8x8 CFO has 8,480 shares withheld for taxes
8x8’s CFO had shares withheld to cover RSU-related taxes, with direct holdings now just over 939,000 shares.
Rhea-AI Filing Summary
8X8 Inc. (EGHT) reported that Chief Financial Officer Kevin Kraus had 8,480 shares of common stock withheld on September 15, 2026 to satisfy income tax withholding and remittance obligations related to the net settlement of Restricted Stock Units. After this tax-withholding event, he directly holds 939,192 shares of 8x8 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 8,480 shares
Tax Withholding
1 txn
Insider
Kraus Kevin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 8,480 | $1.83 | $16K |
Holdings After Transaction:
Common Stock — 939,192 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 taxes: 8,480 shares
Withholding reference price: $1.83 per share
Shares held after transaction: 939,192 shares
3 metrics
Shares withheld for taxes
8,480 shares
Common stock withheld on September 15, 2026 to satisfy income tax withholding on RSUs
Withholding reference price
$1.83 per share
Value applied to the 8,480 shares withheld for RSU-related tax obligations
Shares held after transaction
939,192 shares
Direct common stock holdings of CFO Kevin Kraus following the tax-withholding event
Key Terms
Restricted Stock Units, net settlement, income tax withholding, remittance obligations
4 terms
Restricted Stock Units financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
income tax withholding financial
"to satisfy its income tax withholding and remittance obligations"
remittance obligations financial
"to satisfy its income tax withholding and remittance obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did 8X8 (EGHT) report for CFO Kevin Kraus?
CFO Kevin Kraus reported a transaction where 8,480 shares of 8x8 common stock were withheld on September 15, 2026 to cover income tax obligations arising from the net settlement of Restricted Stock Units.
What was the price used for the 8X8 (EGHT) RSU tax withholding?
The tax-withholding disposition of 8,480 shares of 8x8 common stock was valued at $1.83 per share, according to the Form 4 disclosure.
Was the 8X8 (EGHT) CFO’s Form 4 transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmatively adopted trading plan, and no footnote indicates that the tax-withholding transaction was executed under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.