8x8 CEO has 19K shares withheld for taxes
8X8’s CEO had shares withheld to cover RSU tax obligations, leaving him with over 2.5 million directly held shares.
Rhea-AI Filing Summary
8X8 Inc. (EGHT) reported that Chief Executive Officer Samuel C. Wilson had 19,080 shares of common stock withheld on September 15, 2026 to satisfy income tax obligations in connection with the net settlement of Restricted Stock Units. This withholding did not represent an open-market sale, and Wilson now directly holds 2,552,626 shares of 8X8 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 19,080 shares
Tax Withholding
1 txn
Insider
Wilson Samuel C.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 19,080 | $1.83 | $35K |
Holdings After Transaction:
Common Stock — 2,552,626 shares (Direct)
Footnotes (1)
- F1. 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 Restricted Stock Units ("RSUs") and does not represent a sale by the reporting person.
Key Figures
Shares withheld for tax: 19,080 shares
Per-share value for withholding: $1.83 per share
Shares owned after transaction: 2,552,626 shares
+1 more
4 metrics
Shares withheld for tax
19,080 shares
Common stock withheld on September 15, 2026 to satisfy income tax withholding for RSU net settlement
Per-share value for withholding
$1.83 per share
Value used for the 19,080 shares withheld on September 15, 2026
Shares owned after transaction
2,552,626 shares
Directly held EGHT common shares by CEO after the September 15, 2026 withholding
Code F tax-withholding shares
19,080 shares
Reported as payment of tax liability by delivering or withholding securities
Key Terms
Restricted Stock Units ("RSUs"), net settlement, income tax withholding
3 terms
Restricted Stock Units ("RSUs") financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EGHT report for CEO Samuel C. Wilson?
EGHT reported that CEO Samuel C. Wilson had 19,080 shares of common stock withheld on September 15, 2026 to cover income tax liabilities from the net settlement of RSUs; this was not an open-market sale.
Was the EGHT CEO’s Form 4 transaction made under a Rule 10b5-1 plan?
The filing indicates that the Rule 10b5-1 checkbox is not marked, so the reported RSU-related tax withholding was not affirmed as occurring under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.