8x8 CAO records PSU vesting and tax withholding
8x8, Inc. Chief Accounting Officer Suzy M. Seandel reported equity-based compensation activity involving performance share units (PSUs).
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Rhea-AI Filing Summary
8x8, Inc. Chief Accounting Officer Suzy M. Seandel reported equity-based compensation activity involving performance share units (PSUs). On May 27, 2026, two PSU tranches vested, creating 25,899 and 27,472 shares of Common Stock, which were recorded as acquisitions under grant and award transactions.
To cover related income tax obligations on these vested PSUs, the company withheld 13,177 and 13,977 shares, respectively, at a reference price of $2.12 per share, which the disclosure specifies does not represent open-market sales by Seandel. After these transactions, she directly held between about 448,689 and 476,161 shares as shown by the post-transaction ownership entries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,899 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,177 | $2.12 | $28K |
| Grant/Award | Common Stock | 27,472 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,977 | $2.12 | $30K |
Footnotes (3)
- F1. The reporting person was awarded 70,000 performance share units (PSUs) on September 15, 2024, which were eligible to vest in three equal installments based on achievement of each associated performance goal. On May 27, 2026, the second installment of 23,333 PSUs vested at 111% of target, such that 25,899 shares became issuable. Of these shares, 12,722 were issued to the reporting person and the remaining 13,177 were withheld to pay the associated tax liability.
- F2. Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the vested PSUs and does not represent a sale by the reporting person.
- F3. The reporting person was awarded 74,250 performance share units (PSUs) on June 6, 2025, which were eligible to vest in three equal installments based on achievement of each associated performance goal. On May 27, 2026, the first installment of 24,750 PSUs vested at 111% of target, such that 27,472 shares became issuable. Of these shares, 13,495 were issued to the reporting person and the remaining 13,977 were withheld to pay the associated tax liability.
Key Figures
Key Terms
vested at 111% of target financial
net settlement financial
income tax withholding financial
grant, award, or other acquisition financial
FAQ
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What did 8x8 (EGHT) Chief Accounting Officer Suzy Seandel report in this Form 4?
Were any of Suzy Seandel’s 8x8 (EGHT) Form 4 transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.