EGHT Form 4: Suzy Seandel Withholds 14,669 Shares to Cover RSU Taxes
Rhea-AI Filing Summary
Suzy M. Seandel, Chief Accounting Officer of 8x8, Inc. (EGHT), reported a transaction dated 09/15/2025 in which 14,669 shares of Common Stock were disposed of through withholding at an effective price of $2.13 per share to satisfy tax withholding on vested Restricted Stock Units (RSUs). The Form 4 shows this withholding is not a sale by the reporting person and lists 438,145 shares beneficially owned following the transaction. The filing was signed by an attorney-in-fact on 09/16/2025. No derivative transactions or additional details are disclosed in the form.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider withholding to cover RSU taxes; no cash sale and no change in strategic ownership indicated.
The Form 4 documents a common administrative disposition where 14,669 shares were withheld to satisfy tax obligations arising from RSU vesting. This reduces the reporting person’s issued shares received but is explicitly described as a withholding rather than an open-market sale, so it does not reflect a liquidity-driven disposition. The reported post-transaction beneficial ownership of 438,145 shares provides a clear snapshot of the officer's stake after net settlement. There are no derivative positions reported and no other transactions disclosed.
TL;DR: Administrative withholding is standard for equity compensation; disclosure is timely and follows Section 16 reporting rules.
The filing identifies Suzy M. Seandel as Chief Accounting Officer and shows the transaction was recorded with a 09/15/2025 execution date and a 09/16/2025 signature by an attorney-in-fact. The explanation clarifies the nature of the disposition as tax withholding related to RSU net settlement. From a governance and compliance perspective, the Form 4 properly distinguishes withholding from a sale, fulfilling reporting obligations without revealing additional governance concerns or compensation plan changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,669 | $2.13 | $31K |
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.
FAQ
What did Suzy M. Seandel report on Form 4 for EGHT?
When was the transaction and who signed the Form 4 for EGHT?
Was the disposition a market sale or something else?
AI-generated analysis. How Rhea-AI works. Not financial advice.