CXDO - Breaking Update: Anand Buch Engages In Options Exercise At Crexendo | Benzinga
Disclosed in a recent SEC filing on June 17, Buch, Chief Strategy Officer at Crexendo (NASDAQ:CXDO), made a noteworthy transaction involving the exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Monday revealed that Buch, Chief Strategy Officer at Crexendo in the Information Technology sector, exercised stock options for 11,950 shares of CXDO stock. The exercise price of the options was $0.91 per share.
Currently, Crexendo shares are trading up 0.98%, priced at $3.08 during Tuesday's morning. This values Buch's 11,950 shares at $25,931.
Get to Know Crexendo Better
Crexendo Inc is a provider of cloud communications, UCaaS, call centers, collaboration services, and other cloud business services. The company operates through two segments: Cloud telecommunications and Software Solutions. Its cloud telecommunications segment offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over any high-speed Internet connection. The Software Solutions segment is involved in revenue generation from software licenses, software maintenance support and professional services. It generates subscription and maintenance support revenue from customer support and other supportive services. The company offers warranties on its products. It derives a majority of revenue from the Cloud telecommunications segment.
Unraveling the Financial Story of Crexendo
Revenue ...