8x8 Inc. (NASDAQ: EGHT) director sells 20,207 shares to cover taxes
Rhea-AI Filing Summary
8x8 Inc. director Elizabeth Harriet Theophille reported selling 20,207 shares of Common Stock on July 27, 2026 at $1.81 per share.
According to the disclosure, these shares were automatically sold to satisfy her tax obligation on recently vested equity awards, and she now holds 167,086 shares directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,207 shares
Net Sell
1 txn
Insider
Theophille Elizabeth Harriet
Role
Director
Sold
20,207 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 20,207 | $1.81 | $37K |
Holdings After Transaction:
Common Stock — 167,086 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock automatically sold to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of an equity award, as previously reported.
Key Figures
Shares sold: 20,207 shares
Sale price: $1.81 per share
Shares owned after sale: 167,086 shares
3 metrics
Shares sold
20,207 shares
Common Stock sold on July 27, 2026 by director Elizabeth Harriet Theophille
Sale price
$1.81 per share
Price for the 20,207 shares of Common Stock sold
Shares owned after sale
167,086 shares
Direct Common Stock holdings after the reported transaction
Key Terms
equity award, vesting, tax obligation
3 terms
equity award financial
"shares issued upon vesting of an equity award, as previously reported"
An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.
vesting financial
"shares of common stock automatically sold to satisfy tax on shares issued upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax obligation financial
"automatically sold to satisfy the reporting person's tax obligation in respect of the shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did 8x8 (EGHT) report for Elizabeth Harriet Theophille?
8x8 reported that director Elizabeth Harriet Theophille sold 20,207 shares of Common Stock on July 27, 2026 at $1.81 per share. The sale was linked to tax obligations on recently vested equity awards.
What type of security was involved in Elizabeth Harriet Theophille’s 8x8 (EGHT) transaction?
The transaction involved Common Stock of 8x8, Inc. She sold 20,207 shares at $1.81 per share, with the sale described as automatically executed to cover taxes on vested equity awards.