Jeffrey G. Korn, Chief Executive Officer of CXDO, has filed 93 Form 4 transactions, all in that single company. The pattern is entirely one-directional in terms of open-market activity: he has zero purchases and zero acquisitions by value. The total sell value is $1,293,085.60, but that figure is composed entirely of code "F" transactions, which are shares withheld by the issuer to cover tax obligations. These are automatic, not discretionary sales.
The recent trades, spanning June through September 2026, show a mechanical rhythm. Each date pairs a code "M" (option exercise, valued at $0) with a code "F" (tax withholding). For example, on September 5, 2026, he exercised options and had $7,320.18 withheld. On September 4, there were three separate M/F pairs, with withholdings of $8,534.20, $408.68, and $7,320.18. The amounts are small, ranging from roughly $408 to $8,534, and they cluster around the 4th, 25th, and 27th of each month, which suggests a scheduled vesting or exercise calendar.
There is no evidence of a selling bias in the sense of a CEO cashing out. The code "S" for open-market sales does not appear in the recent data, and the total sell value is an artifact of tax withholding mechanics. Korn is not buying shares with his own money, but he is also not dumping stock. The activity is consistent with routine equity compensation: exercise, immediate withholding, and no net cash proceeds to him. The direction is flat, with no recent open-market purchase or sale to signal conviction either way.
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