8x8 director plans Rule 144 sale of 107K shares
8X8, Inc. (EGHT) director Andrew Burton has filed a Form 144 indicating an intention to sell 107,085 shares of the company’s common stock under Rule 144.
Rhea-AI Filing Summary
8X8, Inc. (EGHT) director Andrew Burton has filed a Form 144 indicating an intention to sell 107,085 shares of the company’s common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on NASDAQ, with an indicated aggregate value of approximately $194,241.48 as of September 11, 2026. The securities were acquired upon the vesting of restricted stock during the period from July 25, 2025 through July 25, 2026.
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Key Figures
Shares proposed for sale: 107,085 shares
Aggregate market value: $194,241.48
Proposed sale date: September 11, 2026
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4 metrics
Shares proposed for sale
107,085 shares
Common stock covered by Andrew Burton’s Form 144 notice
Aggregate market value
$194,241.48
Value listed for the 107,085 shares as of September 11, 2026
Proposed sale date
September 11, 2026
Date tied to the intended sale of the shares
Restricted stock vesting period
July 25, 2025 – July 25, 2026
Period during which the restricted stock vested before acquisition
Key Terms
Form 144, Rule 144, restricted stock
3 terms
Form 144 regulatory
"director Andrew Burton has filed a Form 144 indicating an intention"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Rule 144 regulatory
"securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"The securities to be sold were acquired upon the vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for EGHT?
It discloses that director Andrew Burton has notified of a planned sale of 107,085 shares of 8X8, Inc. common stock under Rule 144, with an indicated aggregate value of about $194,241.48, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.