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
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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.