details regarding the executive changes or compensation arrangements to understand the implications for company strategy and financial outlook.
Key Players & Entities
- Crexendo, Inc. (company) — the registrant filing the 8-K
- February 5, 2024 (date) — date of the earliest event reported
- February 12, 2024 (date) — date the 8-K was filed
Forward-Looking Statements
- Further details regarding the specific executive changes or compensation arrangements will be disclosed in subsequent filings or company announcements. (Crexendo, Inc.) — high confidence, target: Q1 2024
FAQ
What specific event did Crexendo, Inc. report in this 8-K filing?
Crexendo, Inc. reported an event under Item 5.02, titled "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers," which occurred on February 5, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 5, 2024.
What is the filing date of this 8-K?
The 8-K was filed on February 12, 2024.
What is Crexendo, Inc.'s business address as stated in the filing?
Crexendo, Inc.'s business address is 1615 S. 52nd Street, Tempe, AZ 85281.
What is the Commission File Number for Crexendo, Inc.?
The Commission File Number for Crexendo, Inc. is 001-32277.
Filing Stats: 775 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2024-02-09 19:00:52
Filing Documents
- cxdo_8k.htm (8-K) — 25KB
- cxdo_ex101.htm (EX-10.1) — 58KB
- cxdo_ex102.htm (EX-10.2) — 57KB
- cxdo_ex103.htm (EX-10.3) — 58KB
- cxdo_ex104.htm (EX-10.4) — 59KB
- cxdo_ex105.htm (EX-10.5) — 59KB
- cxdo_ex106.htm (EX-10.6) — 59KB
- 0001654954-24-001554.txt ( ) — 573KB
- cxdo-20240205.xsd (EX-101.SCH) — 6KB
- cxdo-20240205_lab.xml (EX-101.LAB) — 12KB
- cxdo-20240205_cal.xml (EX-101.CAL) — 1KB
- cxdo-20240205_pre.xml (EX-101.PRE) — 8KB
- cxdo-20240205_def.xml (EX-101.DEF) — 2KB
- cxdo_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibits. 10.1 Employment Agreement with Jeff Korn 10.2 Employment Agreement with Doug Gaylor 10.3 Employment Agreement with Ron Vincent 10.4 Employment Agreement with Jon Brinton 10.5 Employment Agreement with Anand Buch 10.6 Employment Agreement with David Wang 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 9, 2024 Crexendo, Inc. /s/ Ronald Vincent By: Ronald Vincent Chief Financial Officer 3